I don't seem to listen, or I'm just too conservative....
AUandAG
Posts: 24,762 ✭✭✭✭✭
Back in the early 60's my aunt said don't buy a business take that $10,000 and buy IBM stock. I bought the business.
My daughter said buy Bitcoin three years ago, I passed.
An Apple tech that called on the computer store I was working at in 1997 said by Apple stock, I laughed (under my breath) at him.
I'm not a millionaire and now I know why. I hear but do not listen.
bob
Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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Are you happy? is your health well?
Don't worry about what if's and things in the past, focus on the present.
I work in hospice, trust me, i've encountered people who have everything they could ever ask for but they aren't happy and are miserable and will die lonely. Money isn't everything
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
buy silver
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Yup, happy and healthy so far! Got a 2% raise in my Social Security and only a $22 raise in my health insurance. I net out $7 to the good!!
bob
Great story, thanks for sharing !!!
You were looking at risk/reward and felt at the time it was not worth it; I would not call it conservative.
likewise...
There is only one Forest Gump.
You very likely are a millionaire. Add up what you've made and what you will make.
I bought Pixar, but I also bought JDSU, but it wasn't because anyone told me to do it.
I thought about buying MicroSoft in the early '80's but I didn't have any money then.
Ya win some and ya lose some. Just being alive beats the alternative.
I knew it would happen.
Ah yes, life's missed opportunities.... I passed up the diamond mine stocks in Canada when they were on the penny stock exchange...Also Microsoft.... Oh well... I am very healthy, very comfortable, well fed and enjoy fine wine from time to time.... Also very happy..... Color me wealthy... Cheers, RickO
Back in '02, my grandfather passed away. He left me $10,000. I said to my now-wife, "I think I should buy some Amazon stock. It's at $9, and I think when they start making money it could go up a bit."
Needless to say, 22 year old me decided to buy DVDs, and other crap....luckily, my retirement planning is still better than most my current age.
How about buying & selling 5,000 shs of aapl before the iphone
Could have been worse, back then they could have told you to by Enron stock.
I bought 1000 shares of Dell at their IPO here in Austin for 10.00 a share,and sold at 13.00 a share.
We all have our stories, don't we?
I don't blame anyone for not jumping into this Bitcoin frenzy. Irrationality, greed and all the stuff of human foible are in full bloom here.
Still and all, the Internet is truly unprecedented, historical and revolutionary in the human experience. We are just beginning to feel its impact, the future of which is now absolutely unknowable.
Cryptocurrencies are just one of the unprecedented phenomena we are likely to see. And by the same token (hee, hee), there is no way of knowing where they will lead, or what's next.
IMO, it is judicious to participate lightly and cautiously in all this, stay diversified, and hedge ones bets.
And all the while, stay focused on what is eternally important in life, which by contrast (as noted in many comments here), is well-known.
Here's a warning parable for coin collectors...
No, that was done for me by my Merrill Lynch broker.....My $250,000 of Enron became $33,000 after the settlement..... Long story, don't go there....still pissed on that one.
bob
Ouch
eBay ID-bruceshort978
Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager.
Three "opportunities" missed, for sure. I bet you can also list many "bullets dodged" that came from friendly advice.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
Bob anyone alive and did not buy those stocks are all in your boat. I bought 2,000 shares GE in the 80’s then got Divorced in the 90’s. Found out in late 90’s the ex stole the stock and forged my name cashing out and keeping the cash. Now I think to myself it was a small price to pay to live in peace with my own life. Anyway money does not buy happiness but peace of mind and safety is priceless.
Kathy
Best place to buy !
Bronze Associate member
"The richest man is the one who knows that he has enough."
Kind regards,
George
I, too, coulda, woulda, shoulda, if only i knew then what i know now, about how things turned out. Oh well!
Liberty: Parent of Science & Industry
I've called lots of future winners.
Didn't do anything about em, but called em!
i as well know jack s**t
I've given up waiting for stocks and sold usually just before a big upswing. My wife says I'm always a year ahead of the trend, but with no patience to see it through.
How come wives always know more than we do?
At least smoe of us were smart enough to marry one of those. Whether we listen or not, well...
Here's a warning parable for coin collectors...
I bought stuff from the Mint in good amounts from 2006 through 2009.
And then I bought the gold Kennedy with 7/8’s blessing and enthusiasm.
" I am not concerned about the return on my money, I am concerned about the return of my money ." Will Rogers
People forget that at one time savings accounts weren't insured and many people lost their entire life savings during the Great Depression.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire