Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: blam

My stock portfolio is 100% risk free. Correct, I don’t do stocks.


14 posted on 01/25/2013 8:29:57 PM PST by gunsequalfreedom (Conservative is not a label of convenience. It is a guide to your actions.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: gunsequalfreedom

Once I read this book years ago: http://www.ccsales.com/the_richest_man_in_babylon.pdf
I realized banks, etc. require collateral of us, but when we “loan” our money (deposits) to banks, they give us nothing but digits. And stocks/bonds are just worthless paper too. All my investments are in land, or assets I can resell.


16 posted on 01/26/2013 12:40:55 PM PST by bigmak007 (They who can't control their own passions, want to passionately control others.)
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson