Your line “We never achieve that final, fully satisfying triumph that we crave” really resonates. I think it can be a relief to fully realize this, if also a bit deflating. That said, with spring coming soon, I’m hoping to enjoy the clichéd advice to “stop and smell the roses” more this year than ever before.
You ask many good questions about the ever-surprised stock market. I worked for a company in trouble that engineered "expenses cut, layoffs conducted" every spring for years before the fourth quarter earnings were released. It made all the employees cynics.For everyone commenting "in the long term stocks always go up," my questions are: isn't it possible the "always go up" situation could come to an end in the U.S./the world? (Do I hear everyone answering "No!"?) What if one doesn't have "long term" to ride out bad times (ie, retiring now)? When does one jump off the market's merry-go-round for good? And just how stupid would that be? I know everyone's answers are different, due to tolerance, needs, etc, so I will keep reading Humble Dollar and find my own comfort-level answers.
Comments:
Your line “We never achieve that final, fully satisfying triumph that we crave” really resonates. I think it can be a relief to fully realize this, if also a bit deflating. That said, with spring coming soon, I’m hoping to enjoy the clichéd advice to “stop and smell the roses” more this year than ever before.
Post: The Other Enough
Link to comment from March 11, 2023
You ask many good questions about the ever-surprised stock market. I worked for a company in trouble that engineered "expenses cut, layoffs conducted" every spring for years before the fourth quarter earnings were released. It made all the employees cynics. For everyone commenting "in the long term stocks always go up," my questions are: isn't it possible the "always go up" situation could come to an end in the U.S./the world? (Do I hear everyone answering "No!"?) What if one doesn't have "long term" to ride out bad times (ie, retiring now)? When does one jump off the market's merry-go-round for good? And just how stupid would that be? I know everyone's answers are different, due to tolerance, needs, etc, so I will keep reading Humble Dollar and find my own comfort-level answers.
Post: Stock Raving Mad
Link to comment from September 28, 2022