Quote:
Originally posted by grumpy
You play at the stockmarket and you dont know? Better take your investments somewhere else then. IMHO.
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I don't play...I invest...and do not have anything on margin. My investeents for the most part are "safe" investments...with only a couple of "higher" risk investments. I have only lost money for a one month period and it was of little consequence ($8,000) in all of the years I have been invested.
I am a single retired person. My needs and desires are rather simple. I own everything and pay cash when I buy. I do not take out any dividends from my investments as I do not need to. Higher interests rates or inflation will affect me only indirectly but will not cause me any financial pain.
I suppose those that live on the edge will be affected by higher interest rates and inflation...but I do not have a lot of sympathy for those that live on the edge...they "made their bed...so".