There’s fear out there. It may be overdone and a good time to buy.
Markets haven’t done badly this year. Here are two favorite Vanguard funds VFIAX, which mimics that S&P 500 and VTI, which Vanguard calls its total market fund.
Meanwhile, friends troll the Internet, searching for nice returns. They find this:
For investors:
What could possibly go wrong?
Saudi Arabia just invested $3.5 billion in Uber , valuing the company at $62.5 billion, which is as close to insane as you can get. Interestingly, 80 percent of Uber’s riders in Saudi Arabia are women, according to the company. Women are not allowed to drive in Saudi Arabia which makes even less sense than investing in Uber at $62.5 billion. Unless you’re figuring all women in Saudi will be Uber customers and you’re never going to lift the ban on women driving. Something perverse in this.
Mary Meeker is out with her brilliant 213-chart of Internet trends:
For the report click here. Business Insider this morning wrote “Mary Meeker thinks Apple is the past and Amazon is the future.“
I haven’t flipped through her slides yet. You can download them as a PDF from the same site.
Text from your computer.
Send their phone number an email. For example email 9172983232@vtext.com
AT&T subscribers: @txt.att.net
Sprint @messaging.sprintpcs.com
T-Mobile @tmomail.net
Verizon @vtext.com
Tear your eyes away from the computer.
Every 20 minuets, take a 20-second break and look at something 20 feet away. For more, click here.
The sailor
A sailor was in the station barbershop getting a haircut with an officer in the next chair. The barber started to put some hair tonic on the officer who drew back and said, “Don’t use that. My wife will think I smell like a whorehouse.
“Use all you want on me,” piped up the sailor, “My wife doesn’t know what a whorehouse smells like.”
Harry Newton, who wonders why anyone needs to be “unemployed.” Item: the mice are still in two of our air conditioning chiller units. Six voicemail calls later, several emails later to several AC techs… and the response this morning from one of them, ““I am afraid I have already promised more work than I complete…. “
Today’s conundrum: Why go to college when air conditioning and heating are so much more lucrative?
