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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (65137)7/23/1999 10:34:00 PM
From: JF Quinnelly  Read Replies (1) of 132070
 
Last summer a couple of 30-somethings were standing in front of me in the grocery line, discussing their financial wiles. Seems that they were maxxing out their credit, in bankcards and home-equity lines of credit, and were plowing everything they could get into mutual funds. The only limit was how-much-credit could their incomes finance... if these wizards weren't scared by last fall's little tumble then I'd bet their conviction has only been re-inforced. Leverage is King.
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