Well, oil closed above $100 a barrel for the first time ever today. Scary huh? Tea prices are also increasing, which is crazy, I wonder if this is just a fad, or if it’s simply the American market catching on to the greatness that is tea. I have been making more and more Green tea than coffee, and that’s saying something since I bought some REALLY good coffee (Kona Coffee, which is absolutely incredible) Bad times for Lipton? Or does Lipton grow the tea too, because then they would be a good buy.
With oil prices continually increasing, would it pay to invest in alternative fuel sources? I checked out some companies that are developing sustainable Hydrogen creation, and quite a few of them are quite cheap. Some are even as cheap as $0.08 per share. That doesn’t necessarily sound like the most sound investment, but would it be worth it to throw $50 to them as a purely speculative investment? I mean, $50, minus $4 for the fee, means $46 of stock at $0.08 per share. That comes out to 575 shares. If that goes up to only $0.10 per share, that is $57.50 per share, at $4 to trade, that would be a $3.50 win. What if they developed a serious technology, or got bought up and went up to $0.20, that’s $61 profit. I’m not saying it’s a sure thing, but it may be a good speculation given the increasing price of oil. Others may have the same idea’s soon. My own personal investments are in treasury bond indexes, which haven’t been strong lately, but it’s a good 3-5 year investment.
Investing is a funny thing, because when you think about it, the stock market doesn’t really depend as much on whether or not a company is doing well. If you are investing long term, it does matter, but for day traders, the only thing that matters is how the market will react. We could just invest in companies X, Y, and Z, and we might have the same effects on the markets. I read Liar’s Poker, which my Uncle sent me, and it was really amazing how the world’s events could affect the markets. For example, would you think that Chernobyl would cause the price of potatoes to go up? Maybe, but not 3 minutes after it was announced. There is a story who just minutes after Chernobyl was announced recommended a buy for potatoes. Just an interesting thought.
I have found a few new things to cook in the dorm room to save money. Beside the Sushi that I have been making (write to me if you want instructions) I am also now making Ramen (original, I know) and I just bought stuff to make quesadillas, in the microwave. They’re quite cheap, just tortilla’s, cheese, and some spices (I’m simply using some chili powder, and I’ll steal Tabasco from the cafeteria) I’ll let you know how it turns out.
I am excited, the leadership conference with Philip Morris is coming up. That should be GREAT. It’s through the Business honors program, Eli Broad Scholars. We’ll go to some site and do some shadowing, and hear many speakers, all provided for us by Philip Morris (it’s FREE!) I also have a trip to Traverse City coming up with the Glee Club, and it looks like I will be going to Texas for Spring Break. That’s most of my travel plans for the upcoming months.
A congratulations to Barack Obama who has now won Wisconsin as well (that makes 9 in a row). A congratulations to John McCain as well, who is warding off Mike Huckabee’s fight in the GOP Primary (even though he cannot statistically lose) I encourage EVERYONE to vote in the remaining primaries if your state has not been visited yet, and in the general election this November. Whether it’s Obama vs. McCain, or Clinton vs. McCain, you should vote for whoever you feel is the best candidate (even if they are a third party). Use your right to voice your opinion; a single vote might not make a difference, but if you don’t vote, you are not voicing an opinion. It’s a small voice, but in a nation of 300 million people, everyone deserves a voice, if you don’t vote, you are losing your right to speak up, no matter how quietly it happens.
Here is the remaining schedule for the Democrats and Republicans. Unless specifically listed, each state applies to both parties. I urge you to utilize your right to vote.
- March 4th
- Rhode Island
- March 9th
- March 11th
- April 22nd
- May 6th
- May 13th
- Nebraska (Republicans Only)
- West Virginia (Democrats Only)
- May 18th
- Hawaii Convention (Republican Only)
- May 20th
- May 27th
- June 3rd
- Montana (Democrats Only)
- New Mexico (Republicans Only)
- South Dakota
Please note: any financial advice given here is merely my opinion, and is not meant in any way to provide legitimate suggestions. All investment decisions are solely your own decision, and your liability.