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|    Message 2,887 of 4,852    |
|    rbowman to John Ames    |
|    Re: Shareholder primacy    |
|    04 Dec 25 23:18:42    |
      XPost: comp.os.linux.misc       From: bowman@montana.com              On Thu, 4 Dec 2025 11:08:59 -0800, John Ames wrote:              > It's not "if," but "when" - and it's *not* gonna be pretty. Just the       > other day I had to spend several hours trying to convince myself I had       > *any* interest in stocks for long enough to get my 401(k) out of the       > default "invest everything in the absolute biggest players on the       > market" setting and into funds based around companies that actually       > *make* things, which might at least stand a chance of not cratering...              I never did 401K, just the yearly contribution to a standard IRA. Even       that was more for the tax deduction than anything else. I had friends who       told me how I was missing out as they checked their portfolios hourly.       They all went radio silent after dotcom went boom.              When I was married we met with an honest Merrill Lynch salesman. He said       if we wouldn't be comfortable putting the money on a table in Vegas to       stay out of the market. We thanked him and took his advice. She had as       much interest as I in stocks, which is to say zero. Neither of us is       starving these days and don't have any family left so how much better we       might have done is moot.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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