• 2 Posts
  • 238 Comments
Joined 1 year ago
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Cake day: August 26th, 2023

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  • Some inside perspective:

    You are talking to staff or an intern. You might be the hundredth call for the day. They’ve heard all kinds of shit, from long-winded conspiracy crazies to the most courteous and intelligent calls ever. Yelling at them or being a jerk will get you nowhere. Be prepared to state your case clearly and concisely. Your concern will indeed be noted and logged.

    Do not call a congressperson that isn’t your own. They are not required to listen to you, you are not their constituent. Do not write a congressperson that is not your own. The letter is almost guaranteed to go straight into the trash.

    The best letters go on the intern break room fridge to be enjoyed by all.

    Even so, unfortunately the congressperson may not act in a way consistent with the majority of people’s calls and letters. Thank money and power plays in politics for that.







  • Invest in index funds. They are self- cleaning…IOW when a stock stops performing it is removed from the fund and replaced by a better performer.

    Use a brokerage that is low fee. Fees steal your money.

    Do NOT let someone manage your money that moves stocks around for fees.

    Use Dollar cost averaging . Even if the market is down, keep adding regularly. Which is tied to…

    Don’t time the market. You can’t win.

    Don’t touch it. Don’t touch your money. Don’t incur fees and capital gains taxes. You will lose. Leave it alone.

    I am up 8% average yearly over the lifetime of my fund including all the downturns, it has been stellar this year well over 12%. Is this a “get rich quick” way of doing things? Is it exciting? No. Not at all. But it works.

    Investing (NOT TRADING) is EasyHard, because it’s really easy to do, but really hard not to mess with and screw it up.