Team VMC - A Cautionary Tale
Last week, along with 70 other people, I got laid off from a large defense & intel contractor... I immediately raised some cash from my holdings at somewhat disadvantageous prices and part of the business cycle for some holdings.....fortunately I found another job with equal pay and a better commute only a week later....
For those who are financially independent congratulations and for those like me trying to achieve financial independence, I hope you achieve it as it is scary when the carpet gets pulled out after 20yrs or so of hard work and focus on the job rather than the politics....etc....
I came to this board from the ERS and TGLEF (TGA) RB boards 5 or 6 years ago and have done well with the input of all of you...
I am just suggesting that you maintain some liquidity, take some profits and be careful of being too aggressive on shaky high flyers as you may someday need that cash....
My thanks to HWEB, BobWins, CL, Len, Roque, Nuts, Rainman, MikeS, KIK, SKILLZ, 10bagger and many others for your due diligence...keep posting many lurkers don't post much due to work etc....but your insight has provided a real financial benefit to those who take advantage of your work.....glta.
Art
****My uninformed opinion only...do your own due diligence****