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DeepValueLover
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Building wealth intelligently and patiently is the most logical and tested route to financial independence. That is my plan and so far, so good! (WARNING: Do your own due diligence and don't depend on me or anyone else on SA to offer sound investing advice. My recommendations are for... More
My company:
The Asset Protection and Distressed Investing Guide
My blog:
Using High Dividend Stocks to Build Income
  • We Need Cash Education, Not Spend Education  0 comments
    Jul 14, 2010 11:06 PM | about stocks: KO, C, BA, BAC, PEP, SNE, MSFT, BP, XOM, WMT, F, SIRI, AA, GME, PLA, MO, M, MA, V, WAG, BRK.A
    Young Americans with little credit history or experience continue to get unsolicited credit card offers in the mail each day.

    Older Americans are turning to plastic to pay older bills (Robbing Peter to pay Paul).

    We Americans continue to consume because our public schools and absentee parents never taught us about the power of cash in ones pocket.

    Our televisions, movies and magazines have taught us well, however: "Buy, buy and buy some more!!"


    Disclosure: Long Common Sense
    Themes: ron paul, peter schiff, roubini, stiglitz, gold, silver, krugman Stocks: KO, C, BA, BAC, PEP, SNE, MSFT, BP, XOM, WMT, F, SIRI, AA, GME, PLA, MO, M, MA, V, WAG, BRK.A
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