Oh yeah, the bears are in full force on Wall Street. Better be careful before you get devoured. Personally, I hope it all just fucking crashes. All these idiot CEOs and their short term profit mentalities. This quarter, this quarter only approach towards running their corporations. And we invest in them whole-heartedly. Everyone thinks you get rich off the stock market, but if you are an average person with a well-balanced portfolio, you can expect an average rate of return of about 14% per annum. Which has the highest rate of return, a good portfolio or a small business?
Stock market investments are what you make when you’ve maxed out your own personal investment. When putting any more money in your own bad self doesn’t make any sense. Yet, we are, as a whole, drawn to the idea that we will get rich in the market. I remember the blood in the streets when I was a stock jock in the technology sector in 2000. People fled from my voice in the panic.
Then everyone fled into real estate and slapped themselves on the back for being such smart investors. Amazing how many people got out of the stock market just before it crashed in 2000. Psychic America they should call it. How many of you geniuses got out of real estate just before? Ain’t so liquid is it?
How much more money do you make when you go to school? When you invest in yourself to prepare yourself to become financially independent? When you don’t rely on some idiot CEO to make you your fortune.? When you toss aside the naysayers and follow your dream? You do that and Wall Street would go broke.
Congress killed Wall Street, and I am glad they did. Hopefully, we will get less corporate influence (or downright rule as it really is). that doesn’t look out for the general well-being of the citizenry. And note, this story took away the limelight from something even more important than Wall Street. Drilling for oil in our borders and destroying our national parks with shale oil recovery. Such good stewards of the planet this “Christian” nation has become. This government is evil and self-serving and with a one day drop of 777.68 we are only beginning to see the carnage.But they will most certainly personally profit from our collective misery, and we deserve the misery if we take it.
Fuck em. My next few posts will cover a few items in the good ole Declaration of Independence, a document scarecly mentioned anymore. Goes over a few reasons for the Revolutionary War, and advice for future generations after the inevitable pussification of a country leads it into our deplorable state. But it calls for balls. Do you have any?
Rev. Jim Lunsford
First Cannabist Church
No Man walks higher than another