Grinders and Gripers Coffee Shop Message Board

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Pastimes : Grinders and Gripers Coffee Shop

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To: Savant who wrote (282)	6/27/1998 10:55:00 AM
From: Apex	Read Replies (1) of 4201

Savant: Good morning...late night (early morning)...is Osprey making coffees for us? I really need one. "Also keeping that much cash around with many quality companies or funds around is wasting money and barely keeping up with inflation...." IMHO I think that folks can be intimidated by the markets and the financial pages. First of all...everyone knows about stocks, but you'd be surprised how many now squat about the workings of the market. You can show the folks how to read the stock symbols, but what is it worth to them if they do not have a purpose for them. Many folks have to be taken by the hand through the stock maze until they learn and see what its all about (not all by at least 5%). So, one wonders how rumors start and how people get burned. "...Some cash is always good, for emergencies or pull backs, but keep that money working. Just my opinion of course." What about for firesales and the days when the markets are sleeping...your stocks down with all the rest, but no cash to pick up more knowing that it is a few day dip. :-( Apex

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