Monday, March 31, 2008

Stop buying!

So someone called into a talk show and was wondering if he should decrease the amount he puts into his 401k. The financial adviser asks why... "Well, the market has been going down lately, so I don't really know if I should risk losing more money."

HELLO!!! Ever heard of the term, buy LOW sell HIGH?!?!?!?! This is the time you should be buying MORE, if anything. Don't let the media discourage you. This is one spending habit that you should always keep.


When someone loses their home because they can no longer afford it, both parties lose. The residents obviously lose their house. The banks lose money by having to sell the house at the lowest price, just to get the darn thing off their hands.

Yet there are these small guys in the corner waiting....they are the bankruptcy lawyers. They are raking in the dough big time, from drafting up the bankruptcy filing to representing banks in court, they are cashing in on other people's hardship.

"I ain't guilty cause, even though I sell rocks.
It feels good, putting money in your mailbox" 2pac

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