[manaboutown]

All that has been going on in the market has caused me to review my stock market investing history. Now I am a real estate guy and the stock market has never been my "thing". I never put much into it, comparatively speaking. Nonetheless on or about January 1, 2022 the stock I held had appreciated to 22 times what it was worth in 2002. This appreciation does not include any BRK which I treat separately. This is after I had occasionally sold a little stock over the years to pull money out for various reasons. I don't recall selling any during the bear markets over the last twenty years and indeed rarely sold or traded stock. I just bought shares of good solid companies that I believed were good longterm investments in ownership, including (luckily) a few shares of Berkshire Hathaway at about $3K each back when it had only one class of shares in the 1980s.

I never bought whole life insurance or an annuity. Just out of college I went to work at the USPTO and learned lore that patent examiners (which I was at the time) bought term insurance and invested the difference in premiums in the stocks of insurance companies selling them term insurance, such as Travelers. Lol.

Anyway, a large commercial property in which I had an interest sold earlier this year and this bear market offers opportunities. I have put a toe into the water and bought a few shares of this and that. Most of it has dropped a little since I bought it but no big whoop. I am taking my time, not jumping in with both feet. The Fed is apt to raise interest rates again in July and August and possibly September and later in the year. Who knows? Blood is in the streets.