YMYC podcast, page-5

Well All

I'm 58 and been around risk before, in the 1987 stock market crash I lost (in one day) the equivalent to the price of a decent house in a middle class suburb... that night I rapidly downed a bottle of scotch (not good) and went to work the next day feeling and looking very very deflated!!.
My boss (who has since passed on, a smoker) just slapped me on the back and said "get on with it" it's just money.
Blue chips, I've even seen them lose most of their core asset value, so any shares can be volatile if news is significantly against them..
So now I just invest with the best intent after doing the research to know what may come and if we have good bad or steady results thereafter it's just "suck it up baby" and accept that risk is always a part of life, e.g. sharks, cars, planes, looney Korean leaders, slow horses.. you name it!!.
That said it's usually a heck of a lot of fun..
Sarg