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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: Grainne who wrote (66299)12/12/1999 8:20:00 PM
From: MSB  Read Replies (1) | Respond to of 108807
 
I hope you won't be offended if I don't read the article. I'm not much into looking at such things....afraid I might learn something and have to change my point of view. I rather like my narrow view of the world, its safe. <g> (meant as some good natured kidding).

Actually, it is true that 99% of the articles or links to articles I'll not read. The 'ol computer is so slow it takes forever for pages to fill (if they fill at all). I prefer to concentrate on those things which could help me to better my stock picking skills. I know it may sound odd, but really, I don't like learning. School was so easy for me that somewhere along the way the learning process just didn't take hold. When I came up against something which presented itself as so challenging that I just couldn't grasp it, I gave up and moved onto something else which I could understand. Perhaps it is a fear of failure or something.

I know you're right about the CD's and the age of my M-i-l. I've heard it said that the older one becomes, the less risk they should take on. But Jane (M-i-l) is also one of those who has just enough knowledge amounting to about a teaspoon when it comes to markets and what not, that the fear of losing the money is so overwhelming that any risk at all is too much.

I suggested she look into a bond fund or other type of income fund. CD's just aren't going to cut it. What she won't realize (until to late I fear) is her ultraconservative investment prowess will be her own undoing when there comes a time where she will need much more money than she has or ever would have with CD income.

Yeah, I know. One seems to go two steps forward and one step back. Kind of makes one wonder if they're ever going to get ahead enough to feel comfortable.