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rhythmaningI still hold shares in MegaBank (soon to be renamed MicroBank, to be swiftly followed by NationalisedBank), where I used to work: they are shares from bonus and sharesave schemes. A year ago, I think my shares were worth £20,000; today they are worth about £4,000.
I would expect to be really pissed off about this, but I'm not, not really.
This could be because I have a natural resilience - there isn't much I can do to get £16,000 back after all (other than wait another, say, 20 years). Or it might be that I understand that the stockmarket can go down (and down and down) as well as, occasionally, up.
Or it might be that I have the stockmarket to thank for a gallon of laughs at the expense of Mike Ashley and the ongoing saga at Newcastle United, and this more than makes up for the downside.
Although in that case, you'd expect that the woeful season at Spurs would have offset the laughs gained at the expense of Newcastle, wouldn't you?
I would expect to be really pissed off about this, but I'm not, not really.
This could be because I have a natural resilience - there isn't much I can do to get £16,000 back after all (other than wait another, say, 20 years). Or it might be that I understand that the stockmarket can go down (and down and down) as well as, occasionally, up.
Or it might be that I have the stockmarket to thank for a gallon of laughs at the expense of Mike Ashley and the ongoing saga at Newcastle United, and this more than makes up for the downside.
Although in that case, you'd expect that the woeful season at Spurs would have offset the laughs gained at the expense of Newcastle, wouldn't you?