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Discussion » Questions » Finance » Do you have a pain in your assets?

Do you have a pain in your assets?

$$$$$$$...

Posted - April 10, 2019

Responses


  • 16197
    I do. Just came back from a week long vacation.

    I owe, I owe, so off to work I go ...
      April 10, 2019 6:09 PM MDT
    2

  • 976
    Yes. Odd things keep popping up and they're pecking at my nest egg. These pains in my assets have set me back more than 7300.00 since August. 


      April 10, 2019 6:42 PM MDT
    3

  • 44173
    How much is that in dog dollars?
      April 11, 2019 8:15 AM MDT
    1

  • 976
    51,100.00. : O
      April 11, 2019 6:17 PM MDT
    0

  • 3523
    I did and it was called Wells Fargo Advisors.  They only try to sell me funds that make money for them.  The smartest thing I've done since investing with them for almost 30 years is take most of my money out and do something else with it.
      April 10, 2019 7:12 PM MDT
    2

  • 469
    No assets, no pains!
      April 10, 2019 7:27 PM MDT
    3

  • 13395
    I got no assets because I always spent too much money on stuff I never really needed. I used to buy ounces of gold but would always cash in for some silly reason or other. Crazy boozing days.
      April 10, 2019 8:56 PM MDT
    2

  • 1893
    Depends on the day and the Mr. Market.  These days I am doing well, though I am scared.

    Instead of the Business Cycle, Mr. Market has morphed into a reflection of the Credit Cycle.  That is Quantitative easing to save the Ultra wealthy has changed the basis of our economy.  Instead 16.68 time earnings, 38.2 time earnings is our current stock valuation - Cass Schiller vs the market

    So we are in a smokescreen of an oversold Market with London & NYC pigs feeding at the trough of cheap money.  When that dries up so will the market. 
      April 10, 2019 9:10 PM MDT
    2

  • 19942
    No, so far I'm doing OK with my investments and I'm still working three days a week.  
      April 11, 2019 9:26 AM MDT
    1

  • 44173
    Don't work your assets off.
      April 11, 2019 12:21 PM MDT
    1

  • 4631
    There are risks to my assets that are painful.
    E.g. Staying on the land costs money for maintenance, fences, weed control etc.
    I want to sell up and downsize.
    Husband wants to stay put till death do us part. He loves the lifestyle ( I do too) and can't bear change.
    And I love him too much to hasten his death.
    Logical result; we are doomed to smash into severe poverty eventually.
    Worry is a pain.
      April 12, 2019 12:31 AM MDT
    0