Since we are a "current affair" Blog, we have to ask...
...How has the Financial downturn affected you? Are you out on the ledge without a parachute?
and do you own a red tie and black or blue suit?
Now for some Unsolicited financial advice from the Blog Financial Board..."Hang in there & BUY!"
3 comments:
Anonymous
said...
Yo... Weirdos!! What's up with the MASTER'S TRIP?? During this time of finacial abundance I have accumulated a nice tidy sum of $7.00 in my CD (singular). I would like to now send my first payment for our trip. To whom do I remit said payment? Of course, the recipient is bonded, Right? We will investigate prior to any exchange of funds. I hear ticketmaster has tickets posted for this event @ $12.00 each day.
I have never understood the faith that folks put in their broker and the entire Wall St. influence on our world. If Merill Lynch, Lehman, Goldman etc. are soooo sure of what I should do with my money then why are they sooooo screwed up with their own money?
Investment firms and brokers only make money if someone buys or sells a share of stock. They recommend SELL one month and then 6 months later BUY the same stock. They tell yoou not to put all your eggs in one sector but they ALL put their eggs and hens into mortgages. Hmmmm why don't they follow their own advice and diversify?
Good old Buffet puts his money in cash rich companies and then rides with them through thick and thin. He dropped out of the Wharton School because he said there was nothing they were teaching that he needed to learn. Maybe they need to teach things a little differently.
One last rant, why is a CEO paid a $100 million severance package after he drives the company out of business? Does any other person get a deal like that if they screw up? Oh yeah, college and pro coaches.
3 comments:
Yo... Weirdos!! What's up with the MASTER'S TRIP?? During this time of finacial abundance I have accumulated a nice tidy sum of $7.00 in my CD (singular). I would like to now send my first payment for our trip. To whom do I remit said payment? Of course, the recipient is bonded, Right? We will investigate prior to any exchange of funds. I hear ticketmaster has tickets posted for this event @ $12.00 each day.
I have never understood the faith that folks put in their broker and the entire Wall St. influence on our world. If Merill Lynch, Lehman, Goldman etc. are soooo sure of what I should do with my money then why are they sooooo screwed up with their own money?
Investment firms and brokers only make money if someone buys or sells a share of stock. They recommend SELL one month and then 6 months later BUY the same stock. They tell yoou not to put all your eggs in one sector but they ALL put their eggs and hens into mortgages. Hmmmm why don't they follow their own advice and diversify?
Good old Buffet puts his money in cash rich companies and then rides with them through thick and thin. He dropped out of the Wharton School because he said there was nothing they were teaching that he needed to learn. Maybe they need to teach things a little differently.
One last rant, why is a CEO paid a $100 million severance package after he drives the company out of business? Does any other person get a deal like that if they screw up? Oh yeah, college and pro coaches.
you can check the August 12 Blog for details on the Augusta Trip!
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