United Socialist States of America? Not Quite [View article]
Ever been to a third world country? Want to live there without your money? Oh BTW, I lost more investing in Foreign investments than US funds. We've got it SOO good here! And 98% of the population is too ignorant to realize our worst problems are miniscule compared to 75% of the world's population where they worry about eating not what to wear each day or what new car to buy.
On Jan 01 08:49 AM kotika98 wrote:
> hmm.... all true, but what is the relevance to current events?<br/> > > How about this - last year, around October, i became certain that > people all around me in China and Russia would lose 70-80% of their > money in the stock market - and i turned out to be right. But US > markets lost 40%, and with a bit of bad luck i myself lost 60%. So > how am i smarter than them, or how is the US a better place to invest? > At least, in a good year you can expect the chinese or russian market > to double, something you are not gonna get in the US. > > And so i am really wondering. And besides the best place to live > (US?) may not be the best place to invest (BRIC?).
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Ever been to a third world country? Want to live there without your money?
Jan 01 09:17 am
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All Comments by jlifer »United Socialist States of America? Not Quite [View article]
Oh BTW, I lost more investing in Foreign investments than US funds.
We've got it SOO good here! And 98% of the population is too ignorant to realize our worst problems are miniscule compared to 75% of the world's population where they worry about eating not what to wear each day or what new car to buy.
On Jan 01 08:49 AM kotika98 wrote:
> hmm.... all true, but what is the relevance to current events?<br/>
>
> How about this - last year, around October, i became certain that
> people all around me in China and Russia would lose 70-80% of their
> money in the stock market - and i turned out to be right. But US
> markets lost 40%, and with a bit of bad luck i myself lost 60%. So
> how am i smarter than them, or how is the US a better place to invest?
> At least, in a good year you can expect the chinese or russian market
> to double, something you are not gonna get in the US.
>
> And so i am really wondering. And besides the best place to live
> (US?) may not be the best place to invest (BRIC?).