Pocket Money Essays 1 - 30 Anti Essays
Capital will be king, by default, in such places; and, indeed, Singapore has required people to save by law -- a much sounder and more sensible approach than, for instance, Social Security in the United States, where money is sent to the government, spent, and a promise is made to return some part of tax revenues to the contributor in the future.
Pocket money good or bad essays - Gary’s Gutter
What's going on with that? If you think a companythat sells for$20 per share will be selling for $40 per share in six months, why doyoucare that they aren't making any money? After all, you'lldoubleyour money in six months! Okay, but why will the company'sstockdouble in value in six months? Because everyone is buying itwiththat expectation. And what happens if, one beautiful morning,enoughpeople get nervous that this can't go on forever, and startselling? Hmmm. No dividends because no profits. The stockstops risingin value. I guess I better sell. So why will anyonebuy thestock that you are trying to sell? I guess theywon't, willthey? And you know why the great bubble of high-techcollapsed inApril of 2000.