Rico recently took over managing my IRA portfolio, as my strategy was to simply invest a couple thousand dollars in a diversified fund and not look at the money again until I was 65 years old. I'm not a motivated trader, it seems, as the fact that I lost a good 40% of the value of my IRA with the economic downturn didn't really bother me.
Rico, instead, is a huge trader at heart. He completely revamped the IRA, bought new stocks, started doing some short-term trading, and managed to totally recover my previous losses and earn a modest return on the portfolio within a few months.
These days, Rico spends a significant amount of time ferreting out new stock opportunities and honing his investment strategy. While I obviously couldn't be bothered, I do have one clear recommendation based on my state in the previous 48 hours:
Buy Kleenex or TwinSaver shares, for the love of God, because my single-handed consumption of tissues seems likely to boost the earnings of any company that turns out a nose-blowing product.
I caught a terrible cold while in South Africa, and to add insult to injury, was hit with a whopping case of allergies yesterday. I swear I went through 3/4 of a box of tissues within a few hours. My poor nose is totally chapped, and I'm still not through the thick of it.
I will be back to regular blogging once I am feeling better, once I have finished my pending translating job, and once I have completed a giant jewelry order for a colleague. Oh, and then I'm heading to Nampula and Zambézia for field work...I guess look for regular posting in June.