[quote]
Asians are generally not good investors, mostly because they lack the investment options in their homelands, so they are not trained to think like an investor. As a result, they lack the good perspective in analyzing the investment options (e.g. factoring in property tax differences between US and their homeland country). The education system results in many PhDs who are experts in their own subject but are idiots outside their own domain.
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LOL.. Although I consider myself fully an American. Check the scoreboard buddy.. When I see a $0 budget, let alone a running budget surpluses instead of running this country into the ground knee in debt…I’ll starting entertaining the idea that majority of americans can manage their finances..
I can’t think of a bigger sense of irony than seeing this country knee deep in debt and folks actually thinking that we’re good at managing our finances.
The majority of piggingtons are NOT representative of the majoriry of american’s view on money..
…and just remember, who invented the “buy now, pay later” mantra…. ‘nough said.
