December Happenings

Jenny and I enjoyed Handel’s Messiah at Bass Hall in Fort Worth last week. Like most choral performances, it made me want to sing in a choir again. It also reminded me of the majesty of Christ, the grandeur of His plan for the world, and how insignificant most of our daily worries really are.

Friday night was graduation time. On a cold, drizzly night aboard the USS Lexington in Corpus Christi, with many members of my family aboard, I finally put an official end to my time at Embry-Riddle. I met ERAU administrators and a fellow student for the first time. My mother- and father-in-law flew Southwest for free for the first time as well. We toured the Texas State Aquarium beforehand, which I recommend. Dad treated us to a fabulous dinner at Landry’s Seafood, which I also recommend. It was a great weekend.

It’s hard to believe Christmas is almost upon us! 2007 is only a few weeks away. Jenny and I will celebrate our 4-year anniversary soon. It’s always amazing how time flies!

Investing

I have purchased stock in three companies over the last couple of weeks. After doing some reading online and in print, reviewing lots of financial statements, and applying a variety of criteria, I think I’ve worked out the beginnings of a solid strategy and found some good picks. I’m considered a “value investor”, which is the opposite of a day trader. Warren Buffett, the most successful investor ever, falls into this camp. Rather than trying to chase the market, pick the perfect times to buy and sell, and flips stocks for a quick buck, I’m buying companies I believe in and planning to hold them for years, letting the incredible power of compound growth work for me. I’ve had a lot of fun studying the craft of investing. I found some good websites in the process: investopedia.com and fool.com. I’m using Fidelity as my broker. They aren’t the cheapest in terms of commissions, but they’re not too bad and offer some great research tools. I bought stock in RPC Inc (RES), an oil and gas services company, American Oriental Bioengineering (AOB), a China-based company that makes drugs and health products for the exploding Chinese market, and Honda Motor Company (HMC). All of these had reasonable or very low debt, strong growth prospects, high profit margins, plenty of cash, positive cash flow, and some other strengths that make them good candidates for the long haul. IMPORTANT DISCLAIMER – I am not recommending that you buy these stocks, only telling you what I’ve done in the hopes that it will pique your own interest. =) Soon I hope to start working on some hobby-oriented webpages for andybox.com, such as investing, wine, and photography. Stay tuned!

The Marvelousness of MySpace

For a vanity site, I think andybox.com is pretty decent. Although definitely self-centered, it has a good variety of content, links, pics, and creative writing. However, it is not interactive at all and does little to set up a community or make connections between people. So I set up a MySpace page as a compliment. You might need to register to see it. MySpace lets people have their own website without having to write their own code. It lets you easily add music, pics, or video to your site, create your own network of friends, talk about yourself, and even maintain your own blog. I’ve had tons of fun finding old friends from high school, college, and work. Jenny also set up her own page, and she’s maintaining her blog better than I am. Right now our layouts are a bit boring, but apparently there are ways to spice them up. Happy exploring!

Sensitivity Training

In American society, one of many people’s standard questions for young married couples like us is “So, when are you guys having kids?” It seems like a logical and innocuous question to them because in their mind, children are simply the appropriate next step, and all it takes to get pregnant is a simple choice to try. The longer a couple has been married, the stranger it seems to be childless, and the more often those questions arise from well-meaning people – at work, at church, among friends, and especially at family events. Unfortunately, this seemingly friendly question often pours salt in an open wound. Why? Because not every childless couple is childless by choice.

Some couples have medical issues that prevent them from ever having children. Some have a chance, but only with specialized medical assistance. Some have no obvious medical problems but just don’t have any luck. Some want children but can’t even try right now due to work, school, or financial barriers. Some got pregnant but recently miscarried. If you don’t know about a couple’s situation, it’s probably best just not to ask. First, it’s none of your business. Second, the couple might be in one of these situations, and just getting the question (again) could be painful.

For those who don’t already know, we’ve been trying for over a year to get pregnant with no luck and no clear explanation. We’ve started seeing a wonderful specialist in Irving who has helped some of our friends. He might have figured out the problem, and if he’s right, the solution is relatively easy. We ask for your prayers and understanding, both on our behalf and for all the other couples out there who are struggling with infertility.

Finally, if you know someone fighting this battle, please be careful with your efforts to comfort or help them. Many of the pat responses, such as “Just relax and it’ll work,” “You can always adopt,” “Adopt, and then you’ll get pregnant – it works every time!”, “Have you tried _________?”, “My friend tried for XXX years and finally got pregnant”, etc., are more frustrating/hurtful than helpful. Just tell them you’re very sorry and you’ll pray for them.

The Tree is Up

My wife and I both love Christmas. We love it so much that we made a nice dinner, played Christmas music, and set up the tree last night. We also only have 1 or 2 more gifts to buy. Some people decorate their trees with beautiful bows and lights, making everything look classy and consistent, like a tree you’d see in Macy’s. And that’s fine. But our tree and my parents’ tree when I was growing up are covered in memories. I have ornaments from my grandparents and parents going back many years. I have a tiny green bell from my mother’s tree when she was little. I have a lollipop from Miss Carter, my kindergarten teacher. Jenny has one from her first grade teacher. We picked up ornaments on our cruises. Some are just fun, like the skiing M&M and the Homer in a Santa hat. We even have a few pet ornaments. Most of them have some kind of sentimental value because they connect us with our people and our past. Putting up the tree is like stepping back in time. I encourage you to put up your tree soon.

This morning I updated the family page with a few more pictures and more info about the colorful individuals in my family.

And It Will Not Be Long, Love, Till Election Day

Hee hee…I might be the only freak in the world who gets that joke. Anyway, today was election day, and I did my civic duty by voting against the Republicans and Democrats wherever possible except for the US Senator election. Kay Bailey Hutchison helped repeal Wright, so I couldn’t vote against her, but she also insulted Southwest’s coffee in a press conference afterward, so I couldn’t vote for her, either. She’ll get elected either way. I’m still pulling for Kinky, though…

I have a new project and possible use for my MBA – making money in the stock market. I picked up some books at Half Price Books, and I’ve been reading reports by Warren Buffett on his investing philosophy for Berkshire Hathaway. From what I’ve seen so far, the stock market is largely illogical, despite what I learned in my finance class. We learned tidy formulas for valuing a company based on the present value of projected future cash flows, discounted by the risk premium, etc. But it seems to me that a stock’s price is largely determined by the market’s consensus about the stock’s future movement rather than the actual value of the company, especially if the company doesn’t pay signficant dividends on earnings. The price goes up if the analysts and investors think the price will rise and down if they think the price will fall. How circular is that?!? In addition, a stock’s price is significantly affected by how closely the company hits the analysts’ and its own earnings forecasts, more so than by the actual amount of profit or loss that help determine the company’s health. Even more strangely, Southwest’s stock price often DROPS when we report our quarterly earnings, which have been positive every quarter since the early 1990s, even if we BEAT the target! Despite the insanity of the system, there is money to be made, and I intend to figure out how to wisely carve off a slice for us. I know a couple of people who are getting into day trading with some success, but that sounds a little risky for me. I want something a little more stable and logical. I’ll see what my books recommend…