Search results

Obviously you're a young person. The condition you're describing is commonly known as idealism. Don't worry as you mature and gain wisdom it is extremely likely that it will go away on it's own.

For starters you don't need bank lending to buy a house. The mass majority of home mortgages are FHA so in effect you're money is being lent to just about anyone who wants to buy a home. On the other hand, I just got a mortgage with 3% from a local bank with no problem at all. A friend of...

Since when did having 500K make someone rich?

Hey, those are the same reasons(in reverse) I read your posts.

Correct. I believe there's more than a few employees too.

Most are in the Chicago subs and further to the west.

I spent most of the day thurs with a guy who owns 240 apt buildings. His collection was started in 1933 by his grandfather and passed down from his dad. This month he plans to close on 20 more buildings and he's paying 100% cash. I don't know if he's right or if he's out of his mind but one...

Easy. You make youself an employee of the company therefore paying taxes like any employee. People in the construction business up north do this because they're often out of work in the winter, but they can collect unemployment until it warms up enough to work again. Btw, with respect to...

Maybe I should have worded that different. I probably should have said, "I could live for under $2500/mo". The truth is we spend a boatload more than that. Yes, we live a pretty nice life, but if the income wasn't there for some reason we could still live pretty well for next to nothing...

Once you start talking about a house as an investment or in terms of an investment you've totally missed the point of homeowership. The same thing goes for those who think of a mortgage as "good" debt. Get your house paid for as quickly as you can. As others have already pointed out until...

People will still spend. Heck, last year this time there was far more fear than there is now, imo. On top of that, so far, the consumer has held up much better than most anyone predicted. I'm surprised myself. Don't forget, those 401Ks and IRAs have recovered nicely too so people feel a...

I'll say this much, the work programs built some good shit back in the 30's. I looked at a park district building about a month ago that was built like a rock using some of the biggest pieces of Limestone I've seen. The craftmanship was really excellent. I don't know how good a deal it was...

Ummm, so far thats been a pretty good catalyst. I have no idea when it all ends, but you need to learn from this and the lesson is that just because something is ridiculous doesn't mean it can't get much, much more ridiculous. And don't delude yourself into thinking that your so smart that...

You find it interesting that a site called Elite Trader would focus on trading, huh? Wow! You must be shocked and amazed on a regular basis..LOL!

You an angry man. Just trade it. Profits will make you feel better.

Well in case you didnt notice that didn't happen.

Liar:)

Should be?...LOL! And just how much money does one make trading based on what "should be"..Too fucking funny. News flash! GS didn't fail, they ain't going to zero, and nobody gives a shit what you or I think.

At what point do you 2 stop ignoring the fact you've been dead wrong?