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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: ChrisJP who wrote (6357)	6/27/2002 3:06:53 PM
From: Jorj X Mckie	Read Replies (3) \| Respond to of 17639

Is it parasitic to borrow money to buy a house or dinner or cloths Do you use a credit card Do you have a mortgage

To: ChrisJP who wrote (6357)	6/27/2002 3:16:42 PM
From: gypsees	Read Replies (1) \| Respond to of 17639

You forget that most of us borrow a house every time we sign mortgage papers. We certainly don't own it...lol.. And.. ask yourself this.. How in the heck else am I going to be able to buy my Viper ifin I don't make a fortune in the stock market??? It does add to our nation's wealth by allowing savvy individuals to realize dreams otherwise not attainable. Just my opinion ;o)... Bet your inbox got a lot of action!!...hehe

To: ChrisJP who wrote (6357)	6/27/2002 3:17:45 PM
From: Shoot1st	Read Replies (1) \| Respond to of 17639

Imagine a world where every lawn mower looked and worked exactly the same....yet, were valued differently at different times...due to their current cutting performance.... now imagine you are a good neighbor....and I need to borrow your lawn mower.... next imagine my brother in law coming over and saying what a great looking/working mower I've borrowed...... imagine I sell it to him....(for sake of argument, we will assume he's not that bright a guy)....and I realize that your mower is at best an average performer..... So, after I've cut the grass, and sold the mower....I now have to return a mower to you.....and in a few days...I locate one that looks exactly like yours, works exactly the same, performs no less efficiently.....and I buy it for less than my dumb brother in law paid me for yours. What's wrong with this picture? Well, with the mower, I've sold something I'm not allowed to sell. But with a stock....I am allowed. I think the only thing that you, as the mower owner could be upset with, is that you did not know my brother in law....and should have done the same deal. Shootieloveshisgrass

To: ChrisJP who wrote (6357)	6/27/2002 3:45:00 PM
From: Alan Smithee	Read Replies (1) \| Respond to of 17639

Geez. I'm a parasite because when I bought a house I borrowed 80% of the purchase price from Wells Fargo Bank, and then several years later sold the house and paid off the bank and made a good profit? You might want to tell the folks over at the major lenders that they are facilitating rampant parasitism.

To: ChrisJP who wrote (6357)	6/27/2002 3:54:29 PM
From: Augustus Gloop	Read Replies (3) \| Respond to of 17639

<<Is it parasitic to borrow a house from someone and sell it (meaning you never owned it in the first place) versus buying one ?" My answer: Yes. :-))>> I see. So your problem is with profit not actually long or short. That would mean the person who takes a job with a company (that he or she never owned in the first place)is a parasite for taking wages from that company instead of buying it and making money. See....in both cases profit is made as a result of time and risk. The person taking on a job gives their time for earnings or profits (as we are all working for our own personal profit in one way shape or form) and runs the risk of not being paid enough or at all - just ask people who worked at enron! In the very same way the person who buys a home with the intention to sell it is also investing time and runs the risk that they may not command as much money for the property if any as the property may not sell. So when you break it down.......you're issue is with profits. Maybe you think it would be better if we all built things and traded beaver pelts for product.

To: ChrisJP who wrote (6357)	6/27/2002 4:17:45 PM
From: Lazarus_Long	Respond to of 17639

You ignore some considerations: Message 17664879

To: ChrisJP who wrote (6357)	6/27/2002 5:08:24 PM
From: X Y Zebra	Respond to of 17639

Does trading stocks (both long and short) contribute one iota to our Nation's GDP ? When the day is done, has a day trader built anything or provided a service of any value to anyone (other than to themselves) ? Well... last I check the IRS still wants their piece of profit long or short. Now what's more productive... trading for profit, (assuming you make one), or being a politician? Do they contribute to GDP? Sure, a slightly different kind, i.e. Gross Demagogue Pulpit) Here, take a look, one of the terrorist IRS agents, taking their bite... musikcity.mus.br As for shorting.... What is wrong with "borrowing a stock" and then give it back? (I know, there is nothing wrong in my eyes), but I would like to know how do you arrive at the conclusion that it is "parasitical" If I succeed, I pay taxes and I am not getting the stock loaned to me for free... I am having to put up capital at risk, (or use margin to do so)... so where is this "parasitical" concept comes from... Here... before answering... think about this: -g musikcity.mus.br