Comments on: Uh, Dave, can I have a word? http://enricohale.com/wordpress/?p=224 Absurd Rantings for the Common Man Mon, 21 Jun 2010 23:41:04 -0600 http://wordpress.org/?v=2.9.2 hourly 1 By: Learned Counselor http://enricohale.com/wordpress/?p=224&cpage=1#comment-553 Learned Counselor Fri, 16 Jan 2009 12:40:37 +0000 http://enricohale.com/wordpress/?p=224#comment-553 I am approaching my 60th, have made a fair amount of dough in my lifetime and always put surplus in the stock market. Thus I have lived through 3 big market hits. Believe me, you never catch up from those hits. My only redeeming move was moving 2/3rds of my mutual funds into CDs and muni's in Jan 2008. Should have been 100%. My advice to my children - emphasize capital preservation as your immutable goal. Good column, E. LC I am approaching my 60th, have made a fair amount of dough in my lifetime and always put surplus in the stock market. Thus I have lived through 3 big market hits. Believe me, you never catch up from those hits.
My only redeeming move was moving 2/3rds of my mutual funds into CDs and muni’s in Jan 2008. Should have been 100%.
My advice to my children – emphasize capital preservation as your immutable goal.

Good column, E.
LC

]]> By: enrico http://enricohale.com/wordpress/?p=224&cpage=1#comment-549 enrico Thu, 15 Jan 2009 14:56:03 +0000 http://enricohale.com/wordpress/?p=224#comment-549 Yer dern tootin'. People focus on a very brief history of the stock market, going back only about 70 years. True cycles in the markets have durations measured in decades. No one every gets to experience more than one or two cycles. Yer dern tootin’. People focus on a very brief history of the stock market, going back only about 70 years. True cycles in the markets have durations measured in decades. No one every gets to experience more than one or two cycles.

]]> By: Dr. Virus http://enricohale.com/wordpress/?p=224&cpage=1#comment-548 Dr. Virus Thu, 15 Jan 2009 07:43:18 +0000 http://enricohale.com/wordpress/?p=224#comment-548 People act like it's a law of physics that the stock market returns, on average, 10% per year. This is not some immutable law...this is a pattern that was observed in a particular historical era, which may or may not have ended. People act like it’s a law of physics that the stock market returns, on average, 10% per year. This is not some immutable law…this is a pattern that was observed in a particular historical era, which may or may not have ended.

]]>