Friday John Ku – AKA – TGIF

~ John W. Howell

Funny Friday

 

Friday has arrived once more. Given the way the stock market has been behaving, I have one more reason to love Friday. It is the eve of two days where the idiots of Wall Street have to be content with no trades. So, no matter what Trump Tweets, or what Congress does not decide, or who Syria decides to murder, the market stays where it is for two blessed days.

When we decide to give up our day jobs things like market volatility take on a new perspective. While working, any drops in the market can be viewed as an “oh well,” situation. While retired, such declines are accompanied by a nitro-glycerin capsule under the tongue. Sage advice is to think in long-term concepts both for those still working and retired folks. That is good advice to follow as long as there is still some lifeline in the long-term.

Today’s JohnKu talks about stability. I hope you have a great weekend.

Stability by John W. Howell © 2018

Steady as she goes,

Is good for the heart and soul . . .

Chaos takes its toll.

73 thoughts on “Friday John Ku – AKA – TGIF”

  3. No investments, no problem. My only concern is the exchange rate – our pensions are paid in UK in pounds sterling, and we live (and spend) in France, in euros.
    And don’t get me started on Brexit!

    Liked by 1 person

  5. Good post, John. I love the lady at the top. Considering the little amount of interest my money seems to be earning I don’t think it’s invested in anything. Have a great weekend. 🙂 — Suzanne

    Liked by 1 person

  7. I’ve got stocks, but they were gifts as I grew up, so I have no idea how they work. Not to mention little interest in figuring it out. I do wonder why people thought it was a good idea to tie retirement funds into the market. One disaster and you lose everything, which makes it feel like gambling with your future.

    Liked by 1 person

    1. I suppose for those of us who have some funds tied to the market it is a calculated risk. You are too young to understand the need for a combination of safety and growth to sustain life and prevent funds from running out. You will face this conundrum some day.

      Like

  10. Love Friday, but hate the whims of the stock market. Even still working, my retirement is not that far away and is tied up in all that volatility. Ugh! Your JohnKu was perfect!

    Liked by 1 person

    1. I would like to give the market and Congress a sleeping pill. I think both should take some time off. the less they do the better. (Having said that I don’t think Congress could do any less) Thanks, Mae.

      Liked by 1 person

  11. The larger point of your JohnKu is exactly right. Chaos does take a toll, and there are forces abroad in the land dedicated to increasing the level of chaos — often for the sake of cyber-clicks. Shall I mention the media? The politicians? The shills for a variety of invented causes? No, I don’t believe I will. They drain too much energy.

    Liked by 1 person

  13. I wonder if retirement will even be an option for me. We’ll have things paid off prior, and I have a good retirement plan. As inflation plays its role, I may have to work until my expiration date. I saw up thread where you ignore superstitions. I write stories about them, but not Friday the 13th… yet.

    Liked by 1 person

  15. Ultimately, Entropy wins, John. I don’t have a choice on retirement, it’s out-the-door at a specific point at our company. I can do other things, but I hope I get to choose the things I want to do.

    Liked by 1 person

    1. Gee that’s harsh. I worked until I was 70 1/2. In the last five years I delivered over a Billion dollars (yes with a B) in operational savings. Think if they had thrown me out at 65? Minus $1B.

      Liked by 1 person

  17. Chaos seems to be the only constant right now and retirement not a guarantee anymore. This was an insightful johnku this week. Yes nice when we can take a break from the stockmarket and world in general… for the weekend makes Friday even better. Enjoy your weekend.

    Liked by 1 person

  19. RE John and Charles comments: remember the 100% Rule for investing: at age 75-80, likely NOT a good idea to be playing too much in the market (maybe 25% of our $accumulation – when we’re young we can take more risks because we have more time (presumably) to make up any losses…when older, it seems to me a better idea to preserve what we’ve accumulated – in my opinion, some of the fixed annuities offered by insurance companies/brokerss (Not necessarily ‘Variable Annuities’ tied to market yields) today offer some growth when markets go up BUT guarantee NO losses to your principle amount… DOWNSIDE? Annuities have surrender charges if you take your $ out before the term of the contract is up, but you are allowed to take a percentage out each year without penalty… UPSIDE? Regardless of surrender periods, all accumulation at death goes to beneficiaries/estate: principle plus growth! (NO Surrenders apply!)
    Okay, Okay! More than you wanted to know, but could be beneficiall to some of your followers! ♥♥

    Liked by 1 person

  25. Oh, perfect johnku! Yeah, we watch the market, my husband very closely. He is retired and likes to report to me how many money we gained or lost. I roll my eyes when we gain and suck in my breath when we lose. I’m still working, and we look at things long-term so … fingers crossed 😉 Have a great weekend, John. I’ve always considered Friday the 13th to be a lucky day but yesterday at work, well, my foot just edged a little further out the door 😉

    Liked by 1 person

Comments are closed.