My Investment Advice

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Old 10-30-2012, 07:13 PM
cronin2 cronin2 is offline
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What has worked for me after some bad investments 20 plus yrs. ago ------ IF I CAN NOT WALK BY IT, SEE IT OR TOUCH IT ONCE A WEEK, I DO NOT WANT IT. In the 2007 -2008 financial meltdown, my net worth dropped between 1-2% ---- I'm happy. cronin2
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Old 10-30-2012, 08:11 PM
shcisamax shcisamax is offline
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Not quite sure what this means.
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Old 10-30-2012, 09:27 PM
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cronin, what types of things do you invest in?

Thanks -
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Old 10-30-2012, 11:13 PM
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Sounds like precious metals or real estate.
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Old 10-31-2012, 06:01 AM
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Or a new mattress with a slit in it.
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Old 10-31-2012, 06:09 AM
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Quote:
Originally Posted by cronin2 View Post
What has worked for me after some bad investments 20 plus yrs. ago ------ IF I CAN NOT WALK BY IT, SEE IT OR TOUCH IT ONCE A WEEK, I DO NOT WANT IT. In the 2007 -2008 financial meltdown, my net worth dropped between 1-2% ---- I'm happy. cronin2
Hmmmmmm! Did you own a house? How about a 401k? any other real estate? Hmmmmmmm.
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Old 10-31-2012, 07:58 AM
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This could be a rock
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Old 10-31-2012, 08:32 AM
shcisamax shcisamax is offline
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His wife?
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Old 10-31-2012, 10:28 AM
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Come on Cronin, we're all getting silly here. Spit it out.
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Old 10-31-2012, 11:13 AM
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Don't be too hard on Cronin, only his 2nd post. After all I have about 10 so now I'm an expert. lol
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Old 10-31-2012, 11:40 AM
shcisamax shcisamax is offline
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He/she needs to give up the goods. There is pent up demand.
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Old 10-31-2012, 12:44 PM
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I'm a liitle confused by your post since you didn't say what you invested in to only lose 1 or 2%.

Are you now getting a 1 or 2% gain going forward?

If so, that doesn' keep up with inflation.
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Old 10-31-2012, 01:20 PM
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Quote:
Originally Posted by cronin2 View Post
What has worked for me after some bad investments 20 plus yrs. ago ------ IF I CAN NOT WALK BY IT, SEE IT OR TOUCH IT ONCE A WEEK, I DO NOT WANT IT. In the 2007 -2008 financial meltdown, my net worth dropped between 1-2% ---- I'm happy. cronin2
Only his 2nd post. Will be hitting you up for something.
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Old 10-31-2012, 03:53 PM
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I think "once a week" is the big clue.

I bet he got a GUMAR, but I would think that would cost more than 1-2%.
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