Posted by Texasmark1 on January 02, 2015 at 06:28:25 from (99.197.214.247):
In Reply to: Re: Investments 2014 posted by Texasmark1 on January 01, 2015 at 14:09:27:
Oh and the rest of the story about your portfolio being reduced to 50% and attempting to restore it is this. Assuming you are diversified in the market and the market makes 10% for the year. Great. You just made 5% for the year which compounded over the years adds up to a big loss to add to your already big loss.
Naw. I don't want nor need a so called financial analyst. I do the best job of taking care of MY money. I have the most vested interest in it and keeping it in MY pocket.
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Today's Featured Article - Restoration Story: 1929 McCormick-Deering 10-20 - by Randal Simmon. On July 4th 1998 my dad and I was sitting on the front porch when he said that he was going to sell his two 10-20's to a junk man. He said that the junk man was going to give him $500 for both of them but he hadn't received the money for them yet. So I went into the house and wrote him a check for $500 and bought them myself and said now they are mine. He had bought them about five years before thinking that he was going to restore them himself. After five years sitting in the barn, he changed h
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