OldMercsRule
Captain
- Joined
- Nov 30, 2006
- Messages
- 3,340
Just like all things important a person (or a family if there is significant others) should have a plan do deal with prosperity and or adversity.
The future is unknown. Some who tend to believe in cornspiracys may think someone or a group of someones sceme behind the scenes to corntrol the world. UNLIKELY, IM not so HO.
I hope this September brings a rally in stocks bonds n' houses, but it may not. How does one extablish a reasonable investment philosophy? Hard work. The easy stuff never works: Mrs Jones.
#1 Know thyself!!! Look in the mirror.
A. What is yer goal?
B. How do you deal with risk? (do ya panic n' sell at the bottom, or get greedy at the top), MOST DO! Mrs. Jones.
C. How much time do ya have?
#2 Cornsider yer options.
A. If yer engaged in the outside world and know how to invest cornsider a self managed brokerage account.
B. If ya don't have a clue, and don't plan ta work at it hire someone who ya can trust ta help ya.
#3 Have a point of view, (it does not have ta be yer own), but ya must be cornvinced it is likely ta happen.
A. Devise a plan to structure yer affairs, (personal debt, job choice, place ya live, individual investment choices ta comport with all of the more important cornsiderations).
B. Ponder sucess PRIOR TO THE ACTUAL time it happens. Whatcha gonna do Willis????
C. Ponder failure, (hopefully temporary), PRIOR TO THE ACTUAL event, (n' have a life boat nearby).
#4 Execute yer plan, (or it ya never have planned: arrange yer affairs to be cornsistent with yer expectations before anything happens). It is real hard ta plan or do anything after a train runs over ya.
Hope this helps me iboats buds ta think about their well bein' while the sun is shinnin'!!!! Ya don't wanna due this deal after the freight train is too close, (if there even is a freight train: Mrs. Jones).
Respectfully, JR
The future is unknown. Some who tend to believe in cornspiracys may think someone or a group of someones sceme behind the scenes to corntrol the world. UNLIKELY, IM not so HO.
I hope this September brings a rally in stocks bonds n' houses, but it may not. How does one extablish a reasonable investment philosophy? Hard work. The easy stuff never works: Mrs Jones.
#1 Know thyself!!! Look in the mirror.
A. What is yer goal?
B. How do you deal with risk? (do ya panic n' sell at the bottom, or get greedy at the top), MOST DO! Mrs. Jones.
C. How much time do ya have?
#2 Cornsider yer options.
A. If yer engaged in the outside world and know how to invest cornsider a self managed brokerage account.
B. If ya don't have a clue, and don't plan ta work at it hire someone who ya can trust ta help ya.
#3 Have a point of view, (it does not have ta be yer own), but ya must be cornvinced it is likely ta happen.
A. Devise a plan to structure yer affairs, (personal debt, job choice, place ya live, individual investment choices ta comport with all of the more important cornsiderations).
B. Ponder sucess PRIOR TO THE ACTUAL time it happens. Whatcha gonna do Willis????
C. Ponder failure, (hopefully temporary), PRIOR TO THE ACTUAL event, (n' have a life boat nearby).
#4 Execute yer plan, (or it ya never have planned: arrange yer affairs to be cornsistent with yer expectations before anything happens). It is real hard ta plan or do anything after a train runs over ya.
Hope this helps me iboats buds ta think about their well bein' while the sun is shinnin'!!!! Ya don't wanna due this deal after the freight train is too close, (if there even is a freight train: Mrs. Jones).
Respectfully, JR
