Why The Rich Live Longer

They say money can’t buy you happiness, but a new study indicates that it can definitely buy you a longer life. Published in British medical journal The Lancet, the report shows that the wealthiest Americans outlive the poorest by about 10 to 15 years. Despite medical and technological advancements as well as the push for healthcare… read more

Not a Gold Bug

Image result for gold bugI am definitely not a gold bug.

I definitely do hate bugs, though and I do like gold.

With the latter, only in moderation, but I’m liking gold more and more.

For each of my son’s college graduations they received some one ounce gold coins, representing the first time I had ever purchased gold in any form, other than jewelry.

Those turned out to have been good investments and some of those coins have already been cashed in and turned into other good investments.

But what I have really come to enjoy have been the gold miners. read more

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I Forget

Image result for lululemonAs I’ve gotten older, I realize that there are lots of things that I forget and have forgotten.

For example, I don’t really remember if I used to enjoy looking at photos like this, or not.

If I did, I’m not certain that I remember why I liked it.

Looking at it, though, I do recall a few years ago when LuLuLemon had a little bit of a debacle with its sheer athletic yoga pants and that issue related to quality control took shares lower after an almost fairy tale kind of rise up until that point.

Again, looking at the picture, I don’t really recall if it demonstrates what was bad about the quality or what was good about the quality.

What I do, remember, however, is that as all of this was unfolding, the founder of LuLuLemon and its Chairman, at the time, made the unfortunate mistake of saying that not all people were meant to be wearing his company’s clothing. read more

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Will Marijuana be Legal in 50 States?

Adults in eight states and Washington D.C., can legally consume marijuana, and that could soon change to adults in all 50 states. Rep. Jared Polis, D-Colo., recently introduced a bill that would make marijuana federally legal and allow the plant to be regulated as alcohol is in the U.S. Under the new bill, called the Regulate… read more

This Is What Your Nightmares Say About You

Most of us nod off as our sleeping brain uses this time to make sense of our day-to-day experiences. We continue to fall deeper and deeper into a slumber as our dream world unfolds, putting us face-to-face with our unconscious fears and desires. This could manifest into a cycle of bad dreams from seeing zombies to… read more

Why Did You Do That?

Image result for confusedIn the final 30 minutes of trading today, as the monthly option cycle was coming to its end, I made one last trade for the day.

I had already surprised myself by not paying attention to the strategy I was planning to execute this morning with Marathon Oil.

I further complicated matters by actually opening 2 new positions today, something I don’t do very often to end the week, unless one of those shares is going ex-dividend to start the coming week.

I also ate into my cash reserves.

Confusing.

Add to that the final trade.

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Why Do Today What You Can Put Off Until Next Week?

Image result for delayJust a few hours ago I made a pretty good case for breaking one of my rules.

That rule was to treat individual lots of shares in a given stock as individual positions.

Doing that means selling calls on each position based upon its own strike price and profit goals.

I had my eyes on adding more shares of Marathon Oil today if it tested the $15.50 level.

With a $16.50 strike expiring this afternoon on shares that had a $15.60 break even, the idea was that if I did add more shares of Marathon Oil I would just combine the 2 lots, which happened to be of equal size and then look to sell $16 strikes on Monday. read more

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Torn Between Two Lovers

Image result for torn between two loversDoes anyone remember this song from Mary MacGregor?

It raised a few eyebrows when it came out almost 41 years ago.

Putting fantasies aside for a moment, I’m torn between two loves at the very same moment, sitting here wondering what comes next.

That wonderment isn’t unusual. There isn;yt a day, and I don’t think there hasn’t been a day that I can recall when that wonder wasn’t in abundance.

Now that rates have risen for the second time in 3 months and as it seems that there is some ambivalence about continuing that post-election rally, I’m torn between the financing goals that appeal to me the most. read more

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4 Words That Broke Many Investors

Four little words may have cost more investors more money than anything else in stock market history: This time is different. Granted, in a sense, every time is different. History never repeats itself in exactly the same way, but it can certainly rhyme. Market cycles exist because our fundamental human qualities don’t change. Fear and greed… read more