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BigFatBEAR (30.06)

I always think the market's about to crash! I'm risk-averse! I think I have PTSD!

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17

November 16, 2011 – Comments (3) | RELATED TICKERS: TAN

Fools,

I keep feeling like the market's about to crash, and it keeps not crashing. I wonder how much the 08-09 crash is going to affect my generation longer-term? I notice myself sometimes slumping back into "depression economics"-type thinking, especially with regards to hording cash and gerenally being a homebody. 

I read this article recently called The Young And The Riskless and decided I wasn't quite THAT risk-averse, but definitely saw some of my investing patterns there. The article calls for young people to consider buying on margin, which I think is just plain stupid. But it did have some good points.

 

Anyone else out there feel like they've been missing out on good opportunities because of being too traumatized to risk?

What do y'all think of TAN as a good speculative long-term high-reward investment? Solar is certainly starting to look cheap...

Also, I miss CAPS blogs having music! So here's some music.

3 Comments – Post Your Own

#1) On November 16, 2011 at 2:55 PM, portefeuille (99.78) wrote:

Yes, you are "risk-averse". A few "risky recommendations" can be found here.

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#2) On November 16, 2011 at 3:15 PM, buffalonate (96.91) wrote:

Just get in corporate bonds and forget about the market.  When crap hits the fan then you will have the cash to buy low.  Unless the ECB legally is allowed to print money I think it is inevitable that Europe crashes. 

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#3) On November 21, 2011 at 6:33 PM, chk999 (99.98) wrote:

Risk averse is good as long as you don't let it paralyze you when bargains are on the wing. Most days, most stocks are priced such that you can't make a strong profit from them. So, kicking back with stuff mostly in cash isn't a bad play. Pick companies that will be here in 50 years, no matter what. And then when people are jumping out of windows, then you buy!

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