RE:Eldrico - it's far easier to be truthful whenBdog,
Agreed. Altho, with all due respect to the young ones...look at how they are fed the info on being "successful". They only see the rich basketball players - and have absolutely no idea of how many hours it took on that corner lot shooting hoops to even get invited to a real court (and even then, how few of them go on to make it!) I could have used hockey..I could have used Goldman Sachs...it doesn't matter...as all we hear about is the less than 1% that make it.
So, while I agree with you - we have to take some of how that info is fed to them into account. Shortly ALL of us Boomers will have exited the system...and you pray that there are some intelligent self-starters that can pick up the slack.
Crypto was a weird thing...I read so much but could never quite understand what made it "tradeable" more fool me, perhaps - all I could think about was the Tulip-craze in Europe. I am very aware of how much this market affected the young investors (I couldn't tell my daughter anything! I shut it down ultimately after an empassioned phone call to her broker!)
We did "hard knocks" - they will likely do the same. Hopefully they don't get to bruised in the process.
el D
bdog123 wrote: you have real skin in the game. I mean really, we have so much to talk about, lol, a little crypto news
might change the perspectus others have on real stuff, like gold, eh? The article shows you what young people want, and us older stock holders who know what we know from experience and past market moves throughout the last 50 years and can't tell them anything. It boils down to this:
They want instant gratificatiion, right now, this instant. That same generation doesn't want to work either. We are entering a new kind of world.
Bdog