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
Sunday, January 6, 2019
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