Random Thoughts on a Friday

I don't know about you but I really like Friday's. I hate to sound like Loverboy but I sometimes do feel as if I am working for the weekends. Anyway, I have a busy day including a 3:00 appointment. Oy vey! Who the heck schedules an appointment at 3:00 on a Friday!? Luckily I did 100 minutes of cardio at the gym this morning and feel great! Ready to attack the day!

Had lunch yesterday with a colleague of mine who is in his 50's, conservative, Mormon, and father of many kids... including some adoptees. As we ended lunch he mentioned, ironically, that the Obama win might be great for two of his adopted kids who are African American. I think he is very correct as my man, the Top Mack, recently indicated to me it's different out there now, for people of color, after the Obama win. White people are treating African Americans better says the Top Mack. I suspect it's a combination of that and some pride and a boost of self esteem. However, whatever the case that's a great result of the Obama win. However, let's get back to my Mormon friend. Traditionally members of the Mormon church vote overwhelmingly for Republicans (to quote Seinfeld, "not that there is anything wrong with that"). I wonder if they might have some interesting political conversations in the next few years in their house as the kids come of age with the pull of family and religion on one side and the pull of their heritage on the other. Only time will tell....

I was thinking about moving my 401k to cash. I have always been a buy and hold guy with my 401k. I didn't even have my on-line access information since I have never looked at it on-line. I figure it doesn't matter from day to day so I don't look. I often don't look at my monthly statement. However, as the stock market free falls maybe I need to do something!? Well, I got on-line and my stomach danced... and not a happy dance. Oy vey! From the peak this year to the current is just over a 40% drop. I felt bad for myself. My 401k wasn't huge to begin with and now it's worth 40% less than at the peak this year. Should I move it to cash? I decided it just doesn't matter. I will likely never be able to retire anyway so why worry about it!

Well, with that happy news it's time to work.

peace out.