Lo and behold, I won one of the 5th place prizes, a spanking new vacuum tube voltmeter, that was a whole lot better than the military surplus meter I was using. It just so happened that right around then I had entered a contest sponsored by RCA in which you had to write in 75 words or less why you like RCA service instruments. My father had all of his meager savings in the bank and in some War Bonds and the only thing he knew about the stock market was that it caused a lot of investors to wind up in the poorhouse during the depression. I dearly wanted to buy an oscilloscope but Herb Bushman, a friend of our family, suggested that maybe I should buy a couple of shares of stock. In fact, I learned enough to set up a little after-school business repairing car radios which, in those days, were notoriously unreliable.īy the time I was 15 (1954), I had saved a few hundred dollars from the business which, in those days, was a princely sum to a 15-year-old. By experimenting and trying to get stuff working again, I learned a great deal about radios and electronics. No-Nonsense ApproachThese 16 practical lessons for investing came out my 50 years of making good and bad decisions, setting goals and then abandoning them, buying good-quality stocks but also chasing performance, almost giving up after one grinding bear market, but, most of all, continuing to learn more every step of the way.īack when I was in high school, almost every Saturday, I'd take the bus and subway from my home in Malverne, Long Island into New York City to forage around the shops on Cortlandt Street for military surplus bargains. The memory card will allow you to share files between devices linked to the MiFi, as well as store files you download.īecause these devices use a cell phone modem, they are subject to the same sorts of roaming charges that a cell phone incurs when you leave the network, or cross into a new country.16 Basic Principles of Investing: A Down-to-Earth, No-Nonsense Approach The new MiFi has a higher speed modem, plus a slot for a memory card. Novatel has a new model of the MiFi coming soon. Also of interest is Verizon's pass that offers 24 hours of unlimited bandwidth for $15. Verizon and Sprint both offer a 5 GB plan costs $59 per month. The purchase price of the MiFi is $279, or $99 subsidized by Sprint or Verizon, when you sign up for a cell phone service contract. So you can take the MiFi along in your pocket. Its range is only 30 feet, but it has a battery good for about 4 hours of operation away from the vehicle or other power source. MiFi is about the size of a deck of playing cards, and weighs about 4 ounces. The second mobile WiFi hotspot is the Novatel MiFi, pronounced "my fy" ( ). A 12 month service contract with the cell phone company is $29 (1 GB upload) or $59 (5 GB upload). Purchase price for the AutoNet hardware is $400 from companies like Crutchfield and Best Buy. The AutoNet router mounts in the trunk or cargo area of your vehicle, and provides WiFi service to devices within about 150 feet from the vehicle. The device is about as big as a Gideons' Bible, and has long external antennae to extend WiFi range. The first WiFi router is from AutoNet ( ). Both allow multiple WiFi devices (computers, PDAs) to access the Internet while the vehicle is on the move. Here are two solutions if you're interested in adding a WiFi router to your vehicle.
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