Out. Sell sell sell and they went to securities that gave you little or no return. Then they watched the big gains from the sidelines. I totally understand the aversion people have to stocks. Im not in denial about them. The huge downturn in 20002001 and cut in half, 20072009. Theres debacles like the flash crash or facebook ipo. Insider trading cases and obvious situations where a stock of yours went down and down and clear someone knew something and you didnt. I validate all these feelings right now, right here. But the fact is stocks remain the only game in town. Maybe one day when the economy gets strong enough, Interest Rates go back to more normal levels and we can own stocks as well as certificates of deposit or bonds, whatever might be attractive in what we call the fixed income markets. Money to work for us. Were like the avis ad. We have to work harder to make our money grow. Thats what tonights special show is about, how to make your money work harder in a responsible way. W
Us when everything is going well in the stock market and when things are going badly they seem to grip us totally. When things are too good we take too much risk. And when things are going terribly we despair and leave the stock market entirely. Its a fact of life and over the years, even as stocks have climbed and climbed, there have been swoons, i mean real swoons, go down swoons. Sell sell sell. That drove people out. They went to securities that give you little or no return. Then they watched the big gains from the sidelines. Now i totally understand the aversion to stocks many have these days. We have reasons to be disench t disenchanted. The huge downturns of 2000 and 2001, the blight on stocks when cut in half from 2007 to 2009. Debackcals like the flash crash or facebook ipo. House of pain. Insider trading cases an the obvious situations where stocks went down and down and down more. Its clear someone knew something and you didnt. I validate these feelings right now right here.
Its a fact of life and over the years, even as stocks have climbed and climbed, there have been swoons, i mean real swoons, gogoown swoons. Sell sell sell. That drove people out. They went to securities that give you little or no return. Then they watched the big gains from the sidelines. Now i totally understand the aversion to stocks many have these days. We have reasons to be disenchanted. The huge downturns of 2000 and 2001, the blight on stocks when cut ininalf from 2007 to 200 debacles like the flash crash or facebook ipo. House of pain. Insider trading cases an the obvious situations where stocks went down and down and down more. Its clear someone knew something and you didnt. I validate these feelings right now right here. Stocks remain the only game in town. Maybe one day when the economy gets strong enough, Interest Rates will go back to more normal levels, and we can earn a smattering of stocks and Gift Certificates or bonds in whatever might be attractive. Thats not occurre
The stock market entirely. Its a fact of life and over the years, even as stocks have climbed and climbed, there have been swoons, i mean real swoons, go down swoons. Sell sell sell. That drove people out. They went to securities that give you little or no return. Then they watched the big gains from the sidelines. Now i totally understand the aversion to stocks many have these days. We have reasons to be disenchanted. The huge downturns of 2000 and 2001, the blight on stocks when cut in half from 2007 to 2009. Debacles like the flash crash or facebook ipo. House of pain. Insider trading cases an the obvious situations where stocks went down and down and down more. Its clear someone knew something and you didnt. I validate these feelings right now right here. Stocks remain the only game in town. Maybe one day when the economy gets strong enough, Interest Rates will go back to more normal levels, and we can earn a whatever might be attractive. Thats not occurred yet and until it does we
Climbed and climbed, there have been swoons, i mean real swoons, go down swoons. Sell sell sell. That drove people out. They went to securities that give you little or no return. Then they watched the big gains from the sidelines. Now i totally understand the aversion to stocks many have these days. We have reasons to be disenchanted. The huge downturns of 2000 and 2001, the blight on stocks when cut in half from 2007 to 2009. Debacles like the flash crash or facebook ipo. House of pain. Insider trading cases an the obvious situations where stocks went down and down and down more. Its clear someone knew something and you didnt. I validate these feelings right now right here. Stocks remain the only game in town. Maybe one day when the economy gets strong enough, Interest Rates will go back to more normal levels, and we can earn a smattering of stocks and Gift Certificates or bonds in whatever might be attractive. Thats not occurred yet and until it does we need to have our money work fo