Josh_LA
Banned
- Joined
- Dec 4, 2007
- Messages
- 5,686
When I said people like Paul predicted a recession or depression, they say
"That's not news, inflation always happens, and it's not as if you benefited from this warning"
(true, because I have nothing, I have nothing to lose)
When I tell them there are better places than CD & IRA to keep money, they ask
"You don't know how hard it is to make and save money, leave it to professionals"
(true, I have virtually no money, nor a finance degree)
When I tell them my savings are in metals, they say
"That's not cash, how do I know you're earning money if you keep sitting on it"
(and of course, we're at a low, so I can't say I'm winning now, nor will I sell)
I feel like I need to show I can make money better than they do in order to convince them I know what I'm talking about. And it's not that I want any recognition or respect, I really want the best for them and my family. It's not about being right, it's about being prepared for worse cases.
They're like many people (I try not to say "most"), who carefully save up. I think all they need is to learn to put some eggs in a different basket.
I AM surprised though, they recently asked me if I know anything about stocks, I said no, but if we can afford to lose some money, I might consider playing to scottrade. (I don't think they're doing this to see who's right or put me in a spot, but simply to toy when they think it's safeR)
"That's not news, inflation always happens, and it's not as if you benefited from this warning"
(true, because I have nothing, I have nothing to lose)
When I tell them there are better places than CD & IRA to keep money, they ask
"You don't know how hard it is to make and save money, leave it to professionals"
(true, I have virtually no money, nor a finance degree)
When I tell them my savings are in metals, they say
"That's not cash, how do I know you're earning money if you keep sitting on it"
(and of course, we're at a low, so I can't say I'm winning now, nor will I sell)
I feel like I need to show I can make money better than they do in order to convince them I know what I'm talking about. And it's not that I want any recognition or respect, I really want the best for them and my family. It's not about being right, it's about being prepared for worse cases.
They're like many people (I try not to say "most"), who carefully save up. I think all they need is to learn to put some eggs in a different basket.
I AM surprised though, they recently asked me if I know anything about stocks, I said no, but if we can afford to lose some money, I might consider playing to scottrade. (I don't think they're doing this to see who's right or put me in a spot, but simply to toy when they think it's safeR)