So, we’re going to celebrate and give ourself a Fifth Anniversary gift. According to the Internet, the traditional gift is wood and the modern gift is silverware. We already have wonderful wood products here at IFO-central, otherwise known as Home.
We have our 20-year old lilac wood bell-shaped earrings (left) and just-purchased wooden peel for getting bread products in and out of our gas-fired oven. We also still have a couple of wooden necklaces from our hippie days. So, that takes care of that.
Here’s the text of our very first post on Sept. 1, 2010:
Here’s a new look at personal investing. After years of practice, I have picked up a few ways to look at investing that work for me. I’ll be posting my highly-opinionated view of how single people should look at the world of wealth management.
I won’t be giving stock tips, just ways to think about stocks and investing.
Rule #1 – never take investment advice from an Irish person, no matter how long it has been since they or their ancestors left the Old Country. As a certified Irish person who watched her father attempt to “play the market,” this is my first best tip.
Well, that still holds. As today’s market continues its downward slide, we are again watching our net worth decline. But, guess what? We aren’t “playing the market” or “trading” or relying on “experts” to manage our money.
Looking on the bright side, our dividends still provide the income we need, we have NO debt at all, a fully-insulated house, cute little red car, and a tiny, still struggling garden that will be better next year.
Besides, it seems like only yesterday that we were watching the stock market sink, causing panic in the financial and political world, but little else. The globe kept turning, seasons kept changing, family and friends supported each other, and we weathered that storm.
We think recovery and resurgence will happen again.
As long as our country produces men like those three young American men who tackled the terrorist on the French high-speed train and American women like Marissa Meyer, 40, CEO of Yahoo!, and Carly Fiorina, 60, presidential candidate, we’ll be just fine.
What do we learn from this? Work hard, stand tall, do the best you can with what you’ve got to work with. You’ll be fine in investing and life.