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[2020] A little stock market sense

Luvtoride

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No, thank you! ;) It is too speculative for my appetite. I want to sleep well at night and I also want to continue to enjoy the good life which I already have.

LOL as we both write in the middle of the night, not being able to sleep!

Investing in Cryptocurrency is absolutely not impacting my current lifestyle or my retirement accounts. I believe that learning about this “new” asset class and understanding the way it is and will be used in the future is critical to where the world of finance is going. As you get into it, the prospects are endless and the science is fascinating.


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Luvtoride

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Haha, good for you. I’m at Marriott’s Ocean Pointe in Singer Island, FL, on vacation. This is hopefully what retirement will be more of for both of us!


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MULTIZ321

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WILL ETHEREUM OVERTAKE BITCOIN IN 2021? HERE'S WHAT YOU NEED TO KNOW.


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Richard
 

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Luvtoride

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There's more to cryptocurrency than Bitcoin: 5 other digital coins to consider.





Richard

Good article Richard. There are many others too. All should be learning about these cryptocurrencies and blockchain technology. If not for investment purposes than at least for understanding how commerce is changing and will be quite different in the future.


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MULTIZ321

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No. I NFL Draft Pick Trevor Lawrence Puts His Signing Bonus in Cryptocurrencies, Estimated Worth $24 Million.




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Good article Richard. There are many others too. All should be learning about these cryptocurrencies and blockchain technology. If not for investment purposes than at least for understanding how commerce is changing and will be quite different in the future.


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I'll have to disagree as I don't think Everyone needs to know all about this. I don't think it's a big deal that commerce changes over time. People adjust without having to study for years beforehand. There didn't used to be ecommerce, either, and I don't recall people without home computers needing to hurry up and get one to figure out ebay before it existed. People are all over shopping from home now. Change happens, people adapt, or stay their course (Mom still carries a checkbook and cash, has never carried a debit card and has exactly one credit card for emergencies).

Folks that have an interest can dive right in and read up and invest and so forth. But since I have no horse in that race, nor plan to enter it, I'll keep on my merry way of barely being a consumer with zero concerns to overnight nullification of my cash and credit. It's simply not interesting to me so I'll spend my time on things that do interest me. I am an investor, but not in currency of any kind. not my thing, won't be my thing.

I do still wish for success for those that are trying to stay on top of it all and rolling money in. May you roll more money out!
 

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I'll have to disagree as I don't think Everyone needs to know all about this. I don't think it's a big deal that commerce changes over time. People adjust without having to study for years beforehand. There didn't used to be ecommerce, either, and I don't recall people without home computers needing to hurry up and get one to figure out ebay before it existed. People are all over shopping from home now. Change happens, people adapt, or stay their course (Mom still carries a checkbook and cash, has never carried a debit card and has exactly one credit card for emergencies).

Folks that have an interest can dive right in and read up and invest and so forth. But since I have no horse in that race, nor plan to enter it, I'll keep on my merry way of barely being a consumer with zero concerns to overnight nullification of my cash and credit. It's simply not interesting to me so I'll spend my time on things that do interest me. I am an investor, but not in currency of any kind. not my thing, won't be my thing.

I do still wish for success for those that are trying to stay on top of it all and rolling money in. May you roll more money out!

yes for cryptocurrency
but blockchain technology is increasingly being used in commercial applications

block.jpg
 

MULTIZ321

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Ethereum price prediction: Ethereum reached $3,500, starts to consolidate in preparation for a
retracement?




Richard
 

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I'll stay fully invested and live off pension,social security,dividends, municipal bonds and in another 2 years have to take from my IRA. While doing this I also have money sitting at almost no interest so if/when the market drops I can invest even more. House has been paid off for years. In the meantime we will keep cruising,timesharing and enjoying our vacations. No problem for us even if the market collapsed and I've tried covering all basis for years.
Along with everything else our kids and grandaughter should end up with nice inheritances from us. Hopefully they all will be doing well and this will just make living easier on them and they can enjoy life as we have.
 
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