Buying Useless S#$%

In our lives, we can find ourselves buying a lot of stuff. We buy groceries, gas for our cars, electricity for our homes, and yet a lot of us still find a lot of spare cash to buy things that are for all intents and purposes very expensive paper weights. In this case, I'm talking about big ticket items, small ticket items, and generally anything that we spend money on and only use a few times.  In my own case I'm talking specifically about things such as my Xbox One.

Where the purchase was initially made because I thought that it would provide a good hours of entertainment, it instead has become a $450 paper weight that is effectively used for the same purpose as a $100 Apple TV display unit. Granted, I thought initially that I would be using the Xbox One for a more gaming oriented goal but that has seldom been the case. 99% of the time that I have spent on that thing since I have purchased it has been streaming video or watching DVDs one it. It's hardly what I paid the difference in price for.

Investor's Code: Buying and Selling

Having a code is important in life. A personal code can help you determine what you yourself view as an easy moral choice and what you will help you sleep better at night. Whether this be a moral code that acts when you have to stand up to a bully who is taking advantage of you or someone you know or maybe it’s just returning a lost wallet that has a huge amount of cash inside, a moral code is a requirement in life.

Now, investing may not require as much of a moral code. I myself have a few investments in “sin stocks” that may be a little more against a moral code than others but my moral code isn’t what we’re talking about here. The reason I bring up having a code is that I believe that investors must have their own code that corresponds just with investing. It’s a code that defines what stocks are worthy of a buy and which are worthy of a sell. Without a code an investor can find himself in an awkward spot and without a direction.