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Okay, I’ve never been a party girl, but I wouldn’t consider myself a complete bore either. Now I find out that I might be a bit of a YAWN.

A recently published AP article defined what YAWN stands for: Young and Wealthy but Normal. Erm, that’s a bit forced but I get the idea. Bonus points for creativity… I guess.

So what does this shoehorned acronym really mean? Apparently YAWNs are people in their 20s, 30s, and 40s who fit the profiling as described but who love to live green and be socially responsible.

The article goes on to say that trends come in cycles. The over indulgence of the previous generation has swung the pendulum back to a leaner lifestyle. Less is better and so is having a social conscience. Thank goodness considering consumer debt…

Some of the big YAWNers are from the IT field who made millions working in Silicon Valley. Instead of living over the top in their extravagance, they lead simple lives and give their money to charities. Good on them.

At this point in my life, I’m a little YAwN. Notice the w in lower case letters. I have yet to transcend to the highest level of Maslow’s little pyramid scheme because let’s face it, when your needs are met or set for a lifetime, you sleep better at night. After that, then you can work to save the world.

Look out world, here I come.

Charity, Definitions :: 5 Comments »

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It was in early February that Microsoft offered Yahoo a stock and cash bid totaling $44.6 billion. The resulting news skyrocketed Yahoo’s share price 48%.

Hmm, I wonder how much the share price will drop after it was announced that Microsoft backed away from the deal Saturday? This is despite a last pitch effort to sweeten the offer by increasing Yahoo’s share price from the initial bid of $31 to $33. The Yahoo execs wouldn’t budge from $37.

I also wonder if this is yet another coy tactic by Microsoft to rile the Yahoo shareholders into a murderous frenzy. You have to hand it to Microsoft, this parting rivals Rhett Butler’s walk out on Scarlett O’Hara with the very dramatic, “Frankly my dear, I don’t give a damn”.

According to an analyst quoted from this Bloomberg article, it is estimated that the Yahoo share price will drop $8, or 28 percent when trading resumes Monday. Analysts are sometimes hit and miss but this can’t be considered good news for Yahoo shareholders. This is especially bad for those who wanted to play the buy on rumor, sell on news game.

As my previous article explained, this buy on rumor, sell on news axiom has been one of the most regurgitated sayings in the finance industry. It will leave those looking for a quick buck disappointed.

Let’s face it, when these rumors hit our pedestrian ears, it’s not rumors anymore. It’s news because we probably read it/watched it from mainstream media. And how often do these “rumors” come true? All talk and no action. What a tease.

Who knows, this still might be posturing from Microsoft but this is too much of a roller coaster ride for my liking. And the screaming I hear are from the Yahoo shareholders in the front caboose.

In the news, Investing, Investing myths :: 2 Comments »

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