Quote Originally Posted by MumblesBadly View Post
Quote Originally Posted by Sanlmar View Post

Still got that subscription to Money magazine?

Last 20 years diversified portfolio returned 8% (1994). 100k --> 530k
Last 20 years inflation cumulative 60%. 100k ---> spends like $160k

Deferred taxes blah blah blah Pooh would be paying more heed to Druff's coupon clipping threads.

Pooh should avoid all risk and quit his business and work some salary job for some fat conglomerate, right?

Winners embrace risk.

Help me
Punk rock band 80's Song lyrics included: "average, average, you're only average!"
Who was the band.... killing me
Where did I say that? Pooh has a competitive advantage in running his business. He doesn't have one investing in the stock market. He should embrace risk where he has a competitive advantage, such as expanding his business. What competitive advantage does he have predicting the price of oil???
Time. We've been here before just like we'll be at $100 again.