Subj : Re: Money
To   : NANCY BACKUS
From : JOE MACKEY
Date : Mon Oct 28 2019 06:35:20

   Nancy wrote --

>  JM> The stock market is only for people who can afford to lose that
>  JM> amount.

  After I wrote the above, I was reminded of a boss I had once had.
  He had some money in the stock market (not a high roller) and every time
it went up or down a point he was calling his broker.
  In the late '80s the market was like a roller coaster up and down, up and
down.
  He tried calling his broker and after awhile was put on hold, then he
would go to the guys office.  He was acting like it was 1929 all over again.  
  He was taking up so much of the brokers time that finally the broker told
him to go find someone else.  :)

> Our investments are mostly in mutuals,

  I have my money divided between the regular market and muni's/bonds which
are safer.  Smaller return but less risk of losing a lot.
  I don't even remember what my stocks are for.  Have to check with the
bank.  I know they have been going upward steadily since '17.  For several
years before then they were rather flat.

>  JM> I live as if its still 1932 in the depths of the depression and buy only 
what is necessary.
> 
> Not so great for the economy, perhaps, but a lot safer for you... :)

  There are many times I think I would like to go out to eat and talk
myself out of it remembering I have food at home.
  Years ago I figured out if I saw something bright and shiny and just had
to have it, (never mind I didn't even know it even existed until then), that
if I were able to live three days without it (unless a necessity like food,
shelter, etc) I probably didn't

> Yup, very important.... and not every one would understand that... ;)

  This last Saturday I forced myself to not hurt a lot of people's
feelings.  :)
  I wasn't stuffing myself out of greed, but not to offend.  (That's my
story and I'm sticking to it!)

> security isn't the cush job anyway, really, unless one has stuck it out for a 
long while
 
   I figure I have put in my time and paid my dues.  :)
   And what I do now I almost feel ashamed to take the money.  Almost.
   But like I tell others I'm only only thinking of the boss and not
wanting to upset his bookkeeping.  :)

> As I said, time to start saving for the next trip... and planning for
> all the further places to check out next trip.... :)
 
  I would like my next trip to be the same length, (30+ days) but going to
fewer places and staying longer.  
  Joe
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