Quote:
Originally Posted by SallyB
Thank you for your reply
|
Sometimes the decline of a company is very slow and may even not be noticeable. We were with Michael L Whitaker since about 2010 when his company just started, his company was very good then. We told him that after big losses in 2008, we did not want to be in ANY risky stock or positions. Over the years Whitaker slipped into higher and higher risks (they pay higher commissions) until we arrived here with losses well over $100,000 and growing. Some we cannot get out of because of restrictions. He is still saying we haven't lost any money until we take it out. At 79 what are our chances of the market coming back enough to put us in the green?