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Pastimes : Alan Greenspan MUST GO:
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To: chojiro who wrote (300)3/21/2001 12:12:06 AM
From: Master (Hijacked)  Read Replies (1) of 494
 
"if you are carrying a credit card balance you should NOT be invested in the stock market. "

Of all the bullcrap I read on these boards, yours must be the most stupidest assinine comment I have ever come across. What does carrying a credit card balance have to do with investing? If a businessman were to apply your brilliant logic he/she would never start a business. A homeowner would likely never buy a home. Your state would never build a hospital. And your city would never build a bridge to get you off your little island. Since when has being debt-free become a requirement for investing?

Now, let's look at your situation. Someone as pompous as yourself is most certainly debt-free. Would you say that you are better off financially today as compared to last year? Would you also say that we should simply follow those in public office without ever questioning their judgement(or lack of)? Ohh...and while you're at it, since you probably are an economist, would you mind explaining how the destruction of the markets will benefit Americans?

"After you pay that off and get some money in the bank than you can think about investing."

BTW, your second piece of brilliance also sucks. I know many many people who were debt free and HAD money in the bank up until last March when the markets collapsed. They may not be in debt (yet) but they sure as heck don't have that money anymore.
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