So What are the Best Investments?

We specialize in speculation. We see risk in every financial asset.

Our caution has served us well. Citigroup, GE, Fannie Mae, Wachovia, Dodge & Cox International and Stock Funds, Bill Miller's Value Trust, and Fidelity Magellan were all deemed to be low risk investments! Oh how flawed that reasoning was. . .

When pressed on investing, we do believe that Singapore and Japan have attractively valued equity markets. When will they go up? We don't know. We simply have found value and believe that the odds are in our favor for good returns in the future. They are also conservative investments.

But even these markets are not the best investments. The best investments are those little things that enhance our lives, far beyond their financial outlay.

We view the following as a small sampling of what we view as the best investments:

1) Travel- Go see some place new. Some where that you have always wanted to go.

2) Language - Learn French, Spanish, or Italian. Learn a language that you have always wanted to learn, then go and visit the country. You will make new friends and you will expand your cultural understanding of the world.

3) Music- We personally love Who's Next, Exile on Main Street, Pet Sounds, Axis as Bold as Love to name a few. It doesn't matter. Buy a CD that you enjoy. Pour yourself a drink and lay on the couch. Do nothing but relax for that hour.

4) A Good Drink - Especially with friends. An unhurried beer, a scotch, a martini. Some good conversation in a location one likes. What could be better?

Money is simply a means to living well. Living well does not mean having to be rich.

We know many rich that don't live well. They simply have neither the time, nor taste to enjoy the fruits of their labor.

More to follow . . .