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Great question! I'm pretty sure that's why this thread was named "Investing 102" rather than "Hey! Let's gamble!" :lol: :lol: :lol: :lol: |
You'd think that with the fantastic run up in equities -- that this thread would be lit up like a neon sign.... yet it seems to have fallen off the radar.
What? <think of the scene in The Birdcage> |
Hey Greg, yes this thread does quiet down from time to time, but i read it every day, i dont have much to contribute in terms of experience, so rather that just babble, i just read and learn. I bet three hundred to a thousand "read only",
But the readership on this topic fluxuates like the market haha. But I can bet you dimes to donuts, when sh!t hits the fan again, the readership will see numbers to the moon. When everybodys fat, who needs a meal, know what i meen? Mike |
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So true! A market like this lulls people to sleep.... it's way too easy! Every day it just goes up. Good for the old psychology... makes everybody FEEL smart and right and wonderful <remember what you felt like when your house doubled in value every month!>. I will say though -- that if people have made GREAT choices --- they should still sleep easy when it's not so hot --- and that's the key to good investing. Being able to rest easy with what you own. It's like owning a good house in a good neighborhood --- it's fundamentally important that you love the house and the neighborhood FIRST.... the value is only important when you finally decide to sell. |
And I like what you said about the "employee" part, you good employees working for you when your sleeping or away....my company's getting like that, finally, after seventeen freakin years!
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I know many people that work their butts off long hours and for years --- and then after 20 years or so they look around and they're running a pretty nice little business.... it's just that at the time... they're caught up in the day to day and are too busy to stand back and see what they've built! Like my old partner used to say... "we'd have a really nice business if it wasn't for all these damn PITA customers". |
I don't post in this thread a lot but I read it. :popcorn2:
Happy Easter, people. |
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On a good note, I finished my "Total Money Makeover" book today. Started our house budget for April and looking forward to saving some money up for my emergency fund again, and then back to saving for investing/future. :) |
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Sorry to hear about your Dad! I didn't see the thread. I'm sorry to hear this news. Brought back memories of when my Dad was in one hospital from a heart attack - and my Mom was across town in another hospital with Congestive Heart failure and COPD.... Both in intensive care! OMG ---- it's all I did was go back and forth like a ping pong ball. Life is what happens to us while we're busy making other plans.... |
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