Home » xyzzy » Dungeon » Peterson
Re: Peterson [message #56048 is a reply to message #56046] Wed, 15 December 2004 13:00 Go to previous messageGo to previous message
Manualblock is currently offline  Manualblock
Messages: 4973
Registered: May 2009
Illuminati (13th Degree)
How many shares can I buy for 13.67$ ? First I need to break the pig. You will get a check from the govmt. There is no other way. What do you do with the guy who participates dutifully for 25 yrs until he is 42 then has a heart attack?? As an investor you know that the miracle of compound interest doesn't kick in until after 30 yrs. So that guy does .. what; starve?
What happens if there is a protracted cyclical downturn 5 yrs. before you have to retire? Live off the land? You know if everyone starts a business who do they all sell to? Each other. No one in the U.S.A. is saving the amount of money they would need to live a decent life for 25 yrs. from age 67 to age 87. If you require 80k to survive and we all will soon, thats 20 yrs x 80k. To save that much would mean 30% of everyone's yrly net salary. for life. Thats assuming you are consistantly employed without a break or layoff or illness. At the end of the week we are lucky to have 100$ left.
The money guys have the propaganda machine rolling full tilt on this one.

 
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Previous Topic: suspect Christmas Humour.......
Next Topic: It's a wonderful life.....
Goto Forum:
  


Current Time: Mon Nov 25 02:41:51 CST 2024

Sponsoring Organizations

DIY Audio Projects
DIY Audio Projects
OddWatt Audio
OddWatt Audio
Pi Speakers
Pi Speakers
Prosound Shootout
Prosound Shootout
Miller Audio
Miller Audio
Tubes For Amps
TubesForAmps.com

Lone Star Audiofest