Husband Is Too Scared To Invest

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Comments

1. True Story. I bought my first car and wrecked it after having it less than a month. I was nervous and scared every time I got behind the wheel for a while and did avoid driving whenever I could. I took a safety course and begin driving more and more. After a time the fear completely disappeared. Driving now is as natural as walking to me.
2. Dave is wrong about this from a lifespan perspective. I know many people who invested in conservative mutual funds who lost 40 percent of their retirements in 2007-8 and no amount of rebounding of the market will be enough if they lost it at age 50. That huge loss cancels out most of the compounding that he excitedly tells people to look forward to. As a person who likes more control over my finances, I am sticking to paid off real estate. The rental income may drop but not as much as the stock market income would drop in a downturn and certainly not as much as a drop in value of the property if (and certainly when) the bubble bursts again. In a bad real estate market, I can use sweat equity to upgrade my rentals. In a bad stock market crash, I get to twiddle my thumbs and think about rolling over into another fund that might do a smidgen better.
3. +DaveRamsey how do you feel about PriMerica as an institute for life insurance and investing?
4. Mr Bourne, we live in a free democratic country where I can post as many posts as I want and I can disagree with anybody.If that makes me a troll well then I guess I am an ogre.And by the way the reason to mention my degree was the fact that I studied specifically the history of economic collapses .
5. Here are a couple more "trolls" for you:
   William White, the Swiss-based chairman of the Organization for Economic Cooperation and Development (OECD): World faces wave of epic debt defaults, situation worse than it was in 2007:
   http://www.telegraph.co.uk/finance/financetopics/davos/12108569/World-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran.html
   Geoorge Soros sees crisis in global markets that echoes 2008:
   http://www.bloomberg.com/news/articles/2016-01-07/global-markets-at-the-beginning-of-a-crisis-george-soros-says
6. No thanks Laurie, you are not my type
7. Yeah right. Keep investing. You'll loose more!
8. So not "jumping off the roller coaster"...being able to wait for a rebound or positive reaction from the market would be highly dependent on the amount of debt, housing costs and your emergency fund AT THE TIME!???
9. Some people just don't seem to have the maturity and stability to invest in anything.