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Black monday coming up?
patrickl:
Warren Buffet manages to increase his wealth by $8 billion during one month of stock turmoil :o His total worth of $58 billion makes him the richest American (Gates down to $57 billion in second).
Forbes revised their list from the one based on August 29th stock price to the prices of October 1st.
3dfxGHOST:
Really nothing new about paying for others mistakes or misfortune's . . Ive seen my insurance rise everytime the insurance company has to pay out large sums of money because of their own bad investments have lost them the money they should have had in reserve to pay their own debts and all the while the government demands we have insurance so we have no choice to be gouged and raped. . Look at anyone who lands in jail because of their mistakes and has to pay for it but really we pay and its as high as 30,000 a year per inmate, higher than the average wage where i live. Who gets that money? the corporations who make the things it takes to keep ppl locked up such as sheets, cloths, food, hosing. . So really if you live in the United States of America you should be used to this treatment . . Our government has been screewing us since the day they formed it, that's when being free ended. I don't feel sorry for younger ppl in this country, if your under 50 i think you should have seen the writing on the wall, but those older ppl who believed the crap the government was giving them and how they would be taken care of when they retired, those ppl i do feel sorry for.
Just a side note, if any of you live in a large town you might have seen this. On a government holiday(one only the government employees get off) look at the freeway, in San Diego California it looks to have about 10% normal traffic on it, ever wonder how in the hell we can pay for all those jobs lol, sooner or later this is going to have to all come falling down.
shmokes:
--- Quote from: patrickl on October 12, 2008, 04:35:14 am ---Warren Buffet manages to increase his wealth by $8 billion during one month of stock turmoil :o His total worth of $58 billion makes him the richest American (Gates down to $57 billion in second).
--- End quote ---
And guess where all that money goes when he dies? To his kids? Nope. He doesn't believe in aristocracy. He's a vociferous proponent of the estate tax. His fortune has already been irrevocably earmarked for charities.
sel:
is money market still any good or is there any good "CD's" to buy/invest in at the moment?
I am in college and looking to save or invest in something... if anyone has any helpful tips even a good stock i could try and buy a share in let me know.....^^
ChadTower:
Take more classes. There isn't a better investment than a quality education.
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