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Honored Contributor
Posts: 11,065
Registered: ‎10-01-2013

Re: Stocks Hit Record High

[ Edited ]

And I suppose that credit card debt being at an all time high is fine with  those who seem to think they are so wise. It is amazing how people spew whatever they want to believe without looking into the real situation and what is truly going on. 

Trusted Contributor
Posts: 1,158
Registered: ‎03-29-2015

@RetRN wrote:

And I suppose that credit card debt being at an all time high is fine with  those who seem to think they are so wise. It is amazing how people spew whatever they want to bellieve without looking into the real situation and what is truly going on. 


What is truly going on, pray tell. 


“All you have to do, I tell myself, is keep your mouth shut and look stupid. It shouldn't be that hard.”
― Margaret Atwood, The Handmaid’s Tale
Honored Contributor
Posts: 11,065
Registered: ‎10-01-2013

Re: Stocks Hit Record High

[ Edited ]

I guess you will have to work on figuring that out.

If you have no problem with credit card debt being at an all time high I guess your knowledge of finances and economics leaves something to be desired.

Respected Contributor
Posts: 2,625
Registered: ‎05-09-2023

@JillyMarie wrote:

@RetRN wrote:

And I suppose that credit card debt being at an all time high is fine with  those who seem to think they are so wise. It is amazing how people spew whatever they want to bellieve without looking into the real situation and what is truly going on. 


What is truly going on, pray tell. 


As you can see, you will never get the answer. You need the super secret decoder ring from the Lucky Charms box for that info.

Esteemed Contributor
Posts: 5,311
Registered: ‎03-10-2010

@JillyMarie wrote:

@RetRN wrote:

And I suppose that credit card debt being at an all time high is fine with  those who seem to think they are so wise. It is amazing how people spew whatever they want to bellieve without looking into the real situation and what is truly going on. 


What is truly going on, pray tell. 

 


@JillyMarie  LOL You will never find out unless you know the secret handshake and have a special decoder ring.

 

 

"My desire to be well informed is currently at odds with my desire to remain sane."
Trusted Contributor
Posts: 1,158
Registered: ‎03-29-2015

@RetRN wrote:

I guess you will have to work on figuring that out.

If you have no problem with credit card debt being at an all time high I guess your knowledge of finances and economics leaves something to be desired.


No need to be insulting. 


“All you have to do, I tell myself, is keep your mouth shut and look stupid. It shouldn't be that hard.”
― Margaret Atwood, The Handmaid’s Tale
Honored Contributor
Posts: 10,338
Registered: ‎03-09-2010

@Teddixat wrote:

@CelticCrafter   You only lose money if you sell.  Any money in the stock markets will go up and down.   your portfolio more than likely will recoup any losses over time.


Yeah, well when you reach a certain age time is shorter than ever before...

Been waiting over 2 years now...

Respected Contributor
Posts: 3,349
Registered: ‎07-10-2019

I took a huge hit from the big stock market crash of 2008 with the bundling of mortgages from the banks.

 

I thought I was diversified as I chose banks throughout the world.

Wrong.  It happened overnight with one bank loss being Lehman and the house of cards went tumbling down within hour's.

 

If you have the time, the market is best but diversify them in all different sectors.  As for me I'm now into CD's and out of the "grand casino".

 

I remember my broker telling me it's a mindset.  If you are comfortable with risk the stock market is for you and you can sleep at night regardless.  If you prefer peace and safety, CD's , US bonds are the way to go.

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Posts: 1,712
Registered: ‎04-16-2022

@JillyMarie wrote:

@RetRN wrote:

I guess you will have to work on figuring that out.

If you have no problem with credit card debt being at an all time high I guess your knowledge of finances and economics leaves something to be desired.


No need to be insulting. 


Insults are what you hurl, when you have nothing else.

“If you tell the truth, you don’t have to remember anything.” -Mark Twain
Respected Contributor
Posts: 3,484
Registered: ‎03-13-2010

Re: Stocks Hit Record High

[ Edited ]

@Mersha wrote:

@JillyMarie wrote:

@RetRN wrote:

And I suppose that credit card debt being at an all time high is fine with  those who seem to think they are so wise. It is amazing how people spew whatever they want to bellieve without looking into the real situation and what is truly going on. 


What is truly going on, pray tell. 

 


@JillyMarie  LOL You will never find out unless you know the secret handshake and have a special decoder ring.

 

 


A variety of issues can cause credit card debt. Some causes may be the result of expensive life styles, lack of self control in purchasing items,  while others may stem from poor money management or failure to meet payments on time or not paying debt off completely each month.

Cinderella is proof that a new pair of shoes can change your life!