Thursday, October 20, 2005
Settling In
We made it safely to NZ and are settling in. The scenery is beautiful and so far every one seems very friendly.
Perhaps one reason why everyone here seems to be so friendly is how little the local stock market seems to be ingrained in the stream of consciousness. On the little mountain where I live, most folks know what I do and always ask about different things related to stocks. One guy owns a lot of Motorola, another guy trades actively and so on. We saw the local news last night and there was no mention of the stock market at all.
Maybe there is a lesson there. Despite the natural human tendency to want to out smart the market, that fact is it will go on with out you and in the case of the US market it will have an up year 72% of the time no matter how many trades you place.
Perhaps one reason why everyone here seems to be so friendly is how little the local stock market seems to be ingrained in the stream of consciousness. On the little mountain where I live, most folks know what I do and always ask about different things related to stocks. One guy owns a lot of Motorola, another guy trades actively and so on. We saw the local news last night and there was no mention of the stock market at all.
Maybe there is a lesson there. Despite the natural human tendency to want to out smart the market, that fact is it will go on with out you and in the case of the US market it will have an up year 72% of the time no matter how many trades you place.
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