Sunday, September 26, 2021

It's The Luck Of The Draw

 When it comes to stocks, bonds and investing I defer to Her Majesty and my my financial adviser. You see, I have what's called 'The Reverse Midas Touch.'

I do listen to a fella named Rick Edelman who is on the radio and gives no nonsense advice on investing. This morning he told the story of a 37 year old man who wanted to invest in an IRA. He called a financial person and was told to put his investment, a grand sum of $2,000 in a Roth IRA and suggested one called Pay Pal so the guy did. Two years later or thereabouts Pay Pal was taken bought out by Amazon and overnight his $2K became twenty-four million. Today, the man is a billionaire. 

And so it goes.

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