Economic Downturn & Impact on Tgurls

[sensual_lover20]

My life hasn't changed at all. I only hear about this recession business on the news. But I hear it ALL THE TIME. If I never watched the news I wouldn't even know there was any economic turmoil. Sure, my investments are down but they've been down before and I don't plan on retiring for a while yet.

So for me, it's business as usual.

I feel the same way.

As for any generalizations that are made regarding Jews or investments. There are always exceptions to the case, but remember they are generalizations for a reason. For example, real estate now is not a good investment. I hear many forecasts of the prices in the housing market dropping and with a kick of inflation to it then this so called real estate always being the right investment becomes not so right. Buying a nice car may not be perceived as a negative investment such as when you look at a classic car kept in mint condition and now it is worth far more than it was purchased. As for Jews, being one, we are different than others. You will only know this if you are Jewish so it is unexplainable. It is something you feel when having conversations with Jews and non-Jews on the same topic even. Basically, our foundation of reasonable business morals and ethics are strong coupled with a good education background will lead to success in any group, but it is all a function of doing which sets you apart from the crowd.

[Tia Phoenixx]

You have a very good chance to be wealthy some day my dear boy! And OMG..i've met a jews again..hi..hi...

I agree that this is not the best time to buy a property in Canada or in the States without any strategy or deeper thought on that. The market will plunge even more next year.

There are some exceptions (especially on US housing market)

However, for those who are interested in property, this is the time to learn about the market better, so when the opportunity comes..we are the first one who take it!

[sensual_lover20]

You have met Jews again, sounds funny. I am sure by now you can notice some commonality traits in our culture besides the few wealthy you have met.

As for me, I want to accumulate money fast and retire early. I would like to be rich, not wealthy. Note the distinction between rich and wealthy. Michael Jordan is rich, the guy who makes his contract is wealthy.

Oh yea and marry a t-girl, pre or post op.

[akalaaji]

laid off

Things are really slowing down for now and the impact is being felt by all. For example, I work for one of the biggest computer and digital media players in the world , they even have over 20 Billion Dollars in the bank as a surplus , and 2 weeks ago they announced the the closure of the Toronto site so I'll be laid off in 2 months and I just bought my house so I'm freaking out.

[merelypink]

hope it gets better fast