Thread: Working Hard......
01-11-2006, 11:13 AM #1
Just popped 3 grand by shorting GM........that was working hard for a living......Thank God for Scottrade
01-11-2006, 11:15 AM #2Originally Posted by Badgerman
"shorting Gm" ?
01-11-2006, 11:19 AM #3
Sell short.......but you have to be willing to risk alot........
01-11-2006, 11:20 AM #4
01-11-2006, 11:25 AM #5
Ok, I got ya.
I'm not into the stock market, got a 401k that's about it.
I guess you could say that I'm one of the working class stiffs that you talk about.
01-11-2006, 11:26 AM #6
I think the point that you are tyring to make is the way to make real money is by having alot of money, buying selling, noting that working class stiffs have almost no chance at getting rich?
01-11-2006, 11:33 AM #7
That's kind of the truth........the market is just a roulette wheel for the wealthy........
01-11-2006, 11:34 AM #8
You know the insurance industry started with the wealthy Brits betting on whether the ships would return.......everythings a bet for the elitists.
01-11-2006, 11:40 AM #9
401K......created for the brokerage industry.......investment bankers.......another way to rob the middle class.......just keep thinking you are doing the right thing.......
01-11-2006, 11:42 AM #10Originally Posted by Badgerman
I watched a PBS special about that, you're absolutly right.
01-11-2006, 11:43 AM #11Originally Posted by Badgerman
With the amount that I spend on child support each month, it's impossible for me to really get ahead, only 4 more years........
01-11-2006, 11:46 AM #12Originally Posted by Badgerman
My uncle started off with a timber business, took the capital from that business and got rich by buying and selling land, houses, etc.
It can be done, just takes alot of hard work, and luck.
01-11-2006, 11:53 AM #13
Real estate can be good......hang around your uncle and learn how to make money.......how to make money stick
01-11-2006, 11:54 AM #14Originally Posted by Badgerman
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