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I've been sucked into the ETRADE life and I have to say, its more fun than Quake!I got stock options from my last comany (Varian, Inc. or VARI in stock speak) and it made me realize that the reason that capitalism has beat out all the other economic systems (presuming that you dont regard crime as an actual economic system, but rather an effect to maximize the return on the accepted system of economics) is that it is more fun than the other economic systems.
No other system ever considered putting gambling at the core of its enterprise, and I have to say, its a real masterpiece of social engineering. Until we can figure out how to base an economic system on fucking* it really is the best way to go.
Even in the down seasons its impervious. When the stock market crashes, people with any cash reserves think "hey, look at all those cheap stocks! Daddy want!" and up we go again.
However I am tired of playing the minimax game. I want to be able to invest in THE future. I want a stock that covers the value of Earth. I'm thinking ERTH though I guess that's taken.
In today's uncertain businss climate I want to put my money on "Things will work out." Just a blanket stock package that represents the fact that most crises are crises of imagination and that ultimately, humanity will overcome whatever gets in our way, and sell it to the highest bidder. Consider, for instance, the environment. The environment used to be a real bitch, but we definately won that fight. If I had any stock in the environment, I'd sell it at market value. But people? We'll live on even if we hace to eat cockroaches and live in houses made of our own crap.
In about 6 months of investing, I took a 10,000 stock and split half of it into a $200 profit. If you only count the 5K I actually took action on (the other half I left in Varian) that is equivalent to an 8% profit, which I am pretty proud of considering what a bank people in general are taking.
My big ace in the hole is that I bought Apple at a time when it was going through some short term trouble with the options scandal. The other stocks in my portfolio were bought on the advice of a coworker (NETC), which reflects the growth of Brazil's electronics infrastructure, and a few stocks I got on Motley Fool advice: Gamestop and Marvel.
I selected those out of their roster because they are entertainment stocks and I'm banking that the worse things get, the more people will try and zone out their worries with games, movies and yes, comics.
My final pick was Sam Adams, a terse Motley Fool suggestion; I got it after it took a whopping nosedive to round out my "Antidepressant portfolio." I also got a single share in E-trade.com itself out of curiosity.
So far, Apple, Marvel, and the lone E-trade share is floating the rest of them, barely.
* and no prostitution isn't an economic system based on fucking -- its a trade good that is encapsulated in cash. However I'd be willing to trade on prostitution futures any day of the week.
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