Monday, September 29, 2008

Unusually nice!

We are having fantastic weather for this time of year and this place. It is in the 70's during the day; 50's in the night. It hasn't rained in at least five days. I've lived here; this is unusual!

A few photos seem to be in order. First, we traveled up US-101 highway to get here. Homes are situated along the edge of the road where there is space between it and the shore. These are typical; the water is the Hood Canal.



Our park is on the Olympic Peninsula. You can see across Puget Sound to Mount Baker northeast of Bellingham, WA. A reasonable guess is that it's about 75 miles away.



These characters are having an afternoon nap in a playground that the camp provides for kids. At this time of year, the kids are in school so guess who gets the playground.



In the midst of all this beauty, the stock market dumped almost 800 points today as the Congress expressed it's displeasure with the financial bailout plan proposed by the President and his advisors. I imagine that the plan will ultimately be passed but it is tough going through all this. We have substantial investments in the stock market so we are taking some large losses. Happily, we don't need the money 'today'. Every time I hear the idiots reporting the news talking about 'investors on Wall Street did such-and-so' I cringe. Most of those people on Wall Street are traders, not investors. Warren Buffett is an investor; in my own small way, I am an investor. We look carefully at a company before we buy into it and we keep it for a long time. Many, many of the mutual funds run by those Wall Street guys and gals have turnovers of 200% a year. That means they might buy a stock in January, sell it in May and buy it again in November. That just isn't investing; it's trading.

Hope you are all having a wonderful day. Take care.

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