Tale Weaver/#FOWC — Steady Growth

ADAA4A2F-AB2D-4391-B96E-88C09E437738When it comes to personal finances, I am quite conservative. I don’t have a significant amount of money to fund my retirement years, but I want to do whatever I can to make sure I don’t outlive my savings. And that’s why my investment philosophy is anything but aggressive.

I don’t take chances with speculative stocks and instead, I try to focus on slow, steady growth. I know there is potentially more to be gained in the short term by taking risks (i.e., the greater the risk, the greater the reward). But as a retiree, I am not willing to bet my future on dicey stocks.

Besides, while there has been a steady run-up of the stock market that started even before Trump won the election, I’m expecting the market to stumble and fall and I don’t want to be financially devastated when it happens, as I am sure it will.

I have a good friend who thinks that, by being so conservative, I’m leaving “money on the table.” Well, maybe I am. But whenever I go to a casino, which is not very often, my rule is to never bring to the casino more than I can afford to lose. So I go, I have fun, but even when I lose to the house, which is more often than not, I’m not in so deep that I am at risk of literally losing my house.

On a slightly different note, I’ve been racking my brain trying to figure out how to fit the word “susurrus,” which is today’s Word of the Day Challenge prompt, into this post. It’s a word I’d never heard before, so I Googled it and found out that a susurrus is “a soft murmuring or rustling sound; whisper.”

So with that in mind, should you hear a susurrus from me, that might just mean that my slow and steady growth approach to investing may not be going so well.


Written for today’s Mindlovemisery’s Menagerie Tale Weaver prompt, which is all about growth, and for Fandango’s One-Word Challenge, “steady.” Also for the Word of the Day Challenge, “susurrus.”

The Next Big Thing

IMG_2475

“I can’t do this alone,” Phil lamented.

“Excuse me?” said Nate. He stood up and looked over the cubicle wall. “Did you say something?”

Phil looked at Nate’s head peeking over the wall that separated their respective workspaces. “Nah. I was just thinking out loud, I guess.”

“What can’t you do alone?”

“Nothing, really,” Phil responded. “It’s just that I hate this place and I’ve been working on something that can maybe get me out of here, but I can’t do it on my own.”

“Working on something?” Nate’s interest was piqued. He, too, hated his job. “Like what?”

“It’s an app for smartphones,” Phil responded. He then took a few minutes to explain the fundamentals of his idea to Nate.

Phil’s enthusiasm over his app idea was infectious and Nate grew excited. But then Phil looked up at Nate with the sad eyes of resignation. “But I need a partner.”

Nate was a great programmer, but he knew he lacked imagination. Phil, in the other hand, was an idea guy who was always looking for “the next big thing.”

“What kind of partner are you looking for?” Nate asked.

“I need to quit this job and work on my app full time, so I need financial backer who can fund my work for at least a year,” Phil explained. “And I need a strong coder who can help someone who can work with me to bring my to fruition.”

“I have a couple of hundred grand from my inheritance. And at the risk of sounding immodest, I’ve made some savvy market investments, too.” Nate proudly said. “And I’m one hell of a coder, to boot.”

Nate thought for a second after saying what he said. “But I need fifty percent.”

“Thirty-five,” Phil responded.

“Forty.”

Phil got up, walked over to Nate’s cubicle, hugged him, and said, “Howdy pahdner.”


Written for today’s one-word prompt, “partner.”