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The Water Cooler
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Investing some "fun money"
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<blockquote data-quote="aarondhgraham" data-source="post: 4232925" data-attributes="member: 13337"><p>My friend, that was well over 40 years ago,,,</p><p>Closer to 50 years now.</p><p></p><p>I just remember that they were high-tech developments,,,</p><p>They all (three of them) went bust almost overnight.</p><p></p><p>I learned my lesson there,,,</p><p>I'll never know enough to invest wisely in the stock market.</p><p></p><p>One thing I do remember though,,,</p><p>My wife and I got an unexpected windfall of 2,000 dollars.</p><p></p><p>I wanted to invest it in this new company called Microsoft,,,</p><p>But she was from an IBM family with both parents being engineers for IBM.</p><p></p><p>I thought investing in the company who wrote software was the thing to do,,,</p><p>She wanted to invest in the company who made hardware.</p><p></p><p>I told her she only bought her computer once,,,</p><p>But she had already bought three software updates for it,,,</p><p>But she had been an IBM baby all her life and I eventually gave up.</p><p></p><p>When we divorced 15 years later we divided the stock between us,,,</p><p>After 15 years it had barely tripled in value.</p><p></p><p>Later when I was in college I read an article on Microsoft stock,,,</p><p>If we would have invested that 2-grand in MS stock,,,</p><p>It would have been worth well over 1 million.</p><p></p><p>If I would have gotten my half in the divorce and left in there,,,</p><p>After another ten years my portion would have been close to 2 million.</p><p></p><p>I almost cried when I read that.</p><p></p><p>I was raised by hard working people,,,</p><p>We never had two spare coins to rub together,,,</p><p>It simply wasn't in my upbringing to risk the meager amount I could spare.</p><p></p><p>I know it's not a genetic (nature) thing,,,</p><p>But my environment (nurture) didn't support risk taking.</p><p></p><p>Right now my savings in a CD account generate over $3,600 per year for me,,,</p><p>A good friend of mine has been very successful managing his investments in the stock market,,,</p><p>He's offered several times to help me get started in making (he claims) at least $15,000 more per year.</p><p></p><p>I just can't get comfortable with the risk.</p><p></p><p>Aarond</p><p></p><p>.</p></blockquote><p></p>
[QUOTE="aarondhgraham, post: 4232925, member: 13337"] My friend, that was well over 40 years ago,,, Closer to 50 years now. I just remember that they were high-tech developments,,, They all (three of them) went bust almost overnight. I learned my lesson there,,, I'll never know enough to invest wisely in the stock market. One thing I do remember though,,, My wife and I got an unexpected windfall of 2,000 dollars. I wanted to invest it in this new company called Microsoft,,, But she was from an IBM family with both parents being engineers for IBM. I thought investing in the company who wrote software was the thing to do,,, She wanted to invest in the company who made hardware. I told her she only bought her computer once,,, But she had already bought three software updates for it,,, But she had been an IBM baby all her life and I eventually gave up. When we divorced 15 years later we divided the stock between us,,, After 15 years it had barely tripled in value. Later when I was in college I read an article on Microsoft stock,,, If we would have invested that 2-grand in MS stock,,, It would have been worth well over 1 million. If I would have gotten my half in the divorce and left in there,,, After another ten years my portion would have been close to 2 million. I almost cried when I read that. I was raised by hard working people,,, We never had two spare coins to rub together,,, It simply wasn't in my upbringing to risk the meager amount I could spare. I know it's not a genetic (nature) thing,,, But my environment (nurture) didn't support risk taking. Right now my savings in a CD account generate over $3,600 per year for me,,, A good friend of mine has been very successful managing his investments in the stock market,,, He's offered several times to help me get started in making (he claims) at least $15,000 more per year. I just can't get comfortable with the risk. Aarond . [/QUOTE]
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