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How does the Wall Street crisis affect you ...

How does the Wall Street crisis affect you, Community?


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2187 helpful answers

If it's not fun, you're doing it wrong.

FREE !!!  Help the U.N. feed people by playing a free game at freerice.com    It's free, fun and educational.

Professor Snotsengabber, a charter member of S.N.O.T.S.

I thrive in hard times, so pretty good.  Budget pressures will mean the government can't afford inspectors to harass me as often, and police to control me as well.  Sinking real estate prices make things cheaper for me, and the more people have to sell off their possessions to pay their bills, the cheaper stuff will get.

I don't owe loans and don't buy things I can't afford, so it is pretty easy not to get hurt.  The worst part of this crisis is listening to everybody lament it.  Anybody that was paying attention knew it was coming.  Everybody already knows you shouldn't buy what you can't afford, so there would be no such thing as a credit crunch, except for those who chose not to exercise their intellect or self control.

There are very few innocent victims.

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The Irk of Kale, is pleased...  Go about your business, for you have found success!

Posted 2008-09-20T05:55:11Z
 
1 helpful answer

I've noticed that when the stock market goes down, I don't check my portfolio at the end of the day.  Other than that, not much. 

 

Surely, you have diversified your portfolio and that has brought you peace, even during periods of extreme volatility...  However, be on your guard, against complacency!  The Irk of Kale is mildly pleased, but wants to see how your investments are performing, vs. the S&P 500.  Beat the market and you shall behold my other thumb (up).  Lag the market and I will still honor my first thumbs up, for you are calm in the face of danger.  Carry on.

 
9 helpful answers

When in doubt, eat a cookie.

If it doesn't come from earth, I'm not interested.

O Simon, Irk of Kale, you are a wonder to behold.  Your sagacity sends even the most perspicuitous Magic 8 Ball rolling back to its hole in shame.  Your wisdom and jollity are sustenance for the common folk in these trying times.

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