| User | Comment |
|---|
bill   | | posted 28-Aug-2007 11:18am |
In the past, I've used a stockbroker, and I've also done my own research (I took it fairly far, analyzing numbers from annual reports and such). That was in the late 90s. The market went down around that time and I lost some money. It was then that I realized I was a lot less risk tolerant than I thought. Also, I just didn't like the stress and bother of always worrying about my stocks. I used to check their prices daily. I pulled all of our money out of the market for a while (a year or so). Then, eventually, after reading a good book on investing, I started investing again. But, it's all in a few index funds now, balanced and diversified. This has worked out great for me over the last few years. The returns are good, but also fairly stable. I don't have to do much work to keep track of my investments and I only check on their performance every quarter. |
Galomorro  | | posted 28-Aug-2007 11:23am |
No, not, and no intention of ever. Yuck. |
| Biggles | | posted 28-Aug-2007 12:19pm |
I am not involved now (except in that I have savings that my bank are no doubt investing for their own gain, while they pay me a piddly amount of interest despite it being one of the highest interest savings accounts on the high street...) but I suppose I may be in the future. My grandmother has quite a few investments and has done very well with them over the years. She's planning to sell some shares at the moment, and has offered to pay my first year tuition fees with the money she gets from doing that. My parents want me to accept it, and it will certainly make a huge difference to me (and no real difference to her) but I'd rather not have to take it. |
Enheduanna  | | posted 28-Aug-2007 12:27pm |
Well, I have some money invested through my pension plan, but I have absolutely no hand in managing it beyond telling them what percentage of my (very negligible amount of) money to put in which type of fund. |
| Enheduanna | | (reply to Biggles) posted 28-Aug-2007 12:31pm |
Wow, that's a great offer! My grandmother helped support me through graduate school, too. And now that I'm paying off loans from my undergraduate years, I'm very thankful not to have had to add more on top of them. |
| Biggles |
It is a great offer, and I shall probably end up taking it...but it's an awful lot of money, even for just a year. I feel a little like I should be financially independent now, but accepting money from my grandmother is definitely preferable to having to take out a commercial loan. |
| Enheduanna | | (reply to Biggles) posted 28-Aug-2007 1:45pm |
My feeling on the support I received was that my family worked hard in order to have money to help the rest of the family out. I think it meant something to them to be able to help; I know I would feel great about helping my child or grandchild finance their education. So really, it was a selfless act on my part!  |
cerealkiller  | | posted 28-Aug-2007 4:45pm |
I have no idea what it's all about. I have a 401k plan that I guess gets into stocks but I don't follow it. I do know people who are obsessed about it and check their stocks daily. |
| ausfox | | posted 28-Aug-2007 4:47pm |
Not right now, but my husband is planning on using some of our savings to invest soon. He's researching |
| Biggles |
That's a good way to think about it. I know my grandma would  to be able to tell everyone that she knows that it's only because of her that I can train to be a doctor! |
| Enheduanna | | (reply to Biggles) posted 28-Aug-2007 7:13pm |
There you go! Just think of all the joy you'll be bringing her! |
Melf  | | posted 29-Aug-2007 4:51am |
No. It's gambling for the middle classes  |
| they | | posted 29-Aug-2007 7:53am |
Only with my 401K.... and my company gave us stock options a few years ago to save their asses somehow - I haven't quite figured out what their benefit was, but I know they had to have one. Those stock options are still worth nothing.
I'm hoping my company makes a come-back... and have left a lot it w/them.... I'm in it for the long haul. |
| mrmarm | | posted 29-Aug-2007 8:04am |
No, I'm a teen. |
| cabinfever | | posted 31-Aug-2007 2:48am |
No, but someday I'd like to be. I do have stock in a company I was once employed with, but I can't touch the money until I'm 65 or some ridiculously old age like that. |
| cabinfever | | (reply to Biggles) posted 31-Aug-2007 2:57am |
I have to agree with Enheduanna, Biggles. I know that if my grandparents could afford it they would be tickled pink to be able to do something like that. But alas, I am from a long line of.... uh, lower-class, blue-collar types. |
| docgbrown | | posted 31-Aug-2007 7:38am |
I was but not now or any time soon again. |
Iseult  | | posted 31-Aug-2007 3:18pm |
No, but I like to be, once I have more money and when I have time to learn more about it. |
| Biggles |
>But alas, I am from a long line of.... uh, lower-class, blue-collar types.
That pretty much describes my grandma, and she still has that mindset which is one of the reasons that she's now quite well off. My grandfather died more than 20 years ago, and she has had his company pension to combine with her work pension (she worked her whole life) as well as her state pension. She also sold her house and moved to a smaller bungalow at the right time. She's very frugal, and fairly clever with her investments so over the years since her retirement (also about 20 years) she's done very well.
|
| jettles | | posted 1-Sep-2007 11:32pm |
i am involved and follow the advice of my financial planner, we are doing OK, but you can never be sure! |
| cabinfever | | (reply to Biggles) posted 2-Sep-2007 1:19am |
She sounds like a great example to follow... except maybe the 'very' frugal part. Being careful with your money is great, but being a tightwad or skinflint takes it a little far... if you have money, you should enjoy a little of it. But kudos to her for her success. |
| Biggles |
She'll spend half an hour complaining that the prices of cauliflower have gone up by 2p, and will happily but second-hand bras from a market stall...but then she'll also splash out on an expensive foreign holiday, and she's often set aside a little for each of us while we've been at university. I don't think she wants for anything that she'd really like, but her tastes are fairly simple. |
| Zang |
No, but that could change at some point. It isn't really a matter of saving up money. I may never though. |
| Otter | | posted 21-Oct-2007 8:48am |
My retirement fund is invested |
| cloudhugger |
Sort of I guess. I got a guy who has my money and it seems to be doing very well. But I don't know when I can have it. IRA I think, he invests it. I would like to be more involved. |
| Melf |
IRA? What's that? I'm guessing it doesn't stand for the Irish Republican Army... |
| cloudhugger | | (reply to Melf) posted 5-Dec-2007 8:52pm |
 god I hope not...doesn't sound like a sound investment.
I forgot what it means. I'm sure someone will enlighten us here...
and I mean no disrespect to any member of the Irish RA |
| Melf |
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| JessicaWoman99 | | posted 26-Dec-2007 8:56pm |
If I can invest my body in the stock market than I might |
LindaH  |
You can invest your feet in the sock market. |
| JessicaWoman99 | | (reply to LindaH) posted 27-Dec-2007 1:23am |
> You can invest your feet in the sock market.
If I can ingest my toes in the sock market |
| JessicaWoman99 | | (reply to Melf) posted 27-Dec-2007 1:27am |
> IRA? What's that? I'm guessing it doesn't stand for the Irish Republican
> Army...
Stands for the Irish Red Ants |
| thecomic22 |
I dont do the stock market. |
