Put Money Under Tha Mattress
A man calls his stockbroker all anxious and out of breath with this urgency in his voice. He says, "Sell it all, sell everything fast, right away."
The stockbroker tries to explain that the market is cyclical in nature and that for long term outlook stocks still remain the place to be.
The man says, "Let me tell you a secret. You know I've been married for 6 years now and I've been your client for 5 years."
"Yes, go on," the stockbroker says.
"Well. My wife has this thing about the market. Her grandparents lost it all in the great crash and ever since then her family found investing in the market akin to original sin. When we got married I promised her that I would follow in her parents footsteps and never venture in the stock market and always leave all our money under the mattress."
"Wow, I didn't know that. I guess you want the money because the market is going down, in case she asks for it."
"No, I want the money because she ordered a new mattress and it is being delivered in two days."
The stockbroker tries to explain that the market is cyclical in nature and that for long term outlook stocks still remain the place to be.
The man says, "Let me tell you a secret. You know I've been married for 6 years now and I've been your client for 5 years."
"Yes, go on," the stockbroker says.
"Well. My wife has this thing about the market. Her grandparents lost it all in the great crash and ever since then her family found investing in the market akin to original sin. When we got married I promised her that I would follow in her parents footsteps and never venture in the stock market and always leave all our money under the mattress."
"Wow, I didn't know that. I guess you want the money because the market is going down, in case she asks for it."
"No, I want the money because she ordered a new mattress and it is being delivered in two days."