May 30, 20241 yr 1 hour ago, caulfield12 said: Not many mom and pop investors have the cojones to double down in situations like 1998-2002, 2007-2009 and then 2020-2021. The huge institutional investors and billionaires are the ones to clean up. There is a lot of truth to this.
May 31, 20241 yr 6 hours ago, caulfield12 said: Not many mom and pop investors have the cojones to double down in situations like 1998-2002, 2007-2009 and then 2020-2021. The huge institutional investors and billionaires are the ones to clean up. Well hopefully people learn something.
May 31, 20241 yr Learning how not to panic when markets are down 20-40% is definitely an acquired skilled borne of experience. Not easy for young investors to do the opposite of everyone else...especially when paper losses from a psychological standpoint feel so much more demoralizing trying to get to your first $50k $100k $500k saved/invested.
May 31, 20241 yr 5 hours ago, caulfield12 said: Learning how not to panic when markets are down 20-40% is definitely an acquired skilled borne of experience. Not easy for young investors to do the opposite of everyone else...especially when paper losses from a psychological standpoint feel so much more demoralizing trying to get to your first $50k $100k $500k saved/invested. That's quite literally the point.
May 31, 20241 yr 20 hours ago, caulfield12 said: Not many mom and pop investors have the cojones to double down in situations like 1998-2002, 2007-2009 and then 2020-2021. The huge institutional investors and billionaires are the ones to clean up. Many middle class workers with 401(k)s have learned to stay the course and keep plugging away even during times when the market looks like it's in freefall. Not everyone does this and I realize that not everyone can afford to dump money into a 401k, but it's not just big investors and billionaires who do this.
May 31, 20241 yr As far as rooting against the Sox goes, the way I see it is what's the point? They aren't getting any better than the #10 pick, so it's not like I'd be rooting for a higher pick. Root for them to lose so badly that it forces changes in management and forces Jerry to rethink how he's running the team? Ha! This is Jerry Reinsdorf we're talking about, he's not capable at looking to himself to blame and even if he fires people, he'll just replace them with some other Yes Man who is equally incompetent. We'll just get people who are just as unqualified as Getz, Grifol, etc. I just hope this franchise survives the mass erosion to its fan base that is taking place under this clown show and will continue to take place with Jerry in charge. Maybe, just maybe, the Sox can experience a revitalization under new ownership some day. Hopefully there will be enough fans left to care at that point. Edited May 31, 20241 yr by 77 Hitmen
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.