More Great Economic News
- Thread starter sandy
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It makes you crazy that I'm hot, smart, rich, and happy, doesn't it? And the fact you will NEVER have a chance with me.
Gold going up means if I sold mine for $859 today after only paying $400 for it, I would have done VERY well.
Well, you're a part of a rich elite that lives in guarded enclaves, views narrowly targeted and biased media, and have no idea what's going on with the average American. Your personal economic view is therefore irrelevant.
Huh?
So, more excuses ?
Anyway, I've been looking at you and you are a real turn-on. Have you any pics of you naked and holding a bible in front of you know where ?
My personal economic view is irrrelevant because I am successful? WTF?
I see the "average" American making VERY bad decisions. They could get out of their average rut by following a few simple guidelines, but they don't. Many have kids they can't afford, run up their credit cards, buy homes they can't afford, spend way too much on junk food, and live way beyond their means. Not smart.
It makes you crazy that I'm hot, smart, rich, and happy, doesn't it? And the fact you will NEVER have a chance with me.
Gold going up means if I sold mine for $859 today after only paying $400 for it, I would have done VERY well.
That's not a fair comparison. You got your when prices had bottomed out during the CA goldrush.
Not because you are allegedly successful, but because you are out of touch.
Just like I got into the stock market when it was at 3000. It's called wise investing/decisions. There's nothing fair or unfair about it. If the people on here would start making wise decisions, they could be rich too--especially the young people.
Bullshit. The market is guaranteed to go up within a period of 10 years. However, most people don't have quite enough money to lock in any considerable amount for that long.
I like it. Rich beyond the dreams of avarice. Be careful you don't get chucked out of the temple. For my part I have plenty with my loaves and fishes
lol.......160,000 NOW is not worth as much as 140,000 THEN......the VALUE of the dollar is in DECLINE.......meaning that it takes MORE $$ to have the same VALUE it used to have.
edit: after reading verious other responces of yours.....I have personaly come to the conclusion you were just born into a wealthy family and your networth has nothing to do with your personal success in the stock market. Its obvious to me just by your understanding or lack there of, of how money works.
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For that to be true, the rate of inflation would have had to exceeded the rate of gain. I don't know the time elapsed between the two values, but if it is anything less than a year, certainly it is an increase in value, in spending power.
Wasn't the CA goldrush about 1841 ?
the point I was trying to get across is that you need more $$ now to have the same value as before since the dollar is reducing in value.
This is a thread about good economic news, not homelessness. Please quit trolling it.
Sandy, understand something... I can buy and sell you a thousand times over but I'm sure I'd lose money on my investment.
Yesterday, Gold sold for 500 and the dollar was worth 1.10.
Today gold sold for 897 and the dollar is worth .47.
Can you understand how your percived gain is really a loss?
Sure, the dollar is reducing in value relative to other currencies, and if you're constantly traveling and exchanging your money, then certainly this past year has been brutal for exchange rates against the dollar. But if you live in the U.S., and you've had a $20,000 increase in your investment, you've done well. Certainly it's too early to calculate the total CPI % increase for calendar 2007, I think it will be released on Jan. 16th, but if you look at where it is relative to Nov, 2006, it looks like it's going to be about 4.5%. Not great, but certainly not horrible either.
Believe it or not, many materials are considerably cheaper today than they were a year, or two years ago, post Katrina.
How about paying for imports other than cheap stuff from China ?
Is that a question?
That $20k profit was just for one month. I was not born into wealth. I am self-made. So are most of my friends. You don't have to be an economist to understand what I've done. It's really not that hard.
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