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bucolic_frolic

(56,258 posts)
2. Recessions are the time to hunt value
Wed Jun 17, 2026, 07:27 PM
Wednesday

1982, 2008. In March of 2009 I got a phone call from a mutual fund company where i had an investment. This was a pound the table call. I did not take their advice. Boy was I wrong. But I do remember MXF in 1982, a fledgling closed-end mutual fund ( precursor of ETFs) at $2. A friend talked me out of it. Easiest money ever. 2008? ConAgra, yielding about 14% was about $12 or maybe $10. Again, that was the time to get in. And so it goes.

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