First of all they are blithely shopping as usual. I blogged on the female Execs standing on line to buy merchandise "on sale" for thousands of dollars. Prince Azim, Prince of Brunei, shopping on 5th Avenue yesterday, plunking down $5,000.00 dollars for 27 golf shirts.
Well this is New York, but it's happening in Grosse Point ,Michigan, and La Jolla , California, in Houston, Texas and Scottsdale,Arizona. I cannot make it more clear that is is not the time to panic.
It is probably one of the greatest times to seriously consider wealth building with the new opportunities about to open up. A few days ago I blogged about Warren Buffet's $5 billion dollar infusion into Goldman Sachs,what I didn't say, is that it was in preferred stocks..and the rest? another $5 billion into common stock..Goldman Sachs stock rose 6.4 percent on Sept 24th..the day that Lehman Brothers collapsed..that day Goldman slid 24 %. 10 billion dollars!.. If you ever considered really becoming rich, I believe the opportunity is here..now is the time.
Posted By: Marta Fernandez
Wednesday, October 1st 2008 at 3:06PM
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