"So You Just 'Raided' Your First Company" - A Letter To Non-Professional Traders
(www.zerohedge.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (81)
sorted by:
You should know better, seriously, I appreciate your hard work. I'm also a hard worker but I would never put all my eggs in one basket. That's a hard and fast rule when planning retirement. I look at the stock market as gambling. You are not guaranteed a single cent. I have some small funds in my 401k, physical silver, a little bit of gold, some real estate owned free and clear and some cash on hand. I still have some time before I retire. I would never trust scum wall street with all my money. You might as well play the slots.
As I said, I'm not in individual stocks but various US and international stock and bond index funds.... It's a diversified portfolio, with super low fees, and has performed well, to the tune of nearly doubling it's value in the 7 years since I retired....