Sunday, January 6, 2019

Fasten Your Seat Belt

Even as a kid, I hated roller coasters.  The heights and the up/down motion combined to make my stomach churn.

The current state of the stock market also fills me with stomach churning dread.  Then I remember, I'm not IN the stock market.  I got out after several years of dipping my toes into very conservative mutual funds.  I was fortunate.  I earned a few bucks and got out completely before 2008.  Whew. 

When it  comes to financial risk, I'm a complete wimp.  My acorns now rest in an FDIC insured savings account, earning paltry interest, but it's interest paid every month and compounds into a nice annual return.   I thank my bank and  my stomach thanks me. 

If the thrills, chills and spills of the stock market give you a rush, then fasten your seat belt, it's going to be a bumpy ride.  Don't forget your Dramamine.

Penny Pincher