I’ve blogged about webmaster stuff for the past week or so and thought today would be a good time to take a break and touch on some big news in the business world. If any of you follow the stock market you ahve most likely heard the news that the Dow Jones Industrial Average has hit an all time high. It has literally been going up and up since the depression ended in the early 1940’s. Just take a look at this graph at Yahoo Finance.

Interestingly enough, the NASDAQ Composite has yet to rise above pre-911 levels, although, it has been going up slowly but surely since around 2003. Check out this graph for a visual example.


Overall while everybody has been raving and jumping for all of the popular tech stocks out there, the Dow Jones has been rising steadily. Does this mean you shouldn’t invest in technology? No, but tech stocks can be riskier in the short term. New technology companies start up and fail every single day. The market has really only been hot since around 1975. The internet arrived in the 1980’s of course and with that all sorts of new technologies came into play. Aside from 911 the Nasdaq hasn’t really seen a significant drop.

But where is the best place to put your money? Personally I am a huge believer in Warren Buffet’s investment strategies. Less than two years ago his Berkshire Hathaway Inc was selling “A” shares for $80,000 a pop. Today a single share is worth $109,000. It seems like yesterday I was highly considering picking up several “B” shares for $2,000 each. Berkshire stock (both A and B shares) has gone up a whopping 30% in less than 2 years. Right now it is has been sitting steady for the past 6 months, but, honestly Mr. Buffet has a serious investment strategy that is definitely getting the job done. I am certainly proud to be from the same hometown as Mr. Buffet!