#931
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But should I ever need financial advice, I know who to reach out to. |
#932
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Pictures with todays Tribune on the hood or it never happened. W. |
#933
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Will take a picture once I am done reading through "Investment for Dummies". |
#934
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The only people I know who talk like this are people for who the market looked like this for the lion's share of their "investing" careers . . .
__________________
Jeder geschlossene Raum ist ein Sarg. |
#935
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Humans did this. This is simply a man made construct. The FED does what it does and computers made by rich guys trying to get richer make the "market" go.
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#936
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***IG: mttamgrams*** Last edited by joosttx; 06-07-2019 at 11:55 PM. |
#937
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But he needs to make decisions based on data, not the ignorant whims of somebody sitting in his jammies watching faux news.
__________________
Chisholm's Custom Wheels Qui Si Parla Campagnolo |
#938
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BTW, the name of the book is “Investing for Dummies” not “Investment for Dummies”. Most individual investors would benefit by reading this guide written by Eric Tyson, an award winning financial author. A free pdf version is available online so it’s certainly within your budget. Last edited by nickl; 06-08-2019 at 08:35 AM. |
#939
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I've lost around 1.5% in the last couple of months. I'm 5+ years from finally retiring (I'm already retired twice) so I'll keep throwing money at my accounts until then. Yay capitalism.
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#940
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Individuals boasting about extravagant material assets, whether they be HyperCars, mega yachts, personal jets, mansions, etc. typically can’t afford the maintenance costs these possessions incur let alone the initial capital outlay.
BTW, the name of the book is “Investing for Dummies” not “Investment for Dummies”. Most individual investors would benefit by reading this guide written by Eric Tyson, an award winning financial author. A free pdf version is available online. |
#941
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I don't hear it much anymore, but, for years after the crash, I would read something like "we lost our retirement savings in the market crash, sob", many a time. No, you didn't "lose" your money, you did something dumb, and sold low to flee to safety (probably after you bought high for years). If you stayed put, you'd be OK, after reducing spending during the down times, if you were retired. Sorry, bad move. Re: John Bogle
__________________
It's not a new bike, it's another bike. |
#942
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I tell people your account value can fluctuate up and down. You have only lost money once you sell.
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#943
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It's only your Net Worth that is affected. |
#944
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#945
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My comment was also made tongue-in-cheek and included the word 'typically' as a generalization about people that make similar statements about their exceptionally grandiose financial assets, whether these were said sarcastically or not. Nothing was aimed specifically towards you or any other individual.
Last edited by nickl; 06-08-2019 at 10:47 AM. |
Tags |
economy, freemoneyhouse, stonks, vertdoug for fed chair, wealth, yen carry trade |
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