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ET, all of this is too much to explain on a blog like this. You have to get references for an advisor. I have non unfortunately since I don’t use any.
That said. I have a trusted long time friend who is an advisor. he owns his own firm but he;s in Albany. he is also my accountant but I don’t use him as an advisor and don’t know his investment record.
Oh Dave, I said common everyday English!
What the heck is the S&P500 and EFTs??? (you don’t need to answer, I’ll googlethatformyself)
I told you I’m clueless. I basically just handed this guy $ and said open an acct. and invest it for me. In addition to the IRA I also had Mutual Funds with them. Last year, I closed them cause in 10 years they didn’t earn a dime. They dropped after 9/11 by half and then rose to what I initially put in 🙁 Now that money is under my mattress.
And now I want to be wise with my IRA. I think a lot of people are like me. They’re clueless and don’t want to think about it and aren’t interested in reading/researching cause it’s so boring.
“If they just picked the wrong funds”
Maybe that’s the case. How do I know? How do I find out?
ET, all of this is too much to explain on a blog like this. You have to get references for an advisor. I have non unfortunately since I don’t use any.
That said. I have a trusted long time friend who is an advisor. he owns his own firm but he;s in Albany. he is also my accountant but I don’t use him as an advisor and don’t know his investment record.
Heeeelloooooo!
Anyone know a good financial website for stupid people (me) that don’t understand the financial lingo?
“Now that money is under my mattress.”
Well that makes more sense.
“I basically just handed this guy $”
I thought it was the other way around?
Good luck on all fronts, Benson.
“It’s all for naught, etson, as I’ve already informed the Canadians you’re a terrorist in an effort to keep you in New York.”
That’s cool as long as you keep buying drinks!
Oh Dave, I said common everyday English!
What the heck is the S&P500 and EFTs??? (you don’t need to answer, I’ll googlethatformyself)
I told you I’m clueless. I basically just handed this guy $ and said open an acct. and invest it for me. In addition to the IRA I also had Mutual Funds with them. Last year, I closed them cause in 10 years they didn’t earn a dime. They dropped after 9/11 by half and then rose to what I initially put in 🙁 Now that money is under my mattress.
And now I want to be wise with my IRA. I think a lot of people are like me. They’re clueless and don’t want to think about it and aren’t interested in reading/researching cause it’s so boring.
“If they just picked the wrong funds”
Maybe that’s the case. How do I know? How do I find out?
“”dark chocolate schoolboys”??????????????????????”
THE COOKIES, DAVE!!
“their little school boy cookies with the whole slab of dark chocolate on top”
Posted by: gemini10 at January 14, 2010 3:12 PM
– given the run up in precious metals,
is silver a smart move? since you can
still buy it by the pound?
Why would that matter. You can buy gold by the pound too…you just have to have a hell of a lot more money.
This is akin to saying a stock is cheap because it’s $5 and not $20. Somebody following that rule shouldn’t be investing in the stock market.