1. Stocks are cheaper, and unless you have large amounts in the market, you should be glad that you can invest at lower rates. It's not like YOUR portfolio is down huge. Everyone knows that the rich own most of the stock, so who are you fooling.
2. They are saying the market is hitting 1998 levels but as I remember, 1998 wasn't that bad! And I know you've always said, I wish I had a time machine and went back to 1998 and invested in the market before the runup! Personally I'd have went back to 1929 and invested right after the crash then. Hopefully we'll see that level and I won't need a time machine.
3. With all the problems we've been having, this crash is like the icing on the cake that will set the Republicans back at least 20 years. Finally people have something to worry about INSTEAD of terrorists, the economy. And the democrats get higher ratings on the economy. That can be seen in how as the economy started to collapse, they voted in democrats. Unfortunately by then it was too late.
4. Contrary to what anyone says, the stock market doesn't mean your money is worth less. Remember in 1950 a dollar bought you more and the market was much lower then.
5. What's worst is the government propping up the market with dollars creating inflation. Now that the government has learned 700 billion isn't enough, hopefully they'll stop devaluing our currency to bailout companies with failing business models.
6. It's getting harder and harder to get a car, a house (place to live), and a job. But if you are on this board, chances are you have at least 2 of the 3. Not bad if you ask me.
7. I hate to say it but America is reactionary and not proactive. It takes a crisis for people to seriously start looking at the economy. The economy has been going down the toilet for some time now, the U.S. dollar has been on a consistent decline, financial gurus have been putting out warnings and nobody listened. Now here it is and you have politicians being forced to take action. This if anything is the fire under their butts that we need towards alternative fuel sources. Bush doesn't care cause he's about to leave, but guaranteed the next President wants to get re-elected and will try to make this turd shine once again!
8. Gas prices are going down, FINALLY!
9. If you play this right, it's probably 10x more likely that you will retire a millionaire than previously. That's if the stocks you buy up don't file bankruptcy, but still, lots of deep discounts out there.
10. This pushes everyone to be conservationists. Of energy, gas, spending, you'll learn to tighten your budget so when we do get out of these lean times, you'll know what a coupon is. What it's like to skrimp and save and get a haircut every other week than just EVERY week. These are all stories you can tell your kids about just like your parents told you about walking 10 miles in the snow uphill with no shoes on to get to school. You can tell them about how you ate ramen noodles for 6 straight months.
Man up guys is all I'm saying. MAN UP!
2. They are saying the market is hitting 1998 levels but as I remember, 1998 wasn't that bad! And I know you've always said, I wish I had a time machine and went back to 1998 and invested in the market before the runup! Personally I'd have went back to 1929 and invested right after the crash then. Hopefully we'll see that level and I won't need a time machine.
3. With all the problems we've been having, this crash is like the icing on the cake that will set the Republicans back at least 20 years. Finally people have something to worry about INSTEAD of terrorists, the economy. And the democrats get higher ratings on the economy. That can be seen in how as the economy started to collapse, they voted in democrats. Unfortunately by then it was too late.
4. Contrary to what anyone says, the stock market doesn't mean your money is worth less. Remember in 1950 a dollar bought you more and the market was much lower then.
5. What's worst is the government propping up the market with dollars creating inflation. Now that the government has learned 700 billion isn't enough, hopefully they'll stop devaluing our currency to bailout companies with failing business models.
6. It's getting harder and harder to get a car, a house (place to live), and a job. But if you are on this board, chances are you have at least 2 of the 3. Not bad if you ask me.
7. I hate to say it but America is reactionary and not proactive. It takes a crisis for people to seriously start looking at the economy. The economy has been going down the toilet for some time now, the U.S. dollar has been on a consistent decline, financial gurus have been putting out warnings and nobody listened. Now here it is and you have politicians being forced to take action. This if anything is the fire under their butts that we need towards alternative fuel sources. Bush doesn't care cause he's about to leave, but guaranteed the next President wants to get re-elected and will try to make this turd shine once again!
8. Gas prices are going down, FINALLY!
9. If you play this right, it's probably 10x more likely that you will retire a millionaire than previously. That's if the stocks you buy up don't file bankruptcy, but still, lots of deep discounts out there.
10. This pushes everyone to be conservationists. Of energy, gas, spending, you'll learn to tighten your budget so when we do get out of these lean times, you'll know what a coupon is. What it's like to skrimp and save and get a haircut every other week than just EVERY week. These are all stories you can tell your kids about just like your parents told you about walking 10 miles in the snow uphill with no shoes on to get to school. You can tell them about how you ate ramen noodles for 6 straight months.
Man up guys is all I'm saying. MAN UP!