The Motley Fool Discussion Boards
Personal Finances / Credit Cards and Consumer Debt
|Subject: Re: Settlement||Date: 1/7/2013 12:41 AM|
|Author: joelcorley||Number: 306640 of 308045|
You wrote, Because his investments are untouchable. ...
This can have much further reaching consequences. If you can't sell your investments (or your CDs?) ever, how do you ever retire - especially if that investment isn't paying you what you need in income? And how do you deal with your losing bets (LQMT)?
If you're young and just investing today, most companies on the stock market are going to fail before you retire. In my opinion if you tend to buy and hang on forever, you should be in funds (preferably ones that also generate income, because you're eventually going to need that) and shouldn't be making long-term bets on individual companies.
At some point you have to be able to touch your investments ... or what's the point?
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|