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Been paying attention to the stock market again.....

What kind of a scam was he pushing?
Sorry DJ , missed your question.

Never get your money back annuity, ponzi scheme. My first lesson in investing, I was 25, was a valuable lesson in life, that I never, ever forgot, ........... and neither did he. By the time I caught on, many were already in a death spiral. I was lucky to know the right person at the right time. Some lost it ALL.
 
Currently 36,998 and climbing while the Fed Reserve Chair speaks. Highest prior in history was 36,799.

10 minutes later....
Now 37,065
Getting fat today!!
 
Glad you got your money back. Did you threaten to break his legs or beat him with a phone book? I knew a guy, friend of an in-law, owning a bunch of shoe stores. Did very well, millionaire a few times over. Since he also sold special footwear (medical scripted/fitted something like this) he scammed Medicare out of a ton of money spending 15 months in prison. Thing is – he’s still a millionaire.
I had a friend, through a friend, that when he talked, you had to listen.
 
I’m here reading and thinking about all of this information you guys are putting out here. Seems like we have the same problem,Old and not enough money.
Well, because of a divorce many years after I retired, there's not a whole lot of money that I'm willing to risk investing......she got the money and I got everything else and I can tell ya, it was the best investment money could buy!! :D
 
I had a friend, through a friend, that when he talked, you had to listen.
Lol! Good thing the guy was still in the mood to ‘listen’ instead of an immediate whack-a-moly.
 
Lol! Good thing the guy was still in the mood to ‘listen’ instead of an immediate whack-a-moly.
Oh, make no mistake, he didn't want to listen. I was lucky to get all my money back. Didn't make any either.
 
Oh, make no mistake, he didn't want to listen. I was lucky to get all my money back. Didn't make any either.
Should have asked you to make a connection to your friend’s – friend after my cousin scammed my uncle out of 10-grand in today’s cash and disappeared forever – 20+ years now w/o a trace and my uncle has since passed. Found out from his ex-wife, his second ex, he likely used it to pay off gambling debts. If I had to guess, he was in deeper and was whacked, now in some – deep water..
 
DOW closed at 37,111 and TSX at 20,629
Getting nervous about the market, up again today, these sorts of dream-trends have a shelf-life. I know - no kidding Sherlock.
 
Fed Reserve Chairman yesterday declaring rates locked for 2023 and dropping a 1/4 early 2024 started the Rallye yesterday, still going today and should at least make it into January... all I care at this point.

Close today...
DOW 37,265
TSX 20,779
 
Others may have different opinions, but going to work for friends, hiring relatives, either hasn’t worked well for me and some I’ve talked to about it. Off the subject, my fault here, but your post reminded me of this. One of the WORST moves I made (I’ve posted about it a few times) was going to work with a guy that I was friends with, later he became president of the company becoming an evil SOB (or I just didn’t recognize it earlier). The separation was fuuuug-ly. Same deal when with that company, before things went rancid, talking a once buddy of mine to come work with me. We had been close buds in college, like brothers. As it went, his screw ups leading to his demise, he thought was my doing. Longer story. Got to hating me. Few years later, made an attempt to get back together to revisit what had happened hoping to set things straight. Nope, shut his front door in my face.

Swore I’d never hire anyone being a friend or relative and would never advise anyone to do so..
My ins guy and I weren't exactly 'die hard' friends but were enough that we could call each other from time to time if one of us had a question. Mine were usually about insurance and his were usually about something mechanical. Years back he bought a VW Thing and when he come over with it, I just said 'hope you don't expect me to work on that thing.' He laughed pretty good on that one. He knew my position on VW's of any kind and he had no intention of asking me to do that but did do some welding for him a time or two but did look over the Thing pretty good since I had never been around one before.

Ironically, he lived on a street with the same name as mine but only in the next town over which is only about a mile away. He brought me a live oak tree that that was growing in his flower bed (wife's flower bed he said) and managed to unearth it without damaging the majority of the roots even though it was 3' tall. That was 35 years ago and it's about 3' in diameter now a couple of feet up from the base.
 
So do bad times. A player plays.
As Jim Crazy Crammer says.....you can make money when the market goes and and you can make money with the market goes down. One year I made 30k on just one stock selling covered calls when the market went down and learned how to do options when I got upside down on XOM back in around 08.
 
As Jim Crazy Crammer says.....you can make money when the market goes and and you can make money with the market goes down. One year I made 30k on just one stock selling covered calls.
I enjoy the game, but anymore, it's on auto, with fine tuning like a radio, dial in for a little more clarity occasionally. I made my last big move when the market went to 18,000, today is just gravy.
 
I enjoy the game, but anymore, it's on auto, with fine tuning like a radio, dial in for a little more clarity occasionally. I made my last big move when the market went to 18,000, today is just gravy.
Points on the board aren't as big a deal once the game is won, though definition of a win probably varies quite a bit.
 
Points on the board aren't as big a deal once the game is won, though definition of a win probably varies quite a bit.
My wife Theresa, is easy to live with. We were both raised in families where family was first and money second. Many times in our lives she has just looked at me and said, really. I know that means enough is enough. The fact that I will never starve to death is a job well done.
 
My wife Theresa, is easy to live with. We were both raised in families where family was first and money second. Many times in our lives she has just looked at me and said, really. I know that means enough is enough. The fact that I will never starve to death is a job well done.
My wife believed in family first.....her family and I was last always. Didn't mind it so much at first but as the years ticked off, got tired of being treated like a door mat.
 
My wife believed in family first.....her family and I was last always. Didn't mind it so much at first but as the years ticked off, got tired of being treated like a door mat.
My brother was married three times and has lived with his GIRLFRIEND for 27 years. “Once bitten, twice shy.” I'm not sure what they say about a third............ I know what he says.

Bad things happen to good people, you're both proof of that.
 
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