“Anything from small to large cap will give you diversification, thus reducing the overal risk. However, diversified, small cap investments can be even riskier than an undiversified large cap investment”

Ok, does that make any sense at all to you? Me neither. I’ve been talking to my little brother about stocks and mutual funds and IRA’s and CD’s, and it’s just a tad confusing. He just invested in a mutual fund as a retirement plan. So now he knows more about that stuff than anyone else in the family.

It seems like everytone else in the family is doing something crazy. My dad and two of my brothers have started their own buisnesses, all of which are a part of a family-owned enterprise. Talk about rediculous. That’s three businesses and an enterprise that have been started within the past 6 months! “So what are you doing, Steve?” Oh, I’m working for my dad. That just doesn’t sound as exciting as “Well, I just started a corporation, so I’ve been doing a lot of business lately…” I mean, how cool would that be? Granted, I am part owner of our corporation, but really, “I just work here.”

So, what am I gonna do? I’m gonna move to Italy, buy a storefront, and sell baseball cards, tutus, and handcrafted figurines made from high quality African hardwoods. Then, if that takes off like it should, I can move into ski equipment and patio furniture. In 10 to 15 years, I’d like to have a good enough foothold in the oil industry to supply the US with at least 40 to 50 percent of its consumption. I figure that would be a good and attainable goal to work toward for now, and I can see what I’m gonna do after that. 🙂

So, what’re you gonna do to start your business?

Have fun!

This entry was posted on Friday, April 1st, 2005 at 2:02 am and is filed under Babblings. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.