I knew a guy who did the same thing, he wasn’t happy in summer of 2002. He knew how to ride the increase in the stock values but could never pull the trigger to sell when the values dropped.
Sometimes, even if you wisely invest in indexed funds, it just doesn’t make any difference and the market goes down. If you are diversified, the value eventually goes back up.
If you were heavily into investments because you were greedy, you were just screwed.
If she had actually invested in the NASDAQ index, say through QQQ, then it would have taken a drop but recovered and returned nicely. However, it sounds like she invested in individual stocks from the exchange.
cmxx 8 months ago
Not if you know your son at all, Mom, no.
Blood-Poisoning Vermin 8 months ago
I wonder where Be This Guy is. I hope he’s well.
snsurone76 8 months ago
When are they gonna eat that pie??
nosirrom 8 months ago
He had all of the paradigms. Now he wishes he had a pair of dimes.
ACK! Premium Member 8 months ago
So Mike, now you know where your screw-up genes came from.
markkahler52 8 months ago
So she invested in Paradigm.com, did she?! For shame…
NeedaChuckle Premium Member 8 months ago
Hold on for 20 years, it gets better. I remember buying shares in my S&P 500 mutual fund at 900!!
1953Baby 8 months ago
OH, NICE ONE, MOM! Guilt trip extraordinaire. . .
ladykat 8 months ago
Always believe in your children and grandchildren.
reedkomicks Premium Member 8 months ago
Well, he has her eyes, but apparently, not her chin.
library_dean 8 months ago
Invest heavy in the NASDAQ during the dot-com bubble? Been there done that.
RadioDial Premium Member 8 months ago
.. this is Crypto today..
[Unnamed Reader - 14b4ce] 8 months ago
Ma Mike Doonesbury.Another character w ho’s been stuffed in the attic for too long(she never officially died).
She never left the farm, not even when it flooded.And WHERE is Mike’s younger brother, the one with the purple hair?
MEPace 8 months ago
I knew a guy who did the same thing, he wasn’t happy in summer of 2002. He knew how to ride the increase in the stock values but could never pull the trigger to sell when the values dropped.
mistercatworks 8 months ago
Sometimes, even if you wisely invest in indexed funds, it just doesn’t make any difference and the market goes down. If you are diversified, the value eventually goes back up.
If you were heavily into investments because you were greedy, you were just screwed.
David Huie Green ForceIsAUsefulFiction 8 months ago
“Trust me when I tell you not to trust me!!”
Brian Premium Member 8 months ago
If she had actually invested in the NASDAQ index, say through QQQ, then it would have taken a drop but recovered and returned nicely. However, it sounds like she invested in individual stocks from the exchange.
eddi-TBH 8 months ago
The hot new thing for tech always crashes on the small investors.