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To: long-gone who wrote (45064)11/16/1999 10:40:00 AM
From: SwampDogg  Read Replies (1) | Respond to of 116753
 
<<On the subject of the stock market, when asked what the market is referred to when it's going up, six percent said a moose. Another eleven percent said a bear and 12 percent a tiger. Forty-four percent didn't know. Only twenty- six percent had the right answer -- a bull market.>>

I would have gotten that one wrong too; I would have added one syllable after bull.



To: long-gone who wrote (45064)11/16/1999 1:56:00 PM
From: Richnorth  Respond to of 116753
 
Yea, you are right in that kids should be taught a proper course in money management and investing.

Most kids I know work these days (usually at the expense of their studies and grades) to earn some pocket money

1. to keep up with their peers (i.e., "keeping up with the Joneses")

2. for cigs (even drugs), booze and broads and bright lights

3. for stereo systems and Cds

4. for cars/jalopies and other odds and ends

5. to be able to afford staying in lodgings away from home to avoid the watchful eyes and strictures of their parents. Of course, there are some unfortunate kids who are obliged to earn their living as a result of their family having become "dysfunctional".

However, I think all of them will do well to visit

brillig.com,

contemplate their collective debt and study the slew of info/data there as one of the first steps towards taking action to help themselves.