I decided to copy all (or most) of my entries from that blog over to this website so I can create a more complete view of my financial lifestyle. When reviewing what I said earlier or at different points in the market movement, it will be easier to reference with everything on the same website.
While a semi-creative title wasn't obligatory, I felt inclined to find one that fit. Music is a big part of my life, and not surprisingly, that was where I found my answer. "Wiser Time" is a song by The Black Crowes called "Wiser Time," with a chorus which I felt adequately describes the day-to-day grind of the markets:
On a good day,
No, it's not every day,
We can part the seas.
But on a bad day,
No, it's not every day,
Glory beyond our reach.
The song itself was written of their lives on tour: the constant travels, the thrill of a great show contrasted against the inner turmoil of a bad performance, basically the up's and down's together as one. It reminds me of the markets. While we have bull markets and bear markets, the determination of them is only made after the fact. At any one point, can we say we are in the middle of a bear market? Never, we could be at the end of one or the beginning of a bull market. I think the emotional dichotomy of investing echoes those of the band's tours.
Plus, it's my blog and The Black Crowes are one of "my" bands, so it is important for me to embrace that crossover and maintain a personable touch.
Ideally, my goal is to make this blog interesting to professionals in the industry and useful to novice investors who know nothing of the industry. I won't just comment on the proverbial bottom line but I will attempt to break it down one step further. This may either give something for everyone, or just alienate this blog from anyone. I have a sister whose tolerance and interest in financial education matches the duration of a hiccup. Hopefully she can be a barometer for how well I am doing in those entries.
I have comments activated, so feel free to pose any additional questions. I despise the usage of comments on most websites (the breeding ground of cowardice), so please keep any additions relevant and respectful.
-Kay
January 10, 2011
