Message Font: Serif | Sans-Serif
No. of Recommendations: 1
Spinbo you used one of those words lawyers love in your question. The word "possible" includes lots of things including a table or any other object spontaneously rising into space. (If all the electrons vibrate in the same upward direction at the same time, the table is out of here!)

Regarding stocks you are correct people do become cautious when they can loose money. You might have to watch 50 stocks instead of 2 when you have say 10 million. Others have mentioned taxes. But there is another serious issue. Stock markets do go down. Look at what happened to the high flying stocks that doubled or more in 1968 or 1969 during the period of 1971 to 1973. If you were lucky you had your money in a savings account paying a few percent. In the stock market most stocks lost more the 20% two or three years in a row.

Heck if that happened you could quickly convert a million into a lousy $512,000. While the million would conver to almost $10 million if the same investments you have did as well for 3 years.

I think you would be wise to consider a couple of facts about stocks. When ever you buy, some body who controls hundreds of millions (insurance money, mutual funds, etc.) has just sold at lower price because they wanted out. When you sell, an expert is willing to buy at a higher price. So are you making money because you:

1) have of secret information or
2) a great deal smarter then the money managers or
3) perhaps you are just lucky for the past few months?
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.