tag:blogger.com,1999:blog-5465015914589377788.post3082324453303071820..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Common Knowledge about StocksMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5465015914589377788.post-17718487116251449232010-01-17T08:19:04.985-05:002010-01-17T08:19:04.985-05:00Andi: Dealing with variable income is definitely ...Andi: Dealing with variable income is definitely a challenge. It's true that some people were forced to sell investments at bad times due to job loss. But more investors sold out of fear than out of need.<br /><br />I actually don't see a problem with investing randomly if you receive money you can invest at random times. The problem comes when you hold back from investing when prices are low and things look scary.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-79964134672217854222010-01-17T01:47:50.865-05:002010-01-17T01:47:50.865-05:00"Theory is great, practice is what kills us&q..."Theory is great, practice is what kills us" is an old saying. You do well, Michael, repeating this but sometimes individual conditions prevent this wise method of investing. What nobody points out when preaching this - it should be common knowledge by now after how much it was written on its subject: invest monthly not randomly - but nobody seems to have studied the social conditions. When one has steady disposable income one can count on, then joining a monthly automatic investment plan, makes sense. Unfortunately this is <b>not</b> the case for most of the people, and especially in the new economy. As an IT specialist, I changed 14 (fourteen) jobs in 10 years, with 2 occupying 4 1/2 years. While I kept on making good money, I never knew in August how my situation will be in October and that hampers doing the wise thing. At least I know it's better investing somewhat badly than not saving/investing at all.Andihttps://www.blogger.com/profile/09975774781231509585noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-14841742752448705522010-01-04T09:57:56.895-05:002010-01-04T09:57:56.895-05:00Big Cajun Man: The tricky bit is to start with a ...Big Cajun Man: The tricky bit is to start with a large sum of money.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-57432779185870936852010-01-04T09:22:37.268-05:002010-01-04T09:22:37.268-05:00How about folks who invested in the Ukranian index...How about folks who invested in the Ukranian index?<br /><br />A good year to have a large sum of money appear and then invest in a lazy index fund, I guess (so I hear).<br /><br />C8jBig Lazy Investorhttp://www.canajunfinances.comnoreply@blogger.com