On the fence about investing?
I hesitate to make a list
Of countless transactions I have missed;
Bonanzas that were in my grip-
I watched them through my fingers slip;
The windfalls which I should have bought
Were lost because I over thought:
I thought of this, I thought of that,
I could have sworn I smelled a rat,
And while I thought things over twice,
Another grabbed them at the price.
It seems I always hesitate,
Then make my mind up much too late.
A very cautious man am I
And that is why I never buy.
When developments rose on Oak and Third
The prices asked I felt absurd;
Whole block fronts-black with soot-
Were priced at thirty bucks a foot!
I wouldn't even make a bid,
But others did-yes, others did!
When Newport Beach was cheap and barren land,
I could have had a heap of sand;
When Palm Springs was the place to buy,
I thought the climate much too dry;
Invest in Orange County-that's the spot!
My sixth sense warned me I should not,
A very prudent man am I
And that is why I never buy,
When others culled sprawling farms
And welcomed deals with open arms-
A corner here, ten acres there,
Compounding values year by year,
I chose to think and as I thought,
They bought the deals I should have bought.
the golden chances I had then
Are lost and will not come again.
Today I cannot be enticed
for everything's so overpriced.
The deals of yesteryear are dead;
the market's soft-and so's my head.
Last night I had a fearful dream,
I know I wakened with a scream;
Some Indians approached my bed-
For trinkets on the barrelhead
(in dollar bills worth twenty-four
And nothing less and nothing more),
They'd sell Manhattan isle to me.
The most I'd go was twenty three.
The Indian scowled: "Not on a bet,"
And sold to Peter Minuit.
At times a teardrop drowns my eye
For deals I had, but did not buy;
And now life's saddest words I pen-
"If only I'd invest NOW...and then!"