When we drive to Magnolia Village on a Saturday morning, it’s usually to walk through the farmers’ market, which is not my favorite thing to do (too crowded for my taste). But last week Mike and Heather had a different market to deal with, something they called the stock market. They had an appointment with my friend Caroline, who has two dachshunds of her own. She was going to give them information about retirement, which as I understand is something that happens in the distant future that allows Heather to stay home every day. This sounds good to me; I hate to see Heather spending time on weekends pouring over patient report forms when the two of us should be napping or throwing my ball around.
At the Edward Jones office, Caroline’s dog Ida greeted me with a bark and a growl, so we retreated to separate corners while Caroline explained things to Heather and got her feedback. Mike just nodded once in a while. As best as I could decode their conversation, Caroline told them they will definitely be able to afford to buy me gourmet-level biscuits exclusively for the rest of my life and then some. (Apparently it’s the calories, not the price, that keep Mike from giving me gourmet treats already. Yeah, right.)
When the meeting ended, Caroline gave treats to Ida and me, and Ida didn’t growl at me once. That made everything fall into place in my mind: This investing business has its ups and downs, but if you stay calm and patient, you’ll be rewarded at the end. Makes perfect sense to me.