SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: EL KABONG!!! who wrote (37561)8/30/2003 5:01:03 AM
From: maceng2  Read Replies (1) | Respond to of 74559
 
Interest not paid to a lender is a more viable economic gain than monies made on stocks and bonds, because you don't pay taxes on the money saved...

I would agree entirely but for one thing. For a lot of people, their ability to earn money with a job is reducing. Meanwhile there is a vast amount of trickery in the money system and financial markets. If you abstain entirely from the game, and say just earning minimum wage, you will be exploited for sure.

I liked US Grants quote on such matters..

"The will of the people is the best law."

dropbears.com

Screwing with elections is one way of doing it. Investing in the right places is another.

I would always try and keep a little money in the markets. My little contribution to the way things should be -g-



To: EL KABONG!!! who wrote (37561)8/30/2003 10:50:14 PM
From: RealMuLan  Respond to of 74559
 
The average credit card debt for a high-school graduate is bet. $2,000-3,000 in the US. A lot of them can hardly find a decent job to return their debt in a short period of time. A lot of them will go to college and continue to accumulate thousands of dollars of debt.