Investment Banging and Gambling

If you want more bang for your buck gamble it up. The practice is legit, made off first in the US banging and gambling industry which is going down the pipes of disrepute faster than you can say myth or spin. Or faster than even Madoff's wife can get a divorce from him. What else is left to make off? If someone works for the government that person is considered to be a civil servant. Why not call all remaining bankers whose banks were bailed out by the government civil servants too? The irony with civil servant bankers and traders is that their new job status wasn't made up but made off from sitting on a ticking bomb!

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Does starting a new bank make sense?

My reasoning for starting a new bank is that creditworthy customers would rather trust that their money is held with a bank that is 100% free of toxic assets and that it won't go bust. People tell me I must be crazy to want to start a new bank because a) no one trusts banks any more and b) no one has money any more. I don't think b is true and a happens because existing banks have a lot of bad loans/investments in their books. A new bank that has none of it can earn the trust of creditworthy customers. It seems good business to me to want to start a new bank despite the turmoil in global finance.

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Think of your next purchase as an investment

This thought was posted on Thinkaloo on 5 March 2008 by member sandy

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Investing in something has the meaning that you get something back in return for your money. If you purchase a hybrid car what you get in return is the intangible profit of a less polluted atmosphere.

I think we should consider ourselves not just as consumers who buy something but as consumers who choose to buy something over something else because we know this purchase is a kind of investment and support for new technologies that are more environment-friendly over others.

For example, by choosing to buy a hybrid car over a conventional one you indirectly invest in the research behind energy-saving new technologies by supporting corporate profits that help fund research and help attract investors with capital that will in turn fund research in these new technologies.

When it comes to buying your next car for example, would you consider purchasing a hybrid car over a conventional one as a means to invest and support hybrid technologies that are more environment-friendly? Would you ever think of yourself as an investor this way?

Or would you only think of yourself as a consumer who saves money on gasoline or as a driver of a fancy, fast, reliable good car or whatever else its key selling points are?