Mardi Gras is here
Shrove Tuesday is here, Lent begins tomorrow and you need to have your Shrove together.
The word shrove is the past tense of the English verb shrive, which means to obtain absolution for one’s sins by way of Confession and doing penance. (according to Wikipedia)
In my house it means going to Church for a traditional pancake dinner with bacon and ham to celebrate the beginning of Lent (and the Easter Season).
Mrs. Caj points out that it is time to cut out the FAT in your life, that is what Fat Tuesday is about, getting the FAT out of your life for Lent. Get the FAT out of your Personal Finances as well.
Financial Mardi Gras
No, I am not saying let’s all go out blow all our money before we start our Lenten Financial journey. If anything I am saying, maybe have a quiet night relax and plan out what you are going to do over Lent to make your financial situation better.
Other News: Bargains in the Market?
Is this the bottom of the markets? Is the stock market going to start a Lenten recovery? Not sure but the US S&P 500 is at it’s lowest level since 1997 and the TSX is at 2004 levels too, so maybe the market is at a Bargain price, but then again, I can’t tell you it’s at the bottom (but call me in 6 months and I can say for sure). I can say that 6 months ago, wasn’t the bottom.
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February 24th, 2009 at 3:02 PM
I wondered if any of the blogs I read would mention the US markets touching 1997 levels. I was shocked to read that on WSJ.com last night.
I guess this advocates for buying stocks with dividends, though that’s no guarantee that they won’t go down just a little more than non-dividend payers.