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-   -   My Investment Advice (https://www.talkofthevillages.com/forums/investment-talk-158/my-investment-advice-63136/)

cronin2 10-30-2012 07:13 PM

My Investment Advice
 
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

shcisamax 10-30-2012 08:11 PM

Not quite sure what this means.

Bill-n-Brillo 10-30-2012 09:27 PM

cronin, what types of things do you invest in?

Thanks -
Bill :)

borjo 10-30-2012 11:13 PM

Sounds like precious metals or real estate.

zcaveman 10-31-2012 06:01 AM

Or a new mattress with a slit in it.

Challenger 10-31-2012 06:09 AM

Quote:

Originally Posted by cronin2 (Post 574706)
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.

Cisco Kid 10-31-2012 07:58 AM

This could be a rock

shcisamax 10-31-2012 08:32 AM

His wife?

borjo 10-31-2012 10:28 AM

Come on Cronin, we're all getting silly here. Spit it out.

weeder01 10-31-2012 11:13 AM

Don't be too hard on Cronin, only his 2nd post. After all I have about 10 so now I'm an expert. lol

shcisamax 10-31-2012 11:40 AM

He/she needs to give up the goods. There is pent up demand.

2BNTV 10-31-2012 12:44 PM

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.

paulandjean 10-31-2012 01:20 PM

Quote:

Originally Posted by cronin2 (Post 574706)
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.

Patty55 10-31-2012 03:53 PM

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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