[sakuragi]

Someone says there are similarities between bridge game and investment ....

[kenberg]

I voted probably yes but I am keeping my position.

Now you have to understand where I am coming from on this. I don't pay much attention to the whole thing. I don't read the WSJ. I don't study financial indices or business trends. I suppose I should, but I should also lose weight. The latter seems more important, and it is a lot clearer how to go about it. I have lost about ten pounds so far. I have no idea if my stocks, not that I have much, have gone up or down.


I am, in some overall sense, pessimistic about the nation's future. It would not take much effort to list problems that we are not addressing. That seems ominous. But what do I know?

[jjbrr]

[barmar]

Even though the stock market occasionally forms bubbles that burst, it still keeps on rising in the long term. My financial advisor once shared a graph that showed what would happen to your money if you only invested right before each stock market crash in the last few decades -- you'd still come out ahead. Since timing the market is practically impossible, I just keep my money invested through every dip, and I've done just fine.

Almost all my investments are in mutual funds. I rely on the fund managers to take advantage of the deals that become available when the market drops.