Most people like I've been saying have put their hard earned cash in mutual funds, stocks and other risky ventures. Not thinking about if they can handle it emotionally. Money has no soul. It doesn't get pissed or afraid if the market goes down. Doesn't that make sense? Indeed.
If you're keeping yourself up at night and not sleeping like that kid you just had, why would you risk your cash? If you don't have the balls emotionally to ride the rough seas of funds, keep it in cash. Most people will bullshit and say they can handle the ups and downs of the market, when they're just bullshitting you and themselves. Get a brain and keep your money in cash.
A basic bank account, treasuries or cds. Stop playing games with your money the way big brokers like Lehman Brothers and JP Morgan Chase do. Sleep like a baby like me. Most can't handle the volatility of the markets. They'll tell me they can, when I know they can't.
I just came across a compnay called Capstone Financial here in Canada and they said they can guarantee 8% on your money. Yeah, good luck with that. What makes me mad is not the fact that these people claim they can get you 8%, it's just that these people are gullible enough to fall for it. If you're dumb enough to fall for their garbage, you deserve to lose your money.
Please stop putting what you worked so hard for into equities and risk oriented funds. That's just beyond stupid. Sleep like a baby like me at night and you'll be whistlin' dixie.
Mark
If you're keeping yourself up at night and not sleeping like that kid you just had, why would you risk your cash? If you don't have the balls emotionally to ride the rough seas of funds, keep it in cash. Most people will bullshit and say they can handle the ups and downs of the market, when they're just bullshitting you and themselves. Get a brain and keep your money in cash.
A basic bank account, treasuries or cds. Stop playing games with your money the way big brokers like Lehman Brothers and JP Morgan Chase do. Sleep like a baby like me. Most can't handle the volatility of the markets. They'll tell me they can, when I know they can't.
I just came across a compnay called Capstone Financial here in Canada and they said they can guarantee 8% on your money. Yeah, good luck with that. What makes me mad is not the fact that these people claim they can get you 8%, it's just that these people are gullible enough to fall for it. If you're dumb enough to fall for their garbage, you deserve to lose your money.
Please stop putting what you worked so hard for into equities and risk oriented funds. That's just beyond stupid. Sleep like a baby like me at night and you'll be whistlin' dixie.
Mark
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