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"Lighten up, Francis"

What?! You don't even know me! :D

Consider that if a trader is successful enough they need not do it for that long in order to make enough money to retire and stop trading because of the power of compounding. What you are left with in a place like this is those who either arent successful or are still working on building their...

I don't know why folks get so upset when people post questions like this. If I learned the real odds of a being a successful long-term daytrader was 1 out of 1,000,000 then I wouldn't even try. All this talk about following your dreams is great and all but you need to be realistic and...

Let's see, we already had the Bush-Hitler comparison and now we have sunk to attacking spelling typos. Can this thread go any lower? Perhaps its time to give it a rest.

I was wondering which country he was referring to. "the army" is vague.

Probably not but you haven't given enough details nor defined what you mean by "right" to give a real answer.

How ridiculous. Children get killed in car accidents everyday and everyone but the children's parents do think exactly what you seem to be suggesting is incorrect "People need to use cars and accidents are a logical consequence". The fact that the childrens parents emotions overwhelm...

And the US is different from other country's histories exactly how? This kind of debate is pointless. You can always find plenty of folks to criticize what US has done and what it has failed to do or should have done instead. Its so easy to do. The things that motivates the US are the...

I'm not saying I disagree with your approach but I think your premise about nuke retaliation begs a question : when a suitcase nuke is detonated in downtown DC, NYC or LA what country are you going to nuke to retaliate? Assume Al Qaeda takes responsibility (credit) for the attack. How much...

You don't know what I believe although I'm sure you think you do with your elitist attitude. I'm still waiting for your solution for the Iranian nuke issue, your attempts to hijack this thread notwithstanding.

So in summary, you join this thread, throw insults & tell everyone they don't know anything because they believe the propaganda of US mainstream media. Then by your own admission attempt to spread your own propaganda with your pointless link to dead bodies which means nothing unless someone...

LOL, you clearly don't know the definition of propaganda.

No, I'm saying that creating a web site showing the dead bodies and you posting a link to it is propaganda. Regardless it still is. Everyone knows that lots of people have died in Iraq - there is nothing in your link that provides any new information or furthers your position. Its simply a...

Let's see what the total sum of your contribution on this subject has been: profanity & name calling, a link to a site showing dead and injured people and then claims that everyone else but you is sufferring from propaganda with the implication that you know the "truth" that everyone else here...

Yea its perfectly clear that if we just sit back and do nothing the world will be one big happy and peaceful place.

And what's worse, the rate changes every 6 months thereafter (and I dont see any details on the maximum adjustment per change or lifetime cap). Looks like the perfect way for someone to get in over their head by qualifying for a loan they can't afford.

I respectfully disagree.

As with stocks you also have to consider transaction costs. Its very expensive (at least where I live) to buy and sell real estate. RE agent commisisons, taxes, title insurance, etc... really takes a big bite.

I can't speak universally because there are always exceptions but normally (with the traditional mortgages I am familiar with) the homeowner owes the $100k. However if someone is foreclosed on its usually because they have no money and thus the $100k is written off - but the bank will go after...