changed to : Investing
philo wrote:
On 02/03/2016 07:22 PM, Tony Hwang wrote:
]
snip
Sounds like no personal banker, lawyer, accountant.
You are correct, I have no personal banker, accountant or financial
advisor. (Did hire a lawyer to do my will though)
A few times advisors have called on me and since I have been investing
in the stock market for over 50 years and have been quite successful , I
was the one who ended up giving them advice.
Started when I was 13 years old and my dad of course invested for me.
Mentioned this before somewhere but will repeat:
Choosing a good stock is not that difficult, the hard part is having the
years of experience to know you can ride something out. VIZ: A cast iron
stomach.
No matter what, the stock market has it's ups and downs and one must
learn /not/ to panic and sell when things drop.
I started my daughter in the same tradition and she started calling the
shots at even an earlier age then me. As a result the few thousand
dollars worth of her childhood birthday and Christmas money grew
sufficiently to put herself through college and graduate debt free.
I gave her a little help with car repairs etc but she has been damn
independent.
So you must be by now for sure a multi-millionaire?
|