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Old 04-20-2014, 07:48 AM   #21 (permalink)
nemo
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Quote:
Originally Posted by Frank Lee View Post
No, I expected to get back the money I INVESTED in the stock market, plus more, but that didn't happen.
The stock market is like poker the the money on the table isn't yours until you cash in your chips. My 401k lost 50% of is value a few years back but I am sill better off than if I had "invested a in car or cars"

The question is are you willing to trade you life for what you are buying. Because for most of us that is what it comes down to. We trade time for money. So when you go out to by something figure out in hour and days of your life your giving up for it. Don't forget the interest that you are charged, the pound of flesh the government extracts and lets not forget the commute time.


Quote:
Originally Posted by Frank Lee View Post
Many investments are investments even though you don't get "more" back.
No, that's a loss.

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Last edited by nemo; 04-20-2014 at 09:22 AM..
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