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Re: louieblouie post# 148098

Monday, 10/08/2018 12:13:14 PM

Monday, October 08, 2018 12:13:14 PM

Post# of 429243

In 2011/2012 I was testing the waters of the investment world not having a clue what I was doing.



Don't feel bad - you probably knew more than you think you did. Last weekend I was talking to a friend during a round of golf and told him he should take a serious look at buying some AMRN stock - he asked me "how do I do that?" - flabbergasted, I asked him what he owned in his self-employed 401(k) type IRA (SEP?), and he mumbled something about an index fund, but he didn't even know which one it was. Turns out he just gives the money to an investment advisor at the FCU we both belong to and lets that guy do everything - have to admit I was sorta shocked at his absolute lack of knowledge about finances and stocks - I said "tell him to sell some shares of your index fund and buy AMRN stock" but after some more discussion he still didn't understand how things worked. And this guy is 54 yrs old!


. I also suck at math, science, statistics, and a few other things.



Sounds like the perfect resume for a fed employee lifer! :>)

The Thought Police: To censor and protect. Craig Bruce

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