Those conservative financial planners must have been hiding the last 20 years.
You can do better than that.
Those conservative financial planners must have been hiding the last 20 years.
don't be offended by people calling your post a "downer".
people on this site think if you live in denial and smile alot that somehow reality will dissipate. it's a tragic part of the culture here. keep pretending and somehow the facade will become real that's why businesses here are so frail and do so poorly and why they've destroyed what marketability the area has to offer. not too bright, but plenty arrogant...with a smile.
it's not that they're lying to you..knowingly..even if they told you it was the best investment ever..they'd totally believe it because sadly..not much is going on behind those passive aggressive grins.
as for changing your name to protect your honesty... frankly, if you have to lie to be friends with people...who cares?
as for bush's "stimulus" package..it's not an economic plan, it's a bribe. plus, it will all go to china in the end.
don't be offended by people calling your post a "downer".
people on this site think if you live in denial and smile alot that somehow reality will dissipate. it's a tragic part of the culture here. keep pretending and somehow the facade will become real that's why businesses here are so frail and do so poorly and why they've destroyed what marketability the area has to offer. not too bright, but plenty arrogant...with a smile.
it's not that they're lying to you..knowingly..even if they told you it was the best investment ever..they'd totally believe it because sadly..not much is going on behind those passive aggressive grins.
as for changing your name to protect your honesty... frankly, if you have to lie to be friends with people...who cares?
as for bush's "stimulus" package..it's not an economic plan, it's a bribe. plus, it will all go to china in the end.
My Magic 8-Ball says that it may help stimulate the economy of China, since everything we buy today, seems to come from China. Don't think that China doesn't feel the hurt.
From the Financial Times:Them China boys got their real first taste of capitalism Monday when their stock market lost a Trillion gazillion in value because of us. We finally got them back!
people on this site think if you live in denial and smile alot that somehow reality will dissipate. it's a tragic part of the culture here. keep pretending and somehow the facade will become real that's why businesses here are so frail and do so poorly and why they've destroyed what marketability the area has to offer. not too bright, but plenty arrogant...with a smile.
Another development to keep your eyes on:
MGIC Investment Corp, the nation's largest insurer of mortgages, is in trouble. They've announced they'll have over $2B in losses as a result of mortgages they've insured going south--and a growing number of mortgages defaulting.
Problem is, Fanny & Freddie previously bought up these "insured" mortgages, so their portfolios are being kicked to the curb as well.
If MGIC goes bust, what will that say for all the mortgages they've "insured" and what will that do to the mortgage industry going forward.
Comments?
.