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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (35568)	11/8/1998 8:40:00 PM
From: MythMan	Read Replies (1) \| Respond to of 132070

>> and I'm sorely tempted to join that maroon, MM. << Big Maroon is watching you Come over to the dark side -g-

To: IceShark who wrote (35568)	11/8/1998 10:20:00 PM
From: Ilaine	Read Replies (2) \| Respond to of 132070

>>>>>But as the saying goes, it's tough to fight City Hall, and I'm sorely tempted to join that maroon, MM.<<<<< Amen, Brother Ice. I sat on the sidelines, watching as stocks shot back up, 30%, 50%, straight up like a rocket, thinking to myself, "Where's the kaboom? There's supposed to be an earth-shattering kaboom." (That's Marvin the Martian from the cartoon with our hero, Bugs Bunny.) Tell you what, I just took a quick pass through Herr Richebacher, he's been preaching gloom and doom since at least 1996, I suspect earlier, and, there's an awful lot of people that are richer today because they didn't listen. I mean, ultimately he may be right, and all, but he's not right yet. With all due respect to the elders of the thread, no offense intended. My dad gave me what I consider to be good advice. I am a trial lawyer, hit a big one which paid off this year after years of hard work, barely scraping by because all energy was devoted to this one big case, it paid off big time in June, and I started trying to invest, bad timing, don't you know. After a while I finally realized that it wasn't my fault my investments were going down, something bigger was going on. I realized I was in over my head and cashed out. On vacation, I was visiting with my dad, who suggested I take a small amount of money, say $20K, something I could afford to lose, and just play with it. See what I could do. Don't bet the grocery money, as they say. I decided to give it a try, and of course with the market going up lately have done well, not too hard in a bull market, but after having my tail kicked I recognize that my success is not due to smarts, it's just luck of the draw. What makes my dad's advice a little poignant is that his new wife, wife #3, was just diagnosed with inoperable brain cancer, maybe a year to live, and they have a 3 year old son. He wanted me to suggest investments for him to make sure my little brother was provided for. I wish I could. But I can't. It seems like fun and games, you know, but it isn't. CobaltBlue