A Foolish Interview with bobbank1
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|The Fool:||What, in your opinion, are some of life's big mysteries?|
|bobbank1:||Does time keep going faster and faster because each minute that goes by is a smaller percentage of the total time you're alive?|
|The Fool:||Tell us about Your Dumbest Investment... and the lesson you learned from it.|
My dumbest investment is probably one of neglect. I kept an IRA in a bank money market account for about 10 years just because I didn't know what to do with it. I could kick myself. I'll wait a minute so that those of you who just fainted could recover.
What? This isn't live. Oh. Well then I'll go on. No sense wasting any more time. Those of you who fainted will just have to catch up.
|The Fool:||Did you ever do something as a child that you look back on now and say, 'Wow, I'm lucky even to be alive after that!'|
|bobbank1:||When I was about 10 years old, I was swimming in my aunt's pool alone. I decided to toss coins in and dive after them. One of them went down the drain. I stuck my finger into the drain (8 feet underwater) to see if I could take the cover off. Not only wouldn't the cover come off, I couldn't get my finger out! After a few seconds of frantic pulling, I stopped and tried to relax (not by taking a deep breath!!). Then I gently eased my finger out and went up for a breath of air. God was looking out for me on that day!!!!!|
|The Fool:||What's been your best investment to date and how did you discover it?|
I'm pretty new at investing. I hope that my best investment to date is my RP that I started in December (CAT,IP,MMM,JPM). I'm currently down about 5%, but I'm hopeful. I decided not to look at it again until June to see how its doing. I'm determined to stay the course. But I'm so weak.... I check it once an hour. Maybe I should wean myself off of looking at my RP4 portfolio. Maybe I'll try every 2 hours tommorrow. By December, I should be down to one look every 6 months. That's my goal.....BUT I'M SOOOOOO WEAK!!!!!!!
A late correction....I'm only down 1.5% Yippee!!!!
(Lets hope that in December I'll be really happy!
If not, then maybe next December.......Fool on!)
|The Fool:||Do you have a favorite company or stock which the worldwide Foolish community should know about -- and why?|
|bobbank1:||I'm reading "The Motley Fool Investment Guide" and I hope to be able to pick a favorite company sometime soon.|
|The Fool:||List some of your favorite websites, with running commentary where appropriate. (Please provide the URLs, too.)|
|bobbank1:||www.urbanlegends.com - Answers questions like "Is Bill Gates really doing an eMail experiment?" "Are gang members really going to kill people who flash their lights?" etc...|
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