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The Round Table
investing in the stock market?
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<blockquote data-quote="Slow Puffs" data-source="post: 90616" data-attributes="member: 11"><p>I think that is the key Carlos. Keep making yearly investments. When we were raising five kids, there was no "extra" money, just the monthly Pension deduction. Once the kids left the "nest", I've tried to put some away. A diverse portfolio seems the better way to go.</p><p></p><p>I remember the technology craze in the late 1990's. I think I bought into a dot.com mutual fund at about $34.00 a unit. Then techno stocks sank and my techno mutual funds went down to $2.50 a unit almost overnight. Fortunately, it was small money that I put in that mutual. </p><p></p><p>I noted that many commentators say that your biggest asset will be your house and property. We always lived in a "church owned" house until I retired and were fortunate to scrape up a downpayment. But now we are saddled with mortgage payments for the rest of our lives.</p></blockquote><p></p>
[QUOTE="Slow Puffs, post: 90616, member: 11"] I think that is the key Carlos. Keep making yearly investments. When we were raising five kids, there was no "extra" money, just the monthly Pension deduction. Once the kids left the "nest", I've tried to put some away. A diverse portfolio seems the better way to go. I remember the technology craze in the late 1990's. I think I bought into a dot.com mutual fund at about $34.00 a unit. Then techno stocks sank and my techno mutual funds went down to $2.50 a unit almost overnight. Fortunately, it was small money that I put in that mutual. I noted that many commentators say that your biggest asset will be your house and property. We always lived in a "church owned" house until I retired and were fortunate to scrape up a downpayment. But now we are saddled with mortgage payments for the rest of our lives. [/QUOTE]
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