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Invisible wrote:
>>> I find myself really wanting to believe that human kind isn't that
>>> stupid. But.....
>>
>> abject pessimism always makes you pleasantly surprised. Just expect
>> the worst out of people, and you'll be amazed when somebody does
>> something smart.
>
> LOL! Nice...
>
> I always seem to expect other people to be smarter than me, and then
> feel dissapointed when they aren't. (Which is odd, considering I'm such
> a pessimistic person.)
>
>> I saw this coming years ago, BTW ... When the average family started
>> buying up $250,000 houses, I knew something somewhere was going to
>> fall apart. ->POP<- What was that? I think a bubble just burst.
>
> My pension provider just wrote to me to say that although the current
> situation is looking pretty grim, things should turn out OK in the end.
> The whole "these things happen from time to time, now is not the time to
> panic, etc." I don't know whether to be reassured or dismiss it as
> marketing hype. (Basically they don't want me to close the pension fund
> they currently have the use of...)
got some extra cash floating around...
now is a pretty good time to figure out how to put it into the market -
but then again, you don't know how low it can go.
One better - go borrow a few thousand and put it in the market. Your
collateral is the stocks you own of the company that just went bankrupt.
oh wait.....
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