We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
The richest might not have gotten that way by trading stocks, but Goldman Sachs certainly proves you can do all right by pumping stocks.
Which brings us to the quandary. If your stock broker is so good at picking stocks, why is he going to work each day to make money for your instead of parlaying his pittance into his own fortune? Never trust a broke stock salesman nor a skinny cook.
To be honest, I've usually done all my trading on my own.
I have two accounts I don't manage. My retirement - and the guy handling that has done very well for himself with investing, so I won't spend too much time arguing with him over things, though I have started to disagree with his recent perma-bull analysis.
My first account, which is tiny and with a friend from college. He has made me plenty on stock investing. Not enough to retire, but he was able to retire (if he wanted) by the time he was 40.
Lives a great life. Married at 45, has 2 young kids now, travels 8 weeks a year, runs his business and investing out of his home.
I should've given him more.
However, it's not true that most of them created something, either. Unless, of course, you consider building a business 'creating' something. But Elizabeth Warren and Obama have told me those people didn't, so it must be true.
No, actually what I mean is building a business is filling a need, but it isn't creating something in the same sense that Zuckerberg or Jobs did. If I start a bookstore, and it keeps growing (unlikely today), I didn't really create anything new. I just found a better way to run a bookstore than most other bookstores. Which is good! But it's not really creating something.
Most wealthy people have built businesses. Many of them have done it in areas like real estate or autos.
Real estate seems to be fairly common, however. My single best investment ever is my condo which I now rent.
The problem that Michelle Obama and all diet and food activists have is that no one really knows what a healthy diet is or isn't. I know! You're immediate response is of course we know and that's true. We all know what a healthy diet is and we all disagree on it. How then does anyone know if we all think we know and we all disagree? The simple answer is that a very, very broad spectrum of diet is "healthy" and actually very few diet choices are "unhealthy" EXCEPT for those peole who have illnesses that require a specific diet choice. Michelle and the diet police are simply wrong when they claim sugar is bad or fat is bad or meat is bad or carbs are bad and they are equally wrong when they claim that organic is good or that raw is good or that any fad diet choice is "good". Get the government with all it's power out of our food choices. Get the special interests, especially biased groups like the CSPI, out our food choices. If science can offer us some accurate information about food and diet I welcome it but keep the special interests out of my kitchen and out of my business.
I for one never have and never will pay them any mind. It's just so much noise to me. I started out an omnivore and been one for 83 years. When it looks like they're going to start taxing or otherwise restrict access to my omnivorous dietary choices, I will begin to raise a fuss. (Incidentally, I've been married to a licensed dietitian for 59 years, and she agrees with me.)
I saw the story on the freak show that is the Paralympics. As the mother of boy who was paralyzed at 10 years old and is now 16 and is working to represent the USA at the Brazil Paralympics in tennis, I'm at a loss for words. Didn't know my son was a freak. Thanks.
I'm right there with you - I didn't realize that I was supposed to feel sorry for Paralympians. I thought they were serious athletes at the top of their game who are participating in an international competition requiring years of training, physical fitness, and accomplishment.
According to Taki, "Though we are unprecedentedly fortunate, we are filled with bitterness and hate; our kindness, such as it is, has correspondingly become brittle, impersonal, theoretical, abstract, bureaucratic, and ideological, reflective of no genuine feeling. Thus we promote an immense freak show, a Fellini’s Satyricon of sport, and call it generosity."
Yikes...not sure what to say in response to that statement, except that I wish Taki the best in working out his personal issues. May your shriveled soul blossom in the light of God's love.