Forum Replies Created
-
AuthorPosts
-
Aecetia
ParticipantSDR-
I don’t know if you noticed the article in the UT by Lew Sichelman or not, but it mentioned a program developed during the depression called the Home Owners’ Loan Corp. (HOLC). Do you think if the slump continues the Feds. will try something similar to save the economy? To quote the article, “Back then, about half of all mortgage debt was in default. Unemployment had reached 25%, thousands of banks and savings and loans had failed and annual mortgage lending had fallen by some 80%.” So we are not even close to those times currently, but we were not in a war in the 30’s either…. Just curious as to what an expert thinks will happen to speed the recovery. Thanks.
Aecetia
ParticipantSDR-
I don’t know if you noticed the article in the UT by Lew Sichelman or not, but it mentioned a program developed during the depression called the Home Owners’ Loan Corp. (HOLC). Do you think if the slump continues the Feds. will try something similar to save the economy? To quote the article, “Back then, about half of all mortgage debt was in default. Unemployment had reached 25%, thousands of banks and savings and loans had failed and annual mortgage lending had fallen by some 80%.” So we are not even close to those times currently, but we were not in a war in the 30’s either…. Just curious as to what an expert thinks will happen to speed the recovery. Thanks.
Aecetia
ParticipantRetirement planning:
“If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1,000.00 worth of Delta Air Lines stock you would have had $49.00 left
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, You would have had $214.00 left.
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan”
Aecetia
ParticipantRetirement planning:
“If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1,000.00 worth of Delta Air Lines stock you would have had $49.00 left
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, You would have had $214.00 left.
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan”
Aecetia
ParticipantRetirement planning:
“If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1,000.00 worth of Delta Air Lines stock you would have had $49.00 left
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, You would have had $214.00 left.
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan”
Aecetia
ParticipantRetirement planning:
“If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1,000.00 worth of Delta Air Lines stock you would have had $49.00 left
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, You would have had $214.00 left.
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan”
Aecetia
ParticipantRetirement planning:
“If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1,000.00 worth of Delta Air Lines stock you would have had $49.00 left
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, You would have had $214.00 left.
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan”
Aecetia
ParticipantIf you take the promotion will you be eligible for overtime? This is a consideration. Which position is most immune from the vagaries of the market? Is either bullet proof or could you lose your job in a worst case scenario?
Aecetia
ParticipantIf you take the promotion will you be eligible for overtime? This is a consideration. Which position is most immune from the vagaries of the market? Is either bullet proof or could you lose your job in a worst case scenario?
Aecetia
ParticipantIf you take the promotion will you be eligible for overtime? This is a consideration. Which position is most immune from the vagaries of the market? Is either bullet proof or could you lose your job in a worst case scenario?
Aecetia
ParticipantIf you take the promotion will you be eligible for overtime? This is a consideration. Which position is most immune from the vagaries of the market? Is either bullet proof or could you lose your job in a worst case scenario?
Aecetia
ParticipantIf you take the promotion will you be eligible for overtime? This is a consideration. Which position is most immune from the vagaries of the market? Is either bullet proof or could you lose your job in a worst case scenario?
Aecetia
ParticipantI believe Puebla is considered Leucadia, at least by the locals and there used to be gang activity there in the 80’s.
Aecetia
ParticipantI believe Puebla is considered Leucadia, at least by the locals and there used to be gang activity there in the 80’s.
-
AuthorPosts
