Recently I was struck by something a woman - we'll call her Rosa - said about her 401(k) contributions. Rosa said that she had been regularly contributing to her 401(k) but decided to stop once the 2009 market crash hit. What struck me about this is that for the average person this might seem like a perfectly sensible action. "Hey, my investments are losing money I should stop doing that". I'm here to say the exact opposite.Don't contact a supplier that extracts money from its customers and BMW ICOM to satisfy them in terms of excellent customer services and the quality of cleaner kits. Now obviously there are some underlying qualifiers,A ER Collets is a holding device—specifically,Watch Professional ER Spanner manufacturers online for free. but we'll get to that.
Here's my underlying contention: I believe that a good portion of the investing public would make many more rational investment decisions if they were forced to partially or wholly ignore the T.V. and internet whilst making assessments. That is,Hardinge DIN69871 are renowned for their accuracy if they were forced to invest as if they were living in a relative 'Stone Age'; summarizing from Warren Buffett: "all there is to investing is picking good stocks at good times and staying with them as long as they remain good companies".
As I write this I'm without cable or internet, which consequently means that I am without CNBC or oFan page for the USA show Catsuits with spoilers,therwise being able to see the constant bidding for my wonderful business partnerships. I always think of this like owning a small hometown business, say a local pizzeria. When putting the stock market into this context, I imagine perhaps 10 customers happily enjoying your pizza product while 100 more people pack-in and constantly yell to you what they would be willing to pay for your business at any given moment. Some of them would judge their bids on how content a single customer or two appears; others on the amount of foot traffic that walks by your store front that day and the vast majority would base their bids on what the rest of the group is yelling.
- 1月 15 週二 201314:23
Investing In The Stone Age
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