The huge emphasis on bottom line now is a literal killer, sometimes. My money managers have a standing order to keep some of my money working at risky stuff with a high potential return. And some of it in bonds. And some of it overseas. And some…
Every once in awhile, I look at the news and want to call those folks for some reassurance. But I just sit on my hands and after awhile it goes away. And I get a nice slap on the back from one or two of them at their annual Xmas openhouse, as they tell me how much they appreciate NOT hearing from me during a crisis.
During the Great Recession, someone asked me if I felt like jumping out my window. I said I already had, but I’m on the first floor, and it’s about two feet from the window ledge to the ground. So, after jumping, I just went back inside and got on with it.
Officially we are in a bull market. The S&P has risen 21% which is the indicator of such. Many are looking askance at that as things are still iffy in the actual economy. It is a strange economy and there are many conflicting opinions on it by economists.
Warren Buffet once said that investing in the stock market was like having a partner who is manic depressive. You never know from one day to the next how Mister Market will feel.
Much easier being poor. I’m used to having limited money so I don’t need to kill myself because the stock market tanked. Poor people are strong people. We have to be.
Personally, I would have waited for the cops to show up and with a megaphone shout “Don’t Jump”, while the onlookers shouted “Jump, Jump”. I like making hard decisions
C about 1 year ago
Did you bring a squeegee?
Ratkin about 1 year ago
He seems a little jumpy
rmremail about 1 year ago
Chuck was over dramtic, but he never actually acted on his impulses.
Which is why he never actually lost any money in the market (never having followed through on the impulse to invest either).
Ed A. about 1 year ago
You can catch him on the way down.
Erse IS better about 1 year ago
The huge emphasis on bottom line now is a literal killer, sometimes. My money managers have a standing order to keep some of my money working at risky stuff with a high potential return. And some of it in bonds. And some of it overseas. And some…
Every once in awhile, I look at the news and want to call those folks for some reassurance. But I just sit on my hands and after awhile it goes away. And I get a nice slap on the back from one or two of them at their annual Xmas openhouse, as they tell me how much they appreciate NOT hearing from me during a crisis.
Alabama Al about 1 year ago
The journey of a thousand miles starts with a single step forward.
Superfrog about 1 year ago
For every market action there’s an unequal and opposite overreaction.
GreasyOldTam about 1 year ago
During the Great Recession, someone asked me if I felt like jumping out my window. I said I already had, but I’m on the first floor, and it’s about two feet from the window ledge to the ground. So, after jumping, I just went back inside and got on with it.
Coopersdad about 1 year ago
Well….I guess the market will never recover for him.
sandpiper about 1 year ago
‘What?!? He’s standing on the ledge? Oh, just give it a few. He dramatizes everything.’
nosirrom about 1 year ago
It’s amazing how easy it is to create panic in the market.
https://www.majorgeeks.com/news/story/ai_generated_image_of_pentagon_explosion_sparks_wall_street_sell_off.html
cindyadamskornmeyer Premium Member about 1 year ago
Too far. Suicide is not funny. Not even a little. Children and vulnerable people read comics.
BuckFuster Premium Member about 1 year ago
Don’t worry. Unlike the employees, he has a million dollar plus golden parachute.
NeedaChuckle Premium Member about 1 year ago
Officially we are in a bull market. The S&P has risen 21% which is the indicator of such. Many are looking askance at that as things are still iffy in the actual economy. It is a strange economy and there are many conflicting opinions on it by economists.
Count Olaf Premium Member about 1 year ago
According to the thems over at the Ministry of Truth the market is booming and things have never been better.
sleepyhead about 1 year ago
Warren Buffet once said that investing in the stock market was like having a partner who is manic depressive. You never know from one day to the next how Mister Market will feel.
SusieB about 1 year ago
Much easier being poor. I’m used to having limited money so I don’t need to kill myself because the stock market tanked. Poor people are strong people. We have to be.
goboboyd about 1 year ago
Your meeting has been moved to just outside the lobby door. Take the express elevator.
david_42 about 1 year ago
The stock market goes up and down and up and down… long-term more up than down.
Prescott_Philosopher about 1 year ago
Yeah, suicide is always so funny.
vaughnrl2003 Premium Member about 1 year ago
“Jump you bastid.” I still remember the Great Recession.
Mediatech about 1 year ago
The first step’s a doozy.
monya_43 about 1 year ago
She knows her boss. He’s too chicken to jump. If he didn’t in 2008, he won’t now.
greenlynn Premium Member about 1 year ago
What? Is this set in 1929?
gammaguy about 1 year ago
Is that his insurance agent?
willie_mctell about 1 year ago
1929 all over again.
mindjob about 1 year ago
Personally, I would have waited for the cops to show up and with a megaphone shout “Don’t Jump”, while the onlookers shouted “Jump, Jump”. I like making hard decisions
T... about 1 year ago
It could be worse, he could commit suicide…
jvscanlan Premium Member about 1 year ago
The stock market is NOT the economy
eddi-TBH about 1 year ago
The leading economic indicators are all pointing and laughing at us.
sufamelico about 1 year ago
@DAD, And no recovery pieces of his remains,
Enter.Name.Here about 1 year ago
“Uh-oh. He’s done. maybe you can still meet him downstairs…”
198.23.5.11 about 1 year ago
Nathan’s Hot Dog stock is up 60% this year