Hacker News new | ask | show | jobs
by KGIII 3197 days ago
Thanks! It may not seem like it to you, but there's a lot to digest in your post. Before selling my company, I just had a big standard 401k. Now, I have someone who actually manages all that stuff for me.

It is quite a change. I've been retired for ten years, but I'm still getting used to certain things - and there were many things I had no compelling reason to learn.

Which is why I dabble in the market. I've even done some of my own bond selection. I am a sort of partial to bonds because then I can see what project it is that I'm supporting, find out who that project is supporting, and make choices that are both ethical and financially sound (less risky might be a better term).

It has been fascinating to learn some of this stuff. I do visit Mötley Fool sometimes but I mostly only use it as an educational resource. I'm not sure I can put my finger on it, but it just seems a little bit off to me. It's a vague thing, but it seems like they are trying to push me in a certain direction, like they are trying to influence not just what I should buy but the categories I should buy in - and I'm not really sure they have my best interests in mind.

I don't know if that makes any sense, really? It just seems off to me. It's like a feeling that I'm being manipulated. I'm pretty sure I'm not a paranoid schizophrenic or anything, it just isn't where I go for specifics. I happily go there to research and learn.

I still own a whole lot of shares in the now-parent company. I've been pondering unloading some of them and moving them to a more risky position. They are steady growth and I have no complaints but I'd like to put more into the account that I control and that is one way of doing it. Again, nothing that I can't afford to lose.

You've given me a lot to think about and I'm quite grateful. I'm always open to good advice. ;-) I freely admit there are many things I don't know.