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   alt.comp.os.windows-11      Steaming pile of horseshit Windows 11      4,852 messages   

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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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