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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (30450)3/28/2008 6:37:25 AM
From: Madharry  Read Replies (1) of 78751
 
I think thats an individual decision everyone has to make for themselves. But in trying to put myself in someone elses shoes; if it comes down to a choice between absorbing a $100,000 hit to net worth, that is avoidable, or saddling a child with a $100,000 in student loans, or having that xtra $100,000 to support elderly parents who have exhausted their means. How can you tell me which decision is morally correct? I believe that there are many many middle class people who have bitten off more than they can chew.
People who are affluent are not going to go through the turmoil and hassle of moving their families and belongings for a decline in their net worth that is not palpable.
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