Personal blog of christian
writer & fallible mom
Katy McKenna Raymond
in Kansas City, Missouri
Katy is represented by
Greg Johnson at
WordServe Literary
Read more Katy at
LateBoomer.net
Recent Posts
- Try
- Becoming Brenda Starr
- Off Beat
- Scattered
- That’s It
- So I’ve Finally Signed With An Agent. Now What?
- The Spoon
- Sciatica
- Sweetheart
- A Woman’s Train of Thought Has No Caboose
- However much we own, we are all still living on borrowed time
- After all, when restaurants shrink portions, they don’t shrink prices.
- As with everything in life, balance is key.
- Slow down, you move too fast…
- Yeah, I know. I have issues.
Syndicate
E me at katy @ ngenius.com
Switching Up The Rhetoric
I’m sure you’ve all heard the age-old wisdom just like we have.
Don’t invest money in the stock market unless you have a five to ten year outlook for that money. In other words, if you’re saving money to purchase a car, and you know you’ll need the money in three years, don’t risk your principal by putting it in the stock market.
Five to ten years starts to sound awfully near when you’re 56 years old, as is my husband, and hope to retire…someday.
But guess what I heard yesterday in a financial news segment on NBC?
Don’t invest in the stock market unless you have a TWENTY to THIRTY year outlook for that money!!!!
So I guess we should cut our losses and secure our Sleep Number mattress?
- Katy, When we first in vested in mutual funds, it was for the long haul - 25 years. I don't have that kind of vision.It seems that everything is vulnerable right now, so your mattress sounds like the best place for your money, or a piggy bank. I would like to hide it all away and make sure it is safe. Then I have to remember that is why Jesus said what he did when talking about the lillies...It doesn't sound like it will pay the bills, but isn't that what He means us to know? He'' take care of us - and we won't know what that will look like till we are in the middle of it. Very scary this faith thing.
Posted by Sandi Thompson on 09/19/08 at 02:25 PM
- And the moment i dont invest any money too muc risk.
Posted by Marc on 10/24/08 at 02:47 AM
- I hope it will come better time, but at the moment the risk is very high.
Posted by Geldanlage on 03/07/09 at 05:17 PM
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