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Old 11-20-2009, 11:06 AM   #8
DoctorBJ
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Default Re: Looking for some financial advice...

Quote:
Originally Posted by forgop View Post
Sounds like my brother-he's going to build a $350k house and pay cash for it and then put the rest of the money in CD's. He only pays attention when the market is down and shows his losses, but he never really considers the gains along the way.

I'm up over 40% on my investments myself.
Having little to invest makes you less willing to take a loss. I don't know if I'd do the huge house and pay cash, a much as make some simple investments and structure things so I was regularly getting payed from my working money, whicle reinvesting to keep it going.

I invest like I gamble. I might not win big, but I don't lose my shirt.
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