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Pastimes : The Perils and Pitfalls of Investing With "Friends" -- Ignore unavailable to you. Want to Upgrade?


To: Intrepid1 who wrote (59)10/26/2004 5:57:52 PM
From: Junkyardawg  Respond to of 377
 
I've always found TLC to be straight up and honest and I have the highest regard for him.

Without knowing the details it looks to me like people invested in TLC's ventures and money was lost. Investing is risky and with the benefit of hindsight we can all see that the market was crazy especially over anything internet related.

I'm sorry that people lost money, hey I lost everything when the bubble burst but life goes on.

I hope those of you that lost money were in a position to lose what you lost without it effecting your lifestyle. And I also hope that you are able to recover fully.

Personally, I have not recovered financially from the crash but I am wiser and looking back it was a great ride. Just the other night I found myself reading an old thread I used to have and I traded thousands and thousands of dollars a day in the market...wow that seems like a lifetime ago. Now my wife and I look under rocks to pay the power bill but life is good. I wouldn't change anything....well, maybe I would have put some of that money in a savings account....lol

Best of luck everyone....if TLC's reading I hope he is doing well.

dawgy



To: Intrepid1 who wrote (59)10/26/2004 11:29:18 PM
From: Bill Ulrich  Read Replies (1) | Respond to of 377
 
I *did* read your posts to Michal, the ones where you assured Michal that he actually did get back his money. Which, he didn't. Obviously, TLC misled you on that.

You haven't been any of our shoes on this, the basis of my "necessary experience" comment. Instead of capping on me, maybe you could lurk for awhile and figure out what's been going on here.