The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Retire Early CampFIRE

URL:  https://boards.fool.com/quotwasnt-my-selection-and-purchase-a-lot-less-17669969.aspx

Subject:  Re: OT: KISS Date:  8/11/2002  9:20 AM
Author:  joelxwil Number:  73464 of 881714

"wasn't my selection and purchase a lot less risky because I have practically no money in the deal?"

Well, that all depends. On the one hand, you had only a little money in the deal. On the other hand, you could have lost it all.

In the stock market, it is very unusual, at least for those who pay attention, to lose everything. In this deal, you could have lost everything you put into it, and most likely damaged your credit if there had been a foreclosure.

Again, you did your homework, and made a good choice.
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us