After I read about what the Yahoo shares fell to this morning I was going to write something that I’d now regret. Thank goodness my friend, Kenneth, over at Investorblogger set me in a new direction.

If you didn’t read his comment you should. He made a lot of sense:

investorblogger Says:
May 5th, 2008 at 2:05 pm e

Having been in the situation where we had to choose between letting go workers and closing our business, I can attest to you that for business owners, nothing focuses the mind more than the prospect not just of losing money but of losing your entire business. While yes, it may be tough for those who are removed, it could be worse for those who aren’t removed, if no one goes. Let’s ask the employees of Enron, Arthur Anderson, etc. who all saw their company disappear in a very short time. And there are major companies right now facing this life and death issue.

It may not be fair, but it’s only when shareholders make money that jobs are created. Have you ever asked a loss making business to add more personnel? … It just can’t happen.

While the workers may worry about job stress, it is far more stressful to face the bankruptcy of your company or lose the wholelot because of a leveraged buyout or whatnot, business mistakes…

The fact remains: employees are employed by one employer (usually), they rely on one source of income, (unlike most businesses), and when problems occur or threaten that source of income, employees naturally feel pressure. But that is the choice they (we?) make when we are poorly informed about the other options out there. I know I made that choice, initially, too.

Kenneth

He’s been there and his points make a lot of sense. What are your thoughts or experiences in this type of situation?

Diana

Have you ever gone to a website you found interesting, bookmarked it and then…lost it? It doesn’t happen to me very often because I save sites by how I’ll remember them rather than their URL. Unfortunately, a couple weeks ago I saved a site Investorblogger dot com and either I totally blew it on my reference or it unmarked itself from my bookmarks. I have driven myself nuts the past two weeks looking for the site, again and again. Yes, I looked in my history but I had to erase my history twice over the past couple weeks because of a crazy software problem. Ugh!

Normally, I’d have forgotten about the site but I remembered it had so much useful information about investing and money that I couldn’t let it go. You know I’d love to write to you all about both investing and money but I know my strengths and neither of those are mine…not even a little. My son, yes, he’s a genius when it comes to money and investing. But, me? Not in my forte.

Anyway, today I went to one of my forums just to look around. What do you think I found…the word “blogbuzz”. That was it! That’s what I saw the first time I clicked the link to Investorblogger dot com. Immediately, I went to my long lost favorite site. I spent more than two hours reading, reviewing and commenting on the articles and posts. I have to tell you, now that I’ve found my favorite site again (well, favorite outside of my own ;-)…I won’t let it be lost again.

It’s a cool site with loads of info from student credit cards to online money-making tips. Check it out…and don’t make the same mistake I did. Mark it as a favorite right away.

Hugs, Diana