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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: axial who wrote (20201)5/5/2009 5:36:18 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 71405
 
and the moral of the story is:

never ask a broker anything, ever!



To: axial who wrote (20201)5/5/2009 5:48:43 PM
From: benwood  Respond to of 71405
 
Good answer, and cute story.

It not only illustrates to some degree common sense, but the all important behavior, accountability. Wherever one is, like it or not, understand it or not, cheated or not, lucky or not, one did exactly all that was necessary to end up in that exact spot.

And if one likes that sort of result, do more of the same. If not (e.g. investment advice on SI always loses money, belief in the "system" press frequently adverse for one's financial health, etc.), then accept that something is awry and do something about it.

Many people have made big adjustments since last summer: savings rate is +4% now, instead of around zero; spending is down; driving is down; home buying binge is over.

But much is the same, too. Idiotic shows like Cramer's will be long gone when a durable, multi-decade long bull enters the first inning.



To: axial who wrote (20201)5/6/2009 9:01:27 AM
From: Amelia Carhartt  Respond to of 71405
 
Truth is always priceless and pointing fingers useless. Great story.