To reach BobandScott.com contact:

BobandScott.com
3725 Walden Avenue
Lancaster, NY 14086

So here’s the deal…Bob and I (Scott) are going on almost 25 years of friendship. Since 1984, we’ve been on the same sports teams in high school, messed around on our own for a while, attended each others weddings, started careers, started families, and then, in 1999, went into business together. We started a comparison shopping service (along with Jake Sapio) for insurance consumers in 2000. It did well. During that time, we started taking some of our profits and investing them in a company 401K retirement plan. There was a master login and we could all see what each other was doing and what kind of returns, wins, and losses the other one was having. We each made some good stock trades and bad stock trades but it was a really fun part of being in business together. We competed at times. We trash talked at times. It was a fun way to learn about some stocks and stay connected to the financial markets.

Bob has always messed around with stocks. When I was in college in NYC, he came to stay with me for a couple of days. He was in town to take his series 7 exam and planned on making a career out of stocks, etc. He’s a smart guy…a really smart guy. He understands things. He understands how to short, trade options, buy calls, sell puts, whatever. Heck, I not even sure you can buy a call or sell a put. Maybe you sell a call and buy a put?

Anyway, we’ve both gotten to point in our lives (maybe it’s midlife crisis) where we are dabbling in several things but want to do something we really enjoy and might be good at it if we just concentrated a little. So, just a couple of days ago, we decided to launch BobandScott.com. It’s fairly simple. We are going to document our journey as guys who are going to trade some stocks and try to make a few bucks on the market. We figure we’ll start with $2,500 $5,000 each (when we abide by our own rules) and give it a go. We’d love to think it lasts 20 years. It might end in a couple of weeks.

One this is for sure…the stock market is up and down right now. It’s volatile. It’s March 25th, 2009 and the economy is really in tough shape. Unemployment is at about 9% (at least in Tennessee). People are losing jobs at an uncomfortable rate. The stock market is off from about 14,000 to about 7,750…as of today. We just believe, with the stock market this low, there are a bunch of really good companies with very low stock prices. It could be a very opportunistic time to be getting involved with the stock market. It can certainly go allot further down. But, at some point, there will be a bottom. We hope we’re within range of the bottom.

Have a question or a comment?  Feel free to contact Bob and Scott today.