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For the past few months I’ve been debating what to do with this blog. I’ve been posting little bits of everything and while some of it has been useful, most of it is really pointless. So I think I’ve finally decided what I want to do with my blog. I’m going to make journal documenting everything I’m going to learn over the course of my life. Every hour I spend doing something productive, and every tidbit I pick up will be written down and separated into well organized articles for other to read. In this way, I feel that my blog will be able to provide a great benefit to my readers.

I’ve also decided to start posting TLDR(Too Long Didn’t Read) versions of my articles. For those people who don’t like to read all that much.

TLDR Version: I’m going to document everything I learn in my blog from now on.

 

It is difficult to keep your room clean because you are fighting against something that happens naturally with no effort. The entropy or chaos of a system is always rising or remaining constant. So without any outside work, your room will slowly decay into a mess. However, in order to clean up the mess and reduce the entropy of your room takes work. Work which you must do.

 

I used to play the piano a lot, but about two years ago I stopped because I was stupid. I was actually half decent. It took me one year to play third year songs. My teacher was really impressed with my skills, but my parents were not very supportive. In the end I decided that since playing the piano would not make me money, I was wasting my time. Looking back I really regret stopping because I lost the skills I worked so hard to attain. So here I am two years later with a $900 Casio 88-keys keyboard sitting in my room gathering dust.

So here I am in my room staring at my piano. I’m going to start playing again. This time I’ll be sure to have fun. The hardest part will be in the beginning when I’m regaining the skills that I lost. I really hate having to do work over again.

 

I was ordering coffee with my Jewish friend and a pretty interesting scene unfolded. We got into this conversation with a Barista about which items at Starbucks meet my friend’s Kosher standards. The Barista was very helpful and showed him all of the containers and labels. The Barista also explained what syrups go into various drinks so that he could be sure that it was Kosher. It culminated in my friend asking if the espresso beans were Kosher, to which the incredibly helpful Barista responded to by handing him a large sack of espresso beans. The sack was of course unlabeled so the Barista went to fetch an unopened bag that he could check. While the Barista was away my friend decided that he wanted one of the espresso beans, stuck his hand inside the giant bag of espresso beans. The Barista caught him red handed and shed a tear because he now had to throw away a very large bag of beans. So he finally ordered the Cinnamon Dolce Latte which was cool, but what was even cooler was that they accidentally made a double order.  So in the end, Starbucks lost a sack of espresso and I got a free coffee. Sweet!

 

So I was talking with my grandfather who is 68 and I asked him about public health care. I’m very neutral about public health care because I know that it helps the poor and hurts the middle class by spreading the available health care between the two. So it has benefits and drawbacks and so does private health care. So anyways, I asked my grandfather and I wasn’t expecting much of an answer from a 68 year old man who I thought didn’t keep up with the world anymore. I had sorely underestimated my grandfather ability to think and generate a proper argument. I knew he was opposed to the idea because he is Hispanic and had lived under communism in Cuba for a few years before immigrating to Florida. But his opinion was not based on a blind fear of communism but a reasonable assertion from his experience here in America.

Ok so this is what he told me…(I’m translating from Spanish.)

When I arrived here in this country with your grandmother I did not have a single cent to my name. I was as poor and uneducated as a man could be and me and your grandmother had to support our 14 year old daughter(my aunt) and 15 year old son(my father). So we started working in a factory sewing shirts. I worked for minimum wage and your grandmother worked for a bit less than minimum wage. We sent your father and aunt to a public high school quickly secured for them a cheap health insurance plan through the school. Me and your grandmother signed up to a cheap local HMO plan which only paid for visits to one specific clinic in Hialeah. It was the only thing we could afford but we had decent health care. Your grandmother even had a cancerous ovary removed through this cheap HMO. So we had health care, food, water, and housing but not much else. The only holidays we would celebrate as a family was Thanksgiving(which we celebrated every year since we arrived in the United States), Christmas, and Easter.

In comparison, our neighbor was a well established immigrant who had been in the United States for ten years. He was a successful landlord and his wife ran a private busing service for school students. They had money and they loved to flaunt it. They would wear so much jewelry and throw a party every weekend with so much food and alcohol it made Dionysus jealous. So one day I asked them what kind of premium health care plan they had and was laughed at. He told me that he didn’t have any insurance because whenever he got sick he would head over to the Jackson Hospital and get his health care for free. I’ve lived a long time, and have met so many people just like this man who don’t understand the value of health insurance. People who take out loans for new cars, jewelry, and irresponsible debauchery.

It is for these irresponsible people that the federal government needed to establish a public health care system. These people need 10% of their income taxed away so that they don’t spend it on rubbish that they don’t need. Under the public health care system I am the one who will suffer because I am responsible enough to know that health insurance is important. Now I will not be able to afford a private health insurance to see a private doctor because I don’t make enough money. So now my health care has to suffer because the government is going to spread a limited amount of doctor manhours among more people. I don’t like this new health care plan  because I know there are people out there who can afford health care but need the government to hold their hands.

So that is what he told me, and I was quite shocked at his point. I know that his statement does not include all uninsured persons. Some are genuinely unable to pay for insurance, but for each person with a legitimate problem that is covered how many of these irresponsible people will be covered as well? I can only hope this plan will help those who really need the help.

I invite anyone to give opinions, counterarguments, and comments about this article. Please comment it’s what makes blogging so great.

 

It always happens that whenever I play a game, the part that I like the most about that game is the hardest to access or play. For example, when I played The Elder Scrolls IV Oblivion I really liked the idea of being a thief. I wanted to sneak into a dungeon, pick pocket the enemies, loot all the coffers, and quietly sneak out. However, I quickly learned that thieves are very weak for various reasons. They have very weak combat skills and are very dependent on sneak attacks to do most of their damage; in addition, you have to choose between using either blade or marksman because using both means that they advance more slowly per level. You also can’t avoid combat in that game because the main quest is riddled with forced non-stealth combat. So my problem in Oblivion is that I like strong characters and theives, but by nature thieves are underpowered in Oblivion. This kind of thing happens to me in many games.

Here is a brief list:

  1. World of Warcraft: I like to land large powerful blows on my enemies, but builds that let me land strong hits do bad DPS.
  2. City of Heroes: I liked playing a blaster, but I also like soloing which blasters are weak at.
  3. Eve Online: I like the way production is handled, but the queue times for manufacturing something is 15 to 30 days.
  4. Diablo II: I like dual claw Assassins, but they get destroyed in Hell mode because they lack defenses.
  5. Fight Night: Round 3: I like boxers that hit hard, but boxers that are speed based get faster knock outs.

I know there are plenty of games I can add to this list, but I don’t remember at the moment. (I remember them enough to remember that I don’t remember them?)

 

So while this has nothing to do with investing, it does have to do with an important life choice that I have made. I am going to go ahead and publish it. I hope that my time and effort spent researching this subject will be of use to others who have to make the same decision.

I started out college as a biology major. It was an easy choice for me. All my life my family had bombarded me with dreams of becoming a rich and successful doctor. So as I made the transition from high school to college I began to take my chemistry and biology classes. they were easy enough for me; however, I found them quite dull and boring. So, as I was finishing my second semester of inorganic chemistry and chemistry lab I made one of the hardest and influential choices of my life. I started my research into alternative career choices. The saddest parts was that the more I looked the more appealing it became to stay as a doctor.

Doctors

PROS

-The ultimate job security.

-One of the highest paid professions.

-One of the most prestigious professions.

-Guaranteed to never have to worry about money once career is firmly in place.

-Helps to heal the sick and injured.

CONS

+Have to attend school for eight years and then complete a residency.

+Have to deal with sick or injured people all day.

+Work very long hours.

+Have to deal with malpractice lawsuits even if they do their best.

+May have to deal with emergency cases.

P.S. This was an old draft I never published. I’m fully committed to Finance and Accounting now. Do what you love and the world becomes a much brighter place.

 

I don’t like writing about my personal life on this blog, but this is a special case. Even the brightest of us make mistakes from time to time, and I made a very bad mistake today. I forgot about my beloved’s birthday. She is very mad at me and for good reason. On an internship, so far away from home and I forgot her special day. I feel stupid and terrible for letting such an important day slip by. I love her very much and I feel terrible for missing her special day, so I am going to apologize publicly.

I’m sorry  I missed your birthday! Please forgive me!

sorry

 

The Eight steps to economic recovery are…

1. Government increases spending. CHECK!

2. Stock market rises. CHECK!

3. Bond yields rise. CHECK!

4. Consumer spending stops falling or begins to rise. Sort of CHECK!

5. Housing market begins to recover.

7. Interest rates increase.

8. Unemployment returns to normal.

This is what the consumer price index looks like right now.

consumer-price-index-2009

Here is the 12-month percent change for the Consumer Price Index.

consumer-price-index-12-month-percent-change-2009

As you can see there is plenty of room for improvement in the consumer spending area. Only time will change consumer expectations about the market so that spending can increase.

 

The pattern I posted about on Sunday did not form. The market opened, and UNG opened down. That was the end of the abandoned baby candlestick pattern.

ung-abandoned-baby-fail-candlesticks-6month-may232009

Although it did manage to get back up to 13.75 despite the downward gap. It is also at all time lows.  Sorry for the late update, I lost my cable internet due to thunderstorms in my area.

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