I wished Kenny Boy had an RSS feed to his articles. In his latest articles, it is about the stock market taking a plunge.
As a seasoned investor and pissed off consumer who doesn’t have a god-damned penny to spend on luxury goods because of the think tanks behind TPTB and pals, this current economic depression, not recession – double dip or not – is a good opportunity for those who have FAITH in the capitalistic market system, which can and shall be self-correcting, much like a Machiavellian dictator trying to do her best to right the wrong on a personal level of accountability and responsibility. It’s time to make a big buck the HARD WAY.
Anyway, it is hard to become independent of others, especially when money re-circulates upon itself. Let me put it simply to the best of my uneducated mind-set: A government loans private sectors. Businesses put out products and services. Taxation at every area imaginable returns to the government for spending domestically and internationally. And the cycle continues with debtors and creditors trying to work out the best deal.
When I opened up my primary brokerage account many years ago (as referred by an ex-boyfriend/spook), I tried and didn’t like pooling my minimum wage/salary into mutual funds. Retirement accounts and CDs didn’t fair well either. However, investment in growth stocks had good earnings. But taxation would always eat up a good chunk. And cash was and always is liquid but not valuable anymore.
In one of my phone call conversation to the brokerage service and as a novice investor, my aggressive nature wanted to invest internationally, if not speculatively. And that is how my finances snowballed. Fast forward over 11 slong years later, I still have FAITH in the system, which I bought so long ago. My long-term goal is currently VALUE.
Again, without these “close encounters,” I would NOT have had a better understanding of the world and how difficult it is for those more responsible entities to manage all aspect of commerce. I’ve come to appreciate how there are MANY ways to cope in an uncertain environment and not around the system.
But with each other in some specially treated way, fear of the unknown can be overcome: after all, investing does take risks — again it’s a leap of FAITH.
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