| Stuck in a Road Daze? | |
I hate it not only because I find it the opposite of fun, but because I'm bad at it. This is for several reasons.
First of all, I tend to daydream. This has compelled me on a few occasions to run stop signs, which when I was 18 years old, had a disastrous consequence to four fences, three cars and a few people.
The other thing is I'm very bad at administrative details, like paying fines on tickets. I tend to lose them and then forget what state I was in originally when I got the ticket. Unfortunately, state governments do remember things like that, even years later. Finally -- and this is related to how I do investing -- I tend to mostly think about the worst possible scenarios. In driving, let me tell you, it's a drag to constantly be assuming that every car is going to hit you. So the key for me is to be a very good passenger. But since I tend to get jumpy even when I'm not sitting in the passenger seat, I need to make sure I'm entertained. And quite frankly, AM /FM just doesn't cut it anymore.
Gadgets to Go For
Here, then, is Stockpickr's ultimate gadget-car stock portfolio of companies that make your automobile top of the line. I need to be constantly stimulated in the car, and these provide the way to do it. And I'm not alone: 100 million Americans drive to work every day and 100% of them are going to have these items in their cars over the next 10 years (source: my opinion). So get these gadgets, and consider looking at these as long-term investments, since the trend for the souped-up car is only going to continue. First of all, you will have to decide which satellite radio you want, either Sirius (SIRI Quote) or XM (XMSR Quote) (each $12.95 per month). Sirius is most known for its five-year, $100-million-a-year deal with Howard Stern. XM has Oprah. Howard? Oprah? I like both, so I'm hoping these companies merge -- they're just awaiting FCC antitrust approval. Neither company has been generating any earnings; in fact, they seem like bloodbaths when it comes to cash. But if this merger takes place, and the cost consolidation that I expect occurs, then that will change. It's also interesting to note that XM, at least, has a strong believer in its director Jack A. Shaw, who just bought 40,000 shares of the company last month.- Loading Comments...
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