The way I see it, the economy is pulling a Darwin on the middle class and we're seeing it shrink before our very eyes.
Hurray! Division of wealth!
The way I see it, the economy is pulling a Darwin on the middle class and we're seeing it shrink before our very eyes.
Hurray! Division of wealth!
In the overall big picture, most likely yes. But if you got in at the wrong time, you could very well be fucked.
Say you started putting away for retirement in 1955 and you retired in 1985 - may not be so happy with your returns. And this chart doesn't factor in capital gains tax either. But it's all good, because the markets always go up, even if inflation does as well and the value of your dollar falls.
Not really. You'll just have to break some promises. It's not like your medical system is handing out even 30% of their proposed deals, anyway.
Socialized medicine would do nothing but be a positive for your economy. I know you guys don't like the government sticking their nose in shit, but for fuck sakes they already take care of your fires, policing and mail service. Not having any kind of stress regarding health issues lifts a huge burden off of everyone. A generally happier populous is better for us more well-off types, too. Quality of life-wise, anyway.
France is rich and they have a ridiculous amount of care in their economy. I guess if you're admitting that you're not as good as the French then that's fine. But you have to say it. Say it. Say France is better than America.
What you're basically saying to my buy and hold short-term gains is that I shouldn't do it because there's risk involved. The risk, in this case, doesn't outweigh the rewards (which I would say is the opposite for lottery tickets). I've actually never lost money doing it, although I don't do it very often.
Last edited by Drewbacca; 03 May 2008 at 12:03 PM.
Originally Posted by rezo
To Drew:
I'll put my personal net wealth againt any Frenchman my age what's your point? I'm not responsible for the dregs on our society
America is a place where you can work and be well off, or be lazy and suck of the hind tit of the rich. This should go away today. I am a firm believer that if you are under 30 and don't have a job or attend college...It's time for military service. Maybe that will scare the leeches of our society into contributing.
And we do have social healthcare, I just have to pay for it.
Last edited by Othello Harrington; 03 May 2008 at 04:07 PM.
no, what i'm saying is that you have gotten lucky, just like lottery winners. if you really think investing is as easy as, "hop on an ipo" then you're incredibly ignorant.
this is why buffett suggests you buy index funds over time instead of all at once.
Last edited by Saint of Killers; 03 May 2008 at 04:53 PM.
Investing is a motherfucker and has been since 9/11.
Before that money was able to be made in droves if you backed tech based IPO's and heavy manufacturing.
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