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Re: mckvee post# 13500

Tuesday, 02/18/2025 10:25:10 AM

Tuesday, February 18, 2025 10:25:10 AM

Post# of 13605
Similar here. My first foray into stocks, penny or otherwise, was the weed market since I'm among the walking wounded from the 60s. Tons o' fun, plus hard not to make money in it at the time. So much so in fact, that I mistakenly thought I knew what I was doing and took about $100K out of my actually lovely steadily growing Index Funds and dove into the the big boy mkts. Of course, I and my picks went right into the toilet. My next smooth move was moving all my investments into CDs etc when I was convinced Trump was going to win in 2016 and the [world?] economy would nosedive. I missed out on the 30% growth of the Funds, altho' I did put $500 on [God bless] President Trump to win at 5 to 1 [smile]. It was a pathetic fiscal compensation for my hubris (stupidity!!), but the joy was world's above anything monetary.

I quit trading years ago but still sit on a few in trust for my kid, waiting for the future to unfold. At 78 I've concluded the only thing in which to invest is gold Maple Leafs. I turned over a couple handfuls to her when I moved in September, average cost I paid was $1400/oz, so I did okay there but otherwise I figure I lost about a hundred grand 'in the mkt'. And I wasn't old enough to blame it on senility, like I admitted to a few months when I purchased a few coins from Provident Metals, a great online vendor, but didn't use my new address and couple days later got a FedEx delivery photo of them sitting on the front porch of my old home in Tucson. Gotta love it!! After riding the inflation train for 20 years I made so much money off the escapees from broken California that bought it, I told them to consider it a tip and keep it, no biggie really, just 20 Silver Eagles.

In West Virginia now, close to my kid in Pittsburgh, where I was born and raised, without crossing the 'woke border' into PA. Don't know where you or any of the folks here live, but it's a little chilly here in 'almost heaven' and I'm already looking for a place on the Redneck Riviera to end my days. Don't know if it'll help any, but from my perspective it's become perfectly clear that money/wealth is ablolutely worthless in the final analysis, honest to god, no shit, really. It's clear to me now that attitude, how one actually feels at any given moment, is the only thing of any importance. Hang tough, youngsters. Cheers!!