It's not smart to put all your eggs in one basket. Businesses can and do go belly up, taking owner's equity with it. Sometimes this can be sudden and unexpected. In addition, when it comes time to exit, there is no guarantee that a new purchaser would be able to be found, leaving all of that equity tied up in what is now a worthless business. As a result, it's always smart to take some money out of the business and use it to invest for the future.
Now, I'm not a big believer in playing the stock market like others do. I'm more into low cost index funds for most of the savings and an emergency fund in a high yield savings account. I do have a few individual stocks, but they're more long-term speculations for companies I think will still be around 30 years from now, or which I have some sort of vested interest in. I also don't have very much money in any individual stocks. On Fri, Feb 28, 2020 at 6:51 PM David Williamson < dwilliam...@customcomputersva.com> wrote: > Why in the world would any WISP owner invest in stocks? Much higher ROI > investing into the expansion of your own WISP. SMH. > > > > David Williamson > > > > *From:* AF [mailto:af-boun...@af.afmug.com] *On Behalf Of *Matt Hoppes > *Sent:* Friday, February 28, 2020 5:59 PM > *To:* AnimalFarm Microwave Users Group > *Subject:* Re: [AFMUG] OT shall we start a pool > > > > Let it keep going down! I moved everything to Money Market Monday. Once > it bottoms out I’ll stick it back in stocks. > > > On Feb 28, 2020, at 6:45 PM, Darin Steffl <darin.ste...@mnwifi.com> wrote: > > I just wanna know when we hit rock bottom so I can buy as much up as > possible :) > > > > On Fri, Feb 28, 2020, 4:38 PM <ch...@wbmfg.com> wrote: > > How long before the stock market recovers. Stats would suggest 4 months. > > But if the virus actually becomes a “thing”, like the sky is falling > thing, I am sure that will extend this correction. > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- - Forrest
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