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<blockquote data-quote="hurleyjd" data-source="post: 1621481" data-attributes="member: 4674"><p>What a difference a day or two makes. About the time we all think we have it made the rug is pulled out from under us. Was the market in great shape or did the covid 19 outbreak dunk it or did the trade war with china have anything to do with it did the great tax break have any thing to do with it. Can we outlast Russia with the oil war. Any one have any answers. I cannot buy any more stock just hold on to what I now own. How will the dividends hold up. Mutual funds took the greatest beating. I had put my surplus cash in them about a month ago. Should have kept it in cash. I remember when Lake Fork first come in. My Dad had a pretty good nest egg from it. One of the new folks that had moved in saw Me and my Dad having lunch and introduced us to his stock broker. A conversation ensued and the broker told my Dad that the money he had socked away would deteriorate in value and not buy as much as it would in the future and the stock market was the way to go. My Dad said to the broker if I am not going to spend it and I have everything I want then why worry about. Then he asked the broker how much money he had invested in stock and there was no answer. I should have listened and learned from my Dad. Another one of his lessons was that you cannot barrow your self out of debt. I did listen and applied that to my life. If this is stirring the pot like Bright Raven then so be it.</p></blockquote><p></p>
[QUOTE="hurleyjd, post: 1621481, member: 4674"] What a difference a day or two makes. About the time we all think we have it made the rug is pulled out from under us. Was the market in great shape or did the covid 19 outbreak dunk it or did the trade war with china have anything to do with it did the great tax break have any thing to do with it. Can we outlast Russia with the oil war. Any one have any answers. I cannot buy any more stock just hold on to what I now own. How will the dividends hold up. Mutual funds took the greatest beating. I had put my surplus cash in them about a month ago. Should have kept it in cash. I remember when Lake Fork first come in. My Dad had a pretty good nest egg from it. One of the new folks that had moved in saw Me and my Dad having lunch and introduced us to his stock broker. A conversation ensued and the broker told my Dad that the money he had socked away would deteriorate in value and not buy as much as it would in the future and the stock market was the way to go. My Dad said to the broker if I am not going to spend it and I have everything I want then why worry about. Then he asked the broker how much money he had invested in stock and there was no answer. I should have listened and learned from my Dad. Another one of his lessons was that you cannot barrow your self out of debt. I did listen and applied that to my life. If this is stirring the pot like Bright Raven then so be it. [/QUOTE]
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