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<p>[QUOTE=&quot;gboulton, post: 1012829, member: 27043&quot;]Absolutely not.</p><p><br /></p><p>I have in the past, and would again, tell them to quit whining and pay their stupid tax.</p><p><br /></p><p>Look...the ONLY thing that happened to this guy is a 55k &quot;loss&quot; over an extremely short term.&nbsp; Simply WAITING (as little as 2-3 years if some investors are to be believed) might cut that to a fraction of its current amount, or even show him a profit.</p><p><br /></p><p>EVEN, however, if we presume he takes the hit right away (mind you, he&#039;d have to A) Buy high B) Sell Low C) Be impatient D) Be ruled by emotion - ALL classic bad investment strategies any high school math geek can tell you) then, let&#039;s see where he is:</p><p><br /></p><p>He&#039;s out CONSIDERABLY less money than a great many people who...</p><p><br /></p><p>Unwisely bought more house than they could afford...</p><p><br /></p><p>Or unwisely did it by taking on too much debt...</p><p><br /></p><p>Or unwisely invested borrowed money in the market...</p><p><br /></p><p>Or unwisely kept their entire savings in a single 401k...</p><p><br /></p><p>Shoot..let&#039;s face it...go buy a $30k new car, and keep it 5-7 years (the AVERAGE length of a car note these days).&nbsp; Figure in interest and depreciation, and you&#039;re out nearly as much as this doctor is...</p><p><br /></p><p>And we can say any or ALL of those things about a GREAT MANY people with annual incomes a fraction of this guy&#039;s...including, I&#039;d wager, &quot;a friend or family member&quot; of every person in this thread.</p><p><br /></p><p>Guess what.&nbsp; When you throw large sums of money at an investment without doing your research, without accounting for it in your budget, without preparing yourself fo black swan events, then...</p><p><br /></p><p>YOU ARE A FINANCIAL IDIOT</p><p><br /></p><p>And you deserve precisely what you get.</p><p><br /></p><p>&quot;Money is a living power that dies without its root. Money will not serve the mind that cannot match it.&quot;[/QUOTE]</p><p><br /></p>

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