Onward
Thinks s/he gets paid by the post
- Joined
- Jul 1, 2009
- Messages
- 1,934
The recent holiday get-togethers have resurrected the same old awkward scenario: a casual acquaintance walks up, wishes me happy holidays, and then says with a slight wink, "So I hear you play the stock market?"
I dread the question because, of course, I don't "play" at all, at least not with my investments, which are almost all indexed, passively managed, and held long-term. But how to explain that in a few seconds to someone who obviously sees the stock market as a giant casino game?
I used to respond with, "Well, I don't play at it." But so far this year I've just smiled and kept quiet.
So, fellow indexers, I know you must get the same question. How do you handle it?
Please give me some ideas before New Year's Eve!
I dread the question because, of course, I don't "play" at all, at least not with my investments, which are almost all indexed, passively managed, and held long-term. But how to explain that in a few seconds to someone who obviously sees the stock market as a giant casino game?
I used to respond with, "Well, I don't play at it." But so far this year I've just smiled and kept quiet.
So, fellow indexers, I know you must get the same question. How do you handle it?
Please give me some ideas before New Year's Eve!
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