2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 455.37

+3.1%

Feb 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maurice Winn who wrote (12480)	12/14/2006 6:25:59 PM
From: Ilaine	Read Replies (1) of 220075

Self-investing is much better than managed funds [for me and no doubt for many people who take the trouble and are able to learn to do it right]. My father's brother (and thus, my uncle), who has been investing for many years, persuaded my dad to go with a managed fund because he knows my dad all too well. He's wonderful with his hands and thinking in three dimensions (wonderful mechanic and dentist) but no good with abstractions, especially abstract details (and he never took care of his tools!). I think he wants to chase stocks that are going up because he loves to hunt (especially ducks) and fish. I don't know for a fact -- having never felt it was "my place" to look at his managed portfolio but I fear it's all in stocks. This would be ok for the money my stepbrother inherited when his mother died, but not for my dad, who is 74 and just had a quadruple bypass, also a new wife "fresh off the boat" from China, did not speak English until my dad started paying for her lessons but is learning. I wish I could get him to listen to me but he just gets distracted. These days we'd say he has Attention Deficit Disorder, but I think he's just genetically hardwired to be a Hunter and not a Gatherer, and decidedly not a Farmer. He scans the horizon for movement, can't focus on the details at ground level. He starts staring off into space, then starts jingling his keys, then jumps up and is off doing something he just thought of.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next