It’s easy to understand why it costs so much to live in that damn town. I’m the type of person that prefers a little more variability in my weather patterns…maybe that’s from growing up in the rust belt? There will be no complaints about 75 and sunny on vacation.
Always having a beautiful home to visit in Point Loma doesn’t hurt either.
Having a kid makes even the most ordinary experiences into an adventure. Tuesday morning/afternoon my wife, son and brother-in-law decided to take to the mean streets of Coronado. The previous night, the local PBS station flashed a picture of the “Hotel Del” across the screen and I ignorantly proclaimed: “wait, that’s in San Diego?”
Originally, we planned to head to the Children’s Museum, however those plans were abruptly scrapped. I quickly suggested that we go to Coronado and check out that hotel.
We decided to park on Orange by the Von’s and walk the rest of the way to the hotel because of traffic. The brother-in-law said the Chamber of Commerce liked to use a lot of superlatives in their description of the property…after walking around and through, I can understand why. I was waiting for the Day Manager to summon Pemberton to “escort the riff-raff from the premises”. Ok, it’s not that fancy, and we aren’t white trash, but that’s a hell of a lot of wood for a part of the country that doesn’t have easy access to structural or decorative wood.
It being lunch, we needed to eat. Serendipitously, there was a little sandwich shop in a liquor store on the same block as Von’s (on Orange), that makes some really great (and inexpensive, for Coronado) stuff. The picture of the “Super Italian” sold me. It’s usually the little things like this walk, the hotel and lunch that I take out of a trip that make it truly memorable.
As for the financial markets, I’ve been following lightly. Keeping track of my holdings and reading a few blogs that I like to keep up on…but no evening research or anything.
From the looks of it, another dip is upon us. Now is the time when I need to prepare myself and be ready to strike. The question I’m asking myself is this: do I want to concentrate my cash toward buying a diversified basket of stocks making favorable patterns in top performing industries (my current strategy). Or should I simplify and go for a heavily traded market proxy ETF (i.e. $QQQ, $SPY, $IWM) and play for a directional move in the general market?
Tonight I’m leaning toward the latter as I already have a portfolio of positions in a number of industries. Speaking of my portfolio, I liquidated my $XRX July 8 call position on Tuesday…details are shown below.