I have mentioned my investment in a share of “Packer’s” stock. It is essentially worthless because I can’t resell it. Hey, the bragging rights are “priceless”. Obviously it is a lousy investment from pure financial standpoint.
Then there is the Milwaukee Brewers. I have been approached by the Brewers to invest in their organization (not really). They own the rights to Ryan Braun and owe him $117 million. The Brewers can’t sell him to another team because he is “radio-active”. His performance will probably decrease without the drugs. I told the Brewers I wasn’t interested. It is high risk and just a poor choice for investment.
There is a company “Generac Power Systems” that sells home portable generator systems to be used for emergency situations. The natural gas powered unit installed is probably $3500-$4000. This investment would be fantastic in an emergency situation such as power outages from severe storms. The investment is one of convenience because people in this area will survive without a portable electric “backup system”. It is a marginal investment. You might get some money back when you sell your home.
Another investment choice is “games”. Grasshopper No.5 works for a company that markets and sells video games for use on electronic devices including ipods and cell phones. The company, Gamestop has doubled in price in the last 10 months. Whoa! In October of 2012, you could have bought Gamestop for $22 per share. Lately it has been hovering around $44 per share. Investing in video games has been an excellent investment. No I don’t own any shares! Damn.
Give me “Games”. It is the one investment that appears to keep on giving (at least for now). It looks like Grasshopper No.5 has landed in a good situation. I wonder if she gets stock?
Only you can choose the use of your money for investment. Emotion can cloud judgement. Choose wisely.
Love,
Dad