Investment Opportunities

As many of you know I did not fully avail myself of an "adequate" education - my GED and questionably useful AAS in Criminal Justice hardly qualify me to make the following statements. But here I go anyway...

I'm having a hard time understanding why so many people seem surprised at the state of our economy. Also having difficulty with the people who are casting blame at large corporations and political figures. I guess it goes to show just how "in-tune" the (seemingly) majority of the people in this country are with reality.

I don't know squat about economics. But I do know quite a bit about value. Over the years I've also learned (admittedly the hard way) quite a bit about living within my means.

I would like a new car. I would like to buy a house. I can't afford to do either on my current salary. However (at least until a few weeks ago), it is possible for me to obtain both. Why?

Well - it's NOT because some evil, greedy politician or lending institutuion will give me what I want. It's because too many people in this country have assumed that the asking price is valid. Not enough of us have turned our noses up at artificially inflated "values".

Yes - some evil, greedy politians and lending institutions have told us that it's O.K.; that the assigned value is the true value of the good or service they're hawking. But the bottom line is that we've enabled them to continue to the point where what was once a $9,000 car became a $20,000.00 car or an $80,000.00 house a $200,000.00 house - without qualification.

Not enough of us said "BULLSHEEEIT!" and told them to go fly a kite.

Now those who didn't - those who don't understand supply and demand; those who don't realize things cost what they do simply BECAUSE THEY'LL PAY THE ASKING PRICE, are bitching about who's fault it is now that we're in the crapper and someone's just flushed.

Now they wonder why they have no choice but pay the asking price...


INVESTMENT OPPORTUNITIES:

Here's my top picks for investment opportunities over the next ten years -

http://www.afte.org/aftelinks/aftelinks_ammunition.htm

XOXOXO

PH