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Crystal ball working now?
Old 07-18-2009, 08:14 PM   #1
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Crystal ball working now?

After the economic rollercoaster of the past couple of years, I began to think that I needed a new crystal ball because I just have no idea of what to expect next.

Frank and I were going through a pile of dusty items at an antique store this afternoon, and I found one.

The snake is an omen, showing the danger of messing with the unknown! The Four Pillars shows us a better way to invest.
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Old 07-18-2009, 08:26 PM   #2
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That 4 pillars sure isn't very dog eared.
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Old 07-18-2009, 08:30 PM   #3
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Oh yes it is! Dogeared and scribbled in, to boot. I usually take the jacket off when I read it.
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Old 07-18-2009, 08:36 PM   #4
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What the ball say about beaver cheese futures?
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Old 07-18-2009, 08:41 PM   #5
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What the ball say about beaver cheese futures?
Cloudy and unclear... I know, your heart is broken! Better stick to S&P500 index funds.
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Old 07-18-2009, 08:58 PM   #6
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That is one SCARY ball!

I like this one.....
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Old 07-18-2009, 09:00 PM   #7
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That is one SCARY ball!

I like this one.....
I like that one, too!
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Old 07-18-2009, 09:05 PM   #8
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I love the crystal ball and I love the underlined part of the book.
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Old 07-18-2009, 09:22 PM   #9
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Me too, Martha, and I probably should have followed it. Last October I bought more equities than he would have recommended, thinking that was the low and trying to rebalance. Then the market went down further in the spring, but I really couldn't take advantage of the March lows.
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Old 07-18-2009, 11:11 PM   #10
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Me too, Martha, and I probably should have followed it. Last October I bought more equities than he would have recommended, thinking that was the low and trying to rebalance. Then the market went down further in the spring, but I really couldn't take advantage of the March lows.
mea culpa!

We decided if the market fell 25% to move a chunk in. We had no plan (or cash) for what to do if it fell 50%

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