Learn something important about finances....and your life...

[ilikegurlz]

PeaceGuy,

The Governments did not create the central banks...the PRIVATE BANKS CARTEL created central banks...beholden to no governments...

On a side note that I DO NOT WANT THIS THREAD TO BE HI-JACCKED BY...

The price of limes in my town is $1.30 FOR ONE LIME!!!!

I read today that the Mexican drug cartels are hijacking and extorting the Mexican lime suppliers...

Only 4 months ago a case of Mexican limes cost $40...Now they cost $180...

This may be a good analogy for an example of a Monopoly on a certain product...Limes...or US Dollars...

 

[sevenofnine]

I think the real problem is greed.

What do you need a billion dollars for, that is billion with a b.


As just being a regular guy, I look at my finances and I am ok. Nothing special but ok, average Canadian, can do pretty much a hell of a lot with my money, now that my house is paid for. I have enjoyed a ladies attentions in this for a very long time, and its not a quickie half an hour or an hour that I book, its like once a week, and i am just a regular joe.

I see a guy with a million and he lays awake at night thinking of ways to spend, it. like what the hell do you need that much money for its just silly. And you multiply that and multiply that, people need so much money for what houses that they use once or twice a year.

It is the greed of all of us that are destroying the way we live.
Not just a banker or whoever.\

And as far as pensions go, I met a couple guys in tears this past month or so crying because there Cpp doesn't cover it all. And one guy doesn't even much of a canada pension.
It really is sad the way this economy is going and old age.
A lot of people with nothing or next to nothing in their old age.

What we are really doing is taking money away from a lot of people and creating a class of very wealthy people. Who lay awake at night wonderin how to spend it all.

 

[UhOh]

Historically in Vancouver homes have been a very good investment.

My Dad bought a house for 243K in 1982. It's on the market for 2 mil now. Too bad his ex wife owns it.

He bought a house in 79 for 90K, it sold for 550 in the late 80's. Probably worth 2-3 mil now.

Houses are forced savings and depending where you are ( certainly in a desirable and growing area like Vancouver ) real estate is a good investment. Ask people who bought in Whistler in the 70's.

Looks good but still underperformed the S&P500 over the same time period.