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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (42299)12/1/2003 3:12:27 PM
From: Canuck Dave  Read Replies (3) of 74559
 
Ok Jay, you show us where we can make a decent living producing something "real", and we would do it.

In a flash.

In a Mexican minute.

I used to do renewable contract science, and after 1988, one of the things which happened was they could get Russian emigres to do the work a lot cheaper.

Better, too, LOL. I was way ahead of the times.

Lacking the security of a full time position, my contracts began to get crummier and crummier, There were no benefits, sick days, dental plans or anything associated with the job, and one day I woke up to the fact that when I got old, I would have buttkis. No pension, nada. THAT, for trying to put something back into the system rather than ripping off as much as I could as fast as I could.

I think I became a Nazi on that day.

On the other side of the coin, we have a mixer made in the US in 1942. It was a wedding present from my mother-in-law's wedding. The thing is still as good as new. Smooth as silk. There was a time when America made fabulous stuff. I would have been proud to have worked for such a company.

My kids tell me I should assuage my conscience by noting that the stock market success allows others to make a living. That's really comforting, and I do confess I like the expensive ports.

Speaking of supporting people, the guy building my deck showed me an offer sheet he got from a Florida based options trading company guaranteeing to triple his money within a few weeks. He was kind of excited and asked me if I thought it was a good investment.

I have to fight my excitement every time I am tempted to go over to the "dark side".

"Sell me your soul, but do you really want to unload it so cheaply?"

CD
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