Tues OPED

I read the news today, oboy, the stock market is crashing because of the uncertainty of Trump's tariffs...

This kind of news makes me laugh because the stock market is comprised primarily of two investor groups:

• THOSE THAT PANIC
• THOSE WHO DON'T PANIC

Ever since I graduated from grad school in business, I have had the understanding that the real strength of investing in wall street is not the quick growth money but the LONG TERM MONEY.

It was beat into my head not to invest in wall street unless your investment is money you don't need and money you are not going to touch for 20-40 years.

For example, a mutual fund is a group of stocks (about 150-200) that you money is invested into equally so that when one stock goes down, another goes up, and the investor breaks even.

Over a 20 year period of time, mutual funds average between 8-10% each year although some years they are down.

These daily reports about wall street are as foolish as not flushing the commode after someone takes a crap.

Another idea that many investors use is selected a company that gives you a guaranteed rate of return whether the market goes up or down.  It is probably going to be a lesser return but it is guaranteed.

DO YOUR RESEARCH...