Make it cheaper for everyone else

Anyone keep up with the market??? :readng: I have been thinking about getting into it, playing with a few stocks. Then I read stuff like this http://www.bloomberg.com/apps/news?pid=20601087&sid=aSOAwvW0s91E&refer=home and makes me :skep: a little uncertain. Then yesterday I was reading that the Home market is shaky too...

I'm pretty heavily invested into emerging markets. It has done well so far.

Read the Rich Dad Poor Dad books by Robert Kiyosaki. If you are really serious start attending seminars. My parents are closing their landscaping business in three weeks when they finish a big job (50Kdollars) and going to start investing full time. Seminars are really expensive but they have learned a lot in order to not get torn up.

Sub prime melt down stung alot of lenders (not just the Ditech's and Countrywides either Fannie Mae and GM's mortgage division took a hit too), next year it will be heavy losses in the unsecured credit industry, credit card companies and the like. Oil is high, jobs are stagnant, home values are dropping. I figure next spring is a great time to get in as it bottoms and then ride it back up to sell and convert to a secure type of investment. Score quick, score big, then get out.

I guess it just depends on what market you get into. I will do some more research and find out more.

Your just now finding out about the shaky at best housing market... Emerging is a great place to have cash right now, but stay away from China...you will start seeing a anti-china push soon..

1 of my investments is FIDELITY SELECT SOFTWARE & COMPUTER. I'm up over 87% since I bought 3 years ago. Better than any home has ever appreciated.

So many people bitch about gas prices when instead they could reap the benefits and invest in one of the energy companies. Exxon has been guaranteed gains for the past five years. Of course, that wouldn't be the best place to invest...

Been heavy into overseas markets last few years, made killing ;) Buy overseas funds, or look for American companies with huge overseas markets. When you see earnings reported by Coke, Intel and such most of profit is coming from sales overseas. America's huge debt under Bush has caused American dollar to sink in value. Plus Bush administration ignored sub prime problem so few could make $billions. If interest rates are cut American dollar will sink lower to other currencies. Since oil is traded in American dollars, oil prices will rise. Sub prime problems are just starting to effect Americans. All those Americans who used their home equity as credit card will not be buying, new cars, washers or remolding their homes. Job cuts in high paying jobs in banking, real estate, construction are starting to happen. Bush's war has screwed American's for years to come. America's economy growth rate is lowest of any industrialized country. Americans better wake up, America is heading down hill fast.:cursin:

America's economy growth rate is lowest of any industrialized country. Americans better wake up, America is heading down hill fast.:cursin: only down hill if we follow you line of though

I have to agree with jetskifast on the direction we are headed economically but really don't blame the Bush administration. Really this perfect storm has been brewing for decades. The world economy, America's dependence on imports, growing national debt. Lots of administrations have failed to address the problems, both Republican and Democrat. The basis for 2/3 of our economy was consumer spending. Corporations have reaped the benefits for years without significant contributions back into the population, so it has to be a reckoning. A redistribution of wealth. Last year 1% of Americans earned 20% of the nations income. Been that way for decades. Until that 1% pass it on or put it back into circulation you will have a problem.

Yea, I think the proof is in the pudding. The US $ doesn't hold as much value as it used to.

America is ones of the youngest countries in the world, the most powerful, and one of the riches. If the other older countries are so much better why do they buy so much **** from us? Why does about every other country in the world OWE the USA so much money???? And if you think you could live the same life you have here in another country I would like to see you try it. You will be so disappointed. :cheers:

Check your data Playful. Trade deficeit, TRILLIONSof dollars (US) in national debt to other countries. Google one of those and let me know what you find.

Check your data Playful. Trade deficeit, TRILLIONSof dollars (US) in national debt to other countries. Google one of those and let me know what you find. I know of the deficet, I also know what I said is true :lol:

America is ones of the youngest countries in the world, the most powerful, and one of the riches. If the other older countries are so much better why do they buy so much **** from us? Why does about every other country in the world OWE the USA so much money???? And if you think you could live the same life you have here in another country I would like to see you try it. You will be so disappointed. :cheers: Ummm we import a lot more than we export. :skep:

I know of the deficet, I also know what I said is true :lol: Last sentence is true. Or else I (and everyone else with sense) would be living elsewhere. But your supporting arguments are wrong. We do import (buy) more products from other countries. We owe the rest of the world trillions of dollars. We have the best system so far, but we have also burned through more wealth in a shorter time than any country before us. Yes the world owes us a debt of gratitude for derailing the Nazi's and taking on communism. It owes us for policing the world (like suckers) for years, proping up the United Nations and rushing aid to everyone and his dog (while borrowing from them to do it).

Try this http://www.brillig.com/debt_clock/ or this http://www.americaneconomicalert.org/ticker_home.asp

My M/M account was up $1.63 per share this morning.:D

Ummm we import a lot more than we export. :skep: we may, but do we have too? We have our own oil, but dont use it. We think we need only the best n dont think what is made here is good enough so its imported.

Shame is, We have to now. America was much better off back when we only consumed that which we produced. The last 60 years have been spent reducing our production due to exporting our manufacturing for better return on investment. Ie cheaper labor. If we cut off imports now or raised tarriffs no one in our country could purchase anything due to inflation. We would have little to buy until we could build new factories that don't depend on out sourced parts.

we may, but do we have too? We have our own oil, but dont use it. We think we need only the best n dont think what is made here is good enough so its imported. We import because the much of the imported oil is cheaper; partially for legal reasons, but also because of the low quality of much of our crude oil. It costs money to remove excess sulfur and other impurities. Canada supplies more of our oil imports than any other country, so that's good.

Shame is, We have to now. America was much better off back when we only consumed that which we produced. The people who were dying of now-curable diseases, living in dirty environments, working in dangerous conditions for little pay, and lacking any form of comfort would likely disagree were they alive today. :lol:

I said we would be better off not the whole world!!!:slol: US workers (and the unions) wouldn't put up with any of those conditions today.

Read the Rich Dad Poor Dad books by Robert Kiyosaki. :iagree: Great advice, Great book. Definately give it a read. oh. btw. :whore: ftw