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To: kaehurowing
Yeah we had a lot of our kids’ college money in the most solid stock there was: General Motors.

yeah -- probably seemed like a good idea at the time. Lesson learned -- never put all your investments in one stock or fund. If one dollar costs averages into an assortment of funds over 20 years they should do fine.

73 posted on 04/18/2015 6:03:10 PM PDT by plain talk
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To: plain talk

We lost about $40,000 in that, and in total our investments declined about 60%. Our stock broker talks about how great it is that our investments have recovered to where they were. Of course, that doesn’t correct for the fact that we lost 8 years on our retirement investing and now we can’t retire.


75 posted on 04/18/2015 11:53:05 PM PDT by kaehurowing
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