VIDEO ON MSN MONEY
Speaking of Buffet and Obama is as follows. In 2008 our portfolio had sunk to under $600,000 and the market teetered at 6,600. You remember on Friday the 750 billion needed on Monday or the country would crash. You remember the housing crash and Wall Street betting the crash would happen to make a fortune. They did and the banks paid the price. All around my wife and I were scared to feel we worked our butts off and we would retire in 2009 bankrupt. Well, the good news is Buffet lent GE and Goldman Sachs a fortune at extremely high interest. We bought both companies corporate bonds at $150,000 worth each and 40,000 GE shares at $2.75 each and 50,000 Ford Motor Company shares at $2.95 each. Well the market closed at an all time high today and thanks to Mr Buffett we have a net worth of $1,745,000 retired and living is terrific.
BNSF railroad, sans the keystone pipeline this is the only way to get oil from Canada to Texas.
Once again: As in Oz
We use the man behind the curtain as
"The excuse for more growth on Wall Street"..
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[BRIEFING.COM] Equity indices closed out the month of August on a modestly higher note. The Russell 2000 (+0.6%) and Nasdaq Composite (+0.5%) finished ahead of the S&P 500 (+0.3%), which extended its August gain to 3.8%. Blue chips lagged with the Dow Jones Industrial Average (+0.1%) spending the bulk of the session in the red.
The final week of August represented one of the quietest stretches for the stock market so far this year. The first four sessions of the week produced the ... More
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