Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 137.34

+0.8%

Feb 6 9:30 AM EST

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To: Keith Feral who wrote (109897)	12/26/2001 1:57:16 PM
From: pcstel	Read Replies (5) of 152472

Keith: "I see your point. However, what's the purpose behind investment - to make money. What are we supposed to do with money - spend it." Holy Cow! You mean I have had it wrong all these years? I have always lived by the concept of that the whole purpose behind making money... Is to make more money! Only so much stuff that someone can acquire. And when you realize that.. Heck, I can buy 6 of those Mercedes with the money I have, but why would I want to? They GO DOWN in value! Better to stick with my 1998 Chevy Blazer that I paid $1,900 for. I can only lose 1,900 dollars on that one. If you read the book... "The Millionaire Next Door" you will find out that it generally takes someone with who is a bit eccentric to acquire and "maintain" financial affluency. After all.. The papers are full of "Overnight Millionaires" via lotteries that end up broke a few years later. Spending money is actually one of the things I enjoy least. Growing one's net worth is much more enjoyable. After all... It soon just becomes a "Numbers Game". When "the numbers" go up... You enjoy it more.. When "the numbers" go down you enjoy it less! Spending money makes the numbers go down.. Enjoying a comfortable, not extravagant lifestyle is the key IMO. Making money if all about financial security... Not how much stuff you can buy! At least it never has been for me! Happy Holidays, PCSTEL

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