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To: John McCarthy who wrote (21276)9/17/2006 6:25:37 PM
From: tyc:>  Read Replies (1) | Respond to of 78408
 
One of my idiosyncrasies (I have many) is that I treat all my stocks as currencies, and currency as just another stock, albeit a DOG. However I acknowledge that every dog has its day, so I am careful !.

I take this attitude because I am committed to the stock market in my investment activities.



To: John McCarthy who wrote (21276)9/18/2006 2:40:50 PM
From: TheSlowLane  Read Replies (1) | Respond to of 78408
 
John - according to Robert ("Rich Dad, Poor Dad") Kiyosaki, the USD ceased being money and became a currency when Nixon severed the connection between the USD and gold. In his view, currencies are paper that are created and controlled by governments whereas money has intrinsic value (i.e. precious metal or paper that is exchangeable with precious metal at a fixed rate).


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