Hello My Darling Divas,
Busy, Busy, Busy is my only excuse, repair and remodeling on my home, working with my brothers on updating our financial portfolio's.
The tensions in Greece, Spain and Europe in general had us looking at our investments, and we've all made changes. No loss but no profit either, but that is at this time is what it should be.
Face book has proven to be a very poor investment choice and we were glad we did not take the plunge.
I've always been a "Mac and Cheese" investor, and now am looking more seriously at what people will need for children and for the elderly---one cannot get away from diapers, that is a given.
So I've been carefully shifting my portfolio. If anyone of you have been reading my earlier posts I've always recommended that it's wise to review it at least every 6 months and depending upon where you are age-wise.
And I have been taking my own advice. Part of it is to also always look at what people will always need. Again a type of "Mac and Cheese" investing.
I feel from what we've been seeing that the stock market is going to stall a bit, the Europe crisis is having people take a very hard look at things.
There is a oldish type of social gathering that ladies have been doing for a while and if you Divas have not been doing it then you should consider it.
An investment club---a group of people, mostly ladies, study the stock market and then pool their disposable money into investments---now this has to be a group decision based upon research. A book was written about this and once I find the title I will re-edit this post with it. Alright I've found out the name it was the "Beardstown Ladies Investment Group" both famous and infamous.
The reason that I say infamous is that they touted that they made more than the stock market SP. Which upon investigation proved to be incorrect. But this is what I'm trying to say....
Now some people think that is passe---but really it is a good social interaction and my late husband's partners re-marked to me the other day that they have seen a minor resurgence in this...they feel that woman are re-thinking and want to gain control again over their lives. One of the partners was asked to speak at one of these ladies weekend luncheons, he stressed in his talk that it is best to get educated as much as possible about how the stock market works, especially since it is so global for the 21st century.
He remarked to me how incisive and very deep thinking the ladies were with their questions, taking into account none of them had ever invested in the stock market before. He cautioned them about the type of schemes as done by Madloff.
My "Ladies who Lunch" and I have done this as well and still do it, although with changes in their individual lives we have had a few rotate off and new one's come on, each bringing their own outlook, but we've done well.
This is in addition to my own personal investments.
Now your choices may not do as well if you were with an investment firm but some people gamble playing the slots, poker, the horses. In that type of gambling, you'll lose your money and lose it quickly.
But what my late husband ex-partner remarked is that with careful monitoring, one does not have to lose all their money and can still salvage something. But it is something that if one is going to invest in should be for a long term investment not a quick turn over, and they should get together at least once a week, plus, with the use of the cell phone or smart phone each person in the club can stay in touch and can vote far more quickly than at standard meeting if something should suddenly come up.
So my Dear Divas, you might want to consider this as a social investment gathering with some profit in mind---so much better than going to a club for Mojito's and Chips.
On my repairs and remodeling---My dressing rooms are all done, painted, polished, new fixtures and beautiful, next is slowly putting in the clothes and while doing that weeding out things as well.
Juanita wants to buy a Sewing Machine, a good dependable Singer she says and she has one in mind, nothing too big, for her room. Her Grand Daughter who has a sewing business on the side is doing very well, especially with Prom Dresses, I asked Juanita if she is going into partnership with her Grand Daughter and she said no, but she'd like to have a machine to do repairs on her clothes and mine. And I thought that was a perfect idea, so we are going to leave in a few minutes and go Sewing Machine shopping.
And that Dear Divas is another good investment.
Until Anon, Kisses Darlings
