Yes,where investments are concerned,you do need time on your side.
Also,it is a bad blow for people coming up to their retirements.
People may think their pensions are protected from these dramatic downturns,by what their pension providers call 'cushioning',and 'smoothing out',but some pension portfolios have as much as 85% invested in equities,according to a radio show i was listening to this morning.That's going to take some smoothing.
In the latter years of a pension,the weighting can be adjusted to a safer balance,but,even so.....
No doubt in my mind that this state of affairs has been brought about by the greed of the banks,always looking for even more and more ways of making even more and more money.
As for your investments,remember that you won't realize a loss unless you sell. In time,the markets will recover,and hopefully,lessons will have been learned to prevent this kind of fiasco from happening again,in the future.
It happened for 'Gavin and Stacey',in the comedy series on telly.
They spoke to each other over the phone from their respective offices at work,and eventually decided to meet up. This must have happened many times,in real life.
In the comedy series,they get married. Maybe that has been replicated many times,too.
Yeah,i don't mind cats,as such,but they don't seem very impressed when you try to take them for a walk. Thats why i prefer dogs. Still,cats do live a lot longer,having 9 lives,and everything.
Hi,lisalee1960,nice to meet you. I am afraid that Mirodenia has built me up into something i can't sustain. I just got lucky with a thread that i could do something with. I am not some kind of super-comedian. But there are lots of funny,and interesting people on this site.
The former local insurance company, (grabyercashandrun SA),has been acquired,in a stock market take-over. All shares in that company,have been absorbed into the portfolio,of the multi-national insurance giant,Muleguy Insurance Inc.
Muleguy Insurance Inc, wishes to advise all policy holders of the former company, (grabyercashandrun SA),that any,and all insurances they hold,are invalid,and we regret that we are unable to offer a refund.
Muleguy Insurance Inc, is happy to be able to allay,the fears and concerns of these unfortunate policy holders,in that their re-application forms are in the post.
Apply within 48 hours,to receive 1 complimentary ticket per policy,to the magnificent,and awe inspiring visit,of Halley's comet,brought to you,by Muleguy Entertainments Inc.
Miss Mirodenia, i am truly humbled,by your kind and gracious comments,and by your very warm welcome. I only joined CS, 2 weeks ago,and i did not post a thread,for the first week,just enjoyed taking the site in,and enjoying the clever comments,and the witty badinage,of the members,here.
The highlight for me so far,is undoubtedly, being able to tap in to your sense of humour. At first,i feared i might be seen as hijacking your thread,with my nonsense. So of course,i was delighted when you entered into 'the spirit',of my posts.
Let me make it clear,at the outset. I do not pretend to Phoenix's 'throne'. He must have earned his place in your esteem,over time,and he will surely rise from 'the ashes.'
And now,i will say what i should have said on day 1. HELLO,EVERYONE!
Miss Mirodenia,i am,and will remain,your humble servant.
PS-: Looking forward to your wonderful company,at the upcoming event. PPS-: Bibi will not be able to attend the event,after,all,as his seat was double booked.
On the contrary,no 1 brightongirl. I have been basking in the glow of Miss Mirodenia's warm praise. I am thrilled beyond measure,to have occasioned such hilarity,in that delightful young lady.
Miss Mirodenia, Muleguy is proud to accept the gracious offer,of the pleasure of your company at this exciting event. He wishes to acknowledge that it is a very great honour,that you confer upon him. And that he now looks forward,with an even sweeter anticipation,to the arrival of the 'heavenly body'. Also,he wishes to set your mind at rest,in that he has also managed to accommodate Bibi. With a seat in the back row.
Statement issued by Muleguy Entertainments Inc, on behalf of Muleguy.
IMPORTANT ANNOUNCEMENT BY MULEGUY ENTERTAINMENTS INC-: After the resounding success of the last solar eclipse,brought exclusively to you by Muleguy Entertainments Inc, we are pleased to announce that tickets are now available,for the next spectacular visit,of Halley's comet. Front row seats,are strictly on a 'first come,first served',basis. Insurance is available,at a 50% discount, through our Sister company,Muleguy Insurance Inc,against this event being spoiled,by adverse weather conditions,low cloud cover,etc.
NB-: Muleguy Insurance Inc, wishes to make clear,that there is a 50% excess charge,against any claim.
Muleguy Entertainments Inc, hopes that Miss Mirodenia will accept 2 front row tickets,with our most grateful compliments,
You are altogether too kind, Miss Mirodenia,and i am the most grateful recipient of your generous comments. My Mother always used to tell me,"Muleguy,when you can make a girl laugh,you are half way to happiness". I have incorporated these treasured words of wisdom into my business practises. At the call centre of Muleguy Insurance Inc / Muleguy Entertainments Inc,someone is employed to tickle the bare feet of the exclusively female staff. As President of these companies,this in an important duty that i like to perform myself,as i am a great proponent of 'hands on' management.
RE: So how many here have lost it all via Lheemans crashing?
Yes,where investments are concerned,you do need time on your side.Also,it is a bad blow for people coming up to their retirements.
People may think their pensions are protected from these dramatic downturns,by what their pension providers call 'cushioning',and 'smoothing out',but some pension portfolios have as much as 85% invested in equities,according to a radio show i was listening to this morning.That's going to take some smoothing.
In the latter years of a pension,the weighting can be adjusted to a safer balance,but,even so.....