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March 17, 2009

The stock market, is it a losing bet?

by @ 4:24 pm. Filed under Personal Opinions

I have never invested money in the stock market…and I’m glad I never did. A few years ago, my brother managed to gather about 3 grand that he wanted to invest. He asked for my advice. We both didn’t know anything about investing, but we consulted many online resources, such as The Motley Fool and others. Within this past decade, we have seen 2 financial bubbles burst: The internet bubble which affected me directly by evaporating any chance for landing a job within a reasonable amount of time and the current housing bubble which burst because banks were lending money willy-nilly without giving any thought to one’s finances. This risk was repackaged into securities that started going belly-up as soon as the foreclosures started to happen. With capital now tied up in houses that have been foreclosed and a decrease in buyers, banks are now (more…)

Optician n. One who is extensively trained in the interpreting of ophthalmic prescriptions and applies that knowledge to obtain the optimum visual and safety performance for the patient in a pair of spectacles or contact lenses.

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Friend n. 1. A person whom one knows, likes, and trusts. 2. A person whom one knows; an acquaintance. 3. A person with whom one is allied in a struggle or cause; a comrade. 4. One who supports, sympathizes with, or patronizes a group, cause, or movement.

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