Anyone else NOT been affected by the economy? (user search)
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  Anyone else NOT been affected by the economy? (search mode)
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Author Topic: Anyone else NOT been affected by the economy?  (Read 6656 times)
Хahar 🤔
Xahar
Atlas Legend
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Posts: 41,707
Bangladesh


Political Matrix
E: -6.77, S: 0.61

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« on: December 02, 2008, 02:22:20 PM »

Not really affected in any meaningful way. Both my parents just got raises.
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Хahar 🤔
Xahar
Atlas Legend
*****
Posts: 41,707
Bangladesh


Political Matrix
E: -6.77, S: 0.61

WWW
« Reply #1 on: December 02, 2008, 07:03:21 PM »

The portfolio I made in 2004 out of my summer work money began with $3500, rose to $5620 in mid 2007, and is now worth a whopping $2,016. My college fund is down $95,000. My grandfather's estate is down $950,000. Other than that, we haven't been affected at all!

You were able to lose that much money?
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Хahar 🤔
Xahar
Atlas Legend
*****
Posts: 41,707
Bangladesh


Political Matrix
E: -6.77, S: 0.61

WWW
« Reply #2 on: December 05, 2008, 09:43:31 PM »

The idea that there is no significant investment done outside of the elite is complete nonsense.

Approximately 50% of all American households own stock thanks to the spread of 401(k) plans.

Yeah. And in Sweden it's everyone, since we get to invest part of social security savings privately.

Which government introduced that?
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