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[bob ford <bobford79 AT yahoo.com>]

a long time ago, in certain areas of south louisiana, you could play stud 
poker in the dive bars and 21 at the strip club.  If you 'blackjacked' 
playing 21, you could buy the 'house' for $1000 .. It is fun to be the 
'house', as long as it lasts ........... bobford


--- On Thu, 10/16/08, rayzentz AT aim.com <rayzentz AT aim.com> wrote:

> From: rayzentz AT aim.com <rayzentz AT aim.com>
> Subject: Re: [Homestead] Scary as h*ll
> To: bobford79 AT yahoo.com, homestead AT lists.ibiblio.org
> Date: Thursday, October 16, 2008, 9:34 AM
> Here's my thought on the stock market, real estate, and
> other 
> investments.   It may be a bit simplistic, but here goes...
> 
> GAMBLING!   Hello!   Duh!
> You, and all participants, myself included, are betting
> that things are 
> going to fall to your advantage.   They don't always do
> that.
> 
> It's like life insurance.  You are betting that you are
> going to live a 
> shorter time than the insurance company thinks you are.  
> In other 
> words, you are betting you are gonna die.   Some win, some
> lose.
> 
> Or Speeders.   Every time you speed, you are betting you
> can get away 
> with it.   Sometimes, though, you lose.   The more you
> speed, the more 
> likely it is that you will eventually lose.
> 
> Gambling implies risk.
> 
> And the game is ALWAYS stacked in favor of the house.
> 
> Ray
> 
> 
> -----Original Message-----
> From: bob ford <bobford79 AT yahoo.com>
> To: homestead AT lists.ibiblio.org
> Sent: Thu, 16 Oct 2008 6:34 am
> Subject: Re: [Homestead] Scary as h*ll
> 
> 
> 
> Gene; I would be "down in the mouth" too, If I
> was forced to sell 
> everything
> right now.  I would lose my shirt (pants and underwear,
> too) if I had 
> to
> liquidate my real estate holdings.  That may happen if the
> worst that 
> the doom
> and gloom people are projecting. But, for now, I'm
> holding and hoping 
> one day,
> some of the real estate value will re-emerge ....bobford
> 
> 
> --- On Thu, 10/16/08, Gene GeRue
> <genegerue AT ruralize.com> wrote:
> 
> > From: Gene GeRue <genegerue AT ruralize.com>
> > Subject: Re: [Homestead] Scary as h*ll
> > To: bobford79 AT yahoo.com, homestead AT lists.ibiblio.org
> > Date: Thursday, October 16, 2008, 6:30 AM
> > On Oct 16, 2008, at 5:26 AM, bob ford wrote:
> >
> > > I don't understand what you are saying gene. 
> A
> > lot of people have
> > > capital gains.  I do practically every year.  As
> bad
> > as the market
> > > is, I will have net capital gains to report this
> year.
> >
> > Well, maybe you should do an investment blog, Bob.
> Everyone
> > I know is
> > down in the mouth about their losses.
> 
> 
> 
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