By Trudi Cunningham
How many people read or pay attention to the business section in newspapers? How many pay attention to the Wall Street reports on television? I do read about certain companies or comments about a casino problem. Other than that, I really have no interest in any of it.
If anyone has stocks or mutual funds in excessive amounts, it would be something they may be concerned about if wishing to buy or sell. I do enjoy the “Bamboozle” stories and feel good when something is resolved, but too many people get the “short end of the stick” in definitive situations.
I do have several shares of stock and some mutual funds for the benefit of my son and grandchildren, but I just go with the flow as they will not make or break me. I was taught at an early age not to put all of my eggs in one basket.
I do remember the downfall of City Federal Savings that was so tragic. So many higher-ups invested so much when they purchased shares and lost retirement funds, plus. I purchased 25 shares, being an employee at the time, but for those of you who remember, it went totally “down the drain.” I was able to include my loss on my income tax, and can thank my lucky stars it was a minimal amount in comparison to many others.
I do prefer the advantage of being able to go to a bank to take out what I might need, rather than going to a broker, writing or calling to request what might be necessary because of an immediate need.
As a last comment, I know many people seem to agree with my feelings in regard to the language situation. A definite point, to me, was made in the comics section last month. How many saw Ziggy at Echo Point with a little gadget in evidence and the writing included, “Press One For English!!!” Don’t you just love it? But will it make a dent?
Connect with NJTODAY.NET
Join NJTODAY.NET's free Email List to receive occasional updates delivered right to your email address!