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Daily Archives: August 16, 2009

An Aged Visitor and Buy-and-Hold Investing

August 16, 2009
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My wife and I are getting ready for a visit from her 92-year-old father and her brother.  They’re coming up to escape the heat in Tulsa, Oklahoma, which has been recording one scorcher after another. It will be fun to have them with us for a nice 10-day visit, although a 92-year-old house guest requires more than a usual amount of preparation. I’d say that Bill, my father-in-law, is near the top of his class in terms of mobility, mental acuity and sense of humor.  He still drives his own car, lives in his own house, and pays his...

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