It is too hard to predict future returns based on past returns. But being in index funds reduces your expense fees. Most people won’t get 12% because they won’t buy on dips and will sell in bad times.
and when laid off, I just sooooooo wanted something different. Like working at home.
Gads, what a mistake.
Just like anyone sucked into a cult, I did everything I could to please. Throwing money hand over fist to “their” phone service, their advertising loops, thier web sites, their, well, you name it.
Hours and hours spent on the phone, tons of money (about $1K loan) to fly to “conferences”. Which were really nothing more than other schmucks like me following orders. Sure, the seats were filled, but that is the name of the game, isn’t it? Keep the newbies hyper and wanting the life advertised?
In reality, I truly wanted to believe in the product and sell it. Oh, silly me. What it really entailed was selling false dreams to someone else. And I could have done that if there was any true substance in the propositon.
Instead, after six months and thousands of dollars, I couldn’t stomach it anymore. Such as meeting members of my upline who left no doubt they had blatantly lied. (Honey, you are way too tall and way too big boned to have ever been a size 4, unless of course when you were 11.) Inablity to get my direct supervisor to explain how to actually sell the “cover” product and not just the biz. Rooming with a person who I finally got to admit that she’d spent EIGHTY GRAND to get to the level just above me.
And, of course, being at a conference and watching young protegees of the upline suck down a saucer full of “product pills” instead of any dinner.
for Capital One. NOOOO!!!!! Man, that SUCKS. I didn’t care when Alec Baldwin did CapOne commercials, because I don’t really like him. But Samuel is one of my favorite actors…
My very best to you and your family. I’m glad you’re in such a strong position financially. I hope your treatment program goes smoothly, and that you and your family come through this in good condition. I’ll add you to my prayers list. I’m sorry to say that several have preceeded you on that list, but I’m also happy to say they’re doing quite well now. Hang in there……..