There is nothing like coming back from vacation to help you see life through new eyes, particularly if you’ve been lucky enough to spend a chunk of time somewhere that is quite different from the world you inhabit on a daily basis. If you have such good fortune, you will likely be asking questions like these: Why do we move so fast? How come we are always going somewhere? Why do we get so antsy when we lose our almost constant input from numerous electronic sources? Okay, may I should just speak for myself when it comes to the antsy part, but you get the point…
Read the rest of the post, and my review of the movie “Our Brand I Crisis” on my z2 blog at Our brand is crisis?
In 2007 I took over managing all the money my husband and I had saved over our lifetime, even though I knew nothing about investing. Most of the money was in a 401K plan with my employer. I got laid off, was damned sure I didn’t want to keep that company’s stock, and so I had to do something else with it. We’d already had bad experiences with professionals too busy to answer the questions of folks with our meager level of savings, and twice we’d been directed into investments clearly not in our own best interest. There wasn’t going to be a third time. Not when everything we had was on the table.
So I spent the rest of 2007 figuring out how to buy stocks myself and, hopefully, how do it well. The jargon was overwhelming and the websites intimidating and the calls from other people who wanted to handle my money for me were relentless. I think it was the tenacity of those who wanted to get their hands on my savings that pushed me to persevere. I mean, if they were all that eager to do this, it couldn’t be that good for me, right? Then, well…..
I guess you all heard about what happened to the economy in 2008, didn’t you?
Read the rest of the story on my d4 blog at “The Big Short”: a review and a look at modern investing.