I thought with the last year (2008) sharemarket crash, that the grandkids would be sworn off their shares.. I mentioned casually, "well, I would've given you all more shares for your birthday or Christmas, but I guessed that you wouldnt be interested."
Three teenagers put up their hands. "Yes please we're interested".
Lloyd asked.. "but weren't they all worthless?"
His mother interjected, "yes, they fell but we havent sold and now they are rising.. the sharemarket is in recovery."
So capitalism is still alive and well, and hope still sparkes!
That's good, because it means they realise that you have to continue to look to the future, and what happened yesterday, does not always predict what might happen tomorrow.
Aust S & P 200 28 01 2011
this is a world worry
