Comments on: The Greatest Loss of This Recession http://www.consumerismcommentary.com/the-greatest-loss-of-this-recession/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Wed, 30 May 2012 21:29:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Misty Jane http://www.consumerismcommentary.com/the-greatest-loss-of-this-recession/comment-page-1/#comment-192976 Misty Jane Thu, 23 Apr 2009 01:45:33 +0000 http://www.consumerismcommentary.com/?p=5744#comment-192976 Good comment. I would add this: Look around and find someone to help. Everyone is needed somewhere. MJ Good comment. I would add this: Look around and find someone to help. Everyone is needed somewhere.
MJ

]]> By: Ben http://www.consumerismcommentary.com/the-greatest-loss-of-this-recession/comment-page-1/#comment-192919 Ben Mon, 20 Apr 2009 17:13:14 +0000 http://www.consumerismcommentary.com/?p=5744#comment-192919 <blockquote>Our Terrified friend must forget about the past. <i>Rule number one</i> of the investment rules he learned was that past performance is no indicator of the future. That goes for the good years and the bad years. Don’t pull out of the market, because <i>if the month of March has taught us anything it’s that the best returns come right after the worst ones.</i></blockquote> Atta way to ignore the Rule Number One right after you state it.

Our Terrified friend must forget about the past. Rule number one of the investment rules he learned was that past performance is no indicator of the future. That goes for the good years and the bad years. Don’t pull out of the market, because if the month of March has taught us anything it’s that the best returns come right after the worst ones.

Atta way to ignore the Rule Number One right after you state it.

]]> By: Mike http://www.consumerismcommentary.com/the-greatest-loss-of-this-recession/comment-page-1/#comment-192889 Mike Sun, 19 Apr 2009 09:00:44 +0000 http://www.consumerismcommentary.com/?p=5744#comment-192889 "C) Not waste 30 minutes of my time when all he had to say was on the second page" Don't exaggerate; this article takes 5-10 minutes to read, max. “C) Not waste 30 minutes of my time when all he had to say was on the second page”

Don’t exaggerate; this article takes 5-10 minutes to read, max.

]]> By: the weakonomist http://www.consumerismcommentary.com/the-greatest-loss-of-this-recession/comment-page-1/#comment-192840 the weakonomist Fri, 17 Apr 2009 02:13:49 +0000 http://www.consumerismcommentary.com/?p=5744#comment-192840 I would tell him to: A) Not write articles so long B) Stop complaining about that fact that he didn't take ownership of his own money C) Not waste 30 minutes of my time when all he had to say was on the second page: "It turns out that my crucial mistake was believing that the brokers and wealth managers and cable-television oracles who make up the financial-services industrial complex actually had my best interests at heart" D) Learn from your mistakes and move forward. He's one of the "terrified". I would tell him to:
A) Not write articles so long
B) Stop complaining about that fact that he didn’t take ownership of his own money
C) Not waste 30 minutes of my time when all he had to say was on the second page:

“It turns out that my crucial mistake was believing that the brokers and wealth managers and cable-television oracles who make up the financial-services industrial complex actually had my best interests at heart”

D) Learn from your mistakes and move forward. He’s one of the “terrified”.

]]> By: James http://www.consumerismcommentary.com/the-greatest-loss-of-this-recession/comment-page-1/#comment-192839 James Thu, 16 Apr 2009 22:13:03 +0000 http://www.consumerismcommentary.com/?p=5744#comment-192839 Flexo, Another great posting. I think whats likely to happen is that people who have lived through this period of uncertainly will likely be more risk averse in the future. Its hard not to get anywhere for 10 years and not have it leave an impression on you. Best, James Flexo,

Another great posting. I think whats likely to happen is that people who have lived through this period of uncertainly will likely be more risk averse in the future. Its hard not to get anywhere for 10 years and not have it leave an impression on you.

Best,

James

]]> By: Dana http://www.consumerismcommentary.com/the-greatest-loss-of-this-recession/comment-page-1/#comment-192832 Dana Thu, 16 Apr 2009 16:08:46 +0000 http://www.consumerismcommentary.com/?p=5744#comment-192832 What would you say to this guy? ;) http://www.theatlantic.com/doc/200905/goldberg-economy What would you say to this guy? ;)

http://www.theatlantic.com/doc/200905/goldberg-economy

]]> By: BobD http://www.consumerismcommentary.com/the-greatest-loss-of-this-recession/comment-page-1/#comment-192831 BobD Thu, 16 Apr 2009 16:03:31 +0000 http://www.consumerismcommentary.com/?p=5744#comment-192831 Great Article....There are several who need to hear this message Great Article….There are several who need to hear this message

]]> By: The Weakonomist http://www.consumerismcommentary.com/the-greatest-loss-of-this-recession/comment-page-1/#comment-192829 The Weakonomist Thu, 16 Apr 2009 15:27:49 +0000 http://www.consumerismcommentary.com/?p=5744#comment-192829 Nate you are 100% correct. That's a great addition. Nate you are 100% correct. That’s a great addition.

]]> By: Nate http://www.consumerismcommentary.com/the-greatest-loss-of-this-recession/comment-page-1/#comment-192826 Nate Thu, 16 Apr 2009 13:15:26 +0000 http://www.consumerismcommentary.com/?p=5744#comment-192826 I think that one way for people to avoid the mind sets that you explained in participating in other activities. Do not make work your life. Be with your family, get a hobby, write a blog ;). When you have other focuses, loosing a job is not so hard. Thanks, Nate I think that one way for people to avoid the mind sets that you explained in participating in other activities. Do not make work your life. Be with your family, get a hobby, write a blog ;). When you have other focuses, loosing a job is not so hard.

Thanks,
Nate

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