To: Toddsterpatriot; GodGunsGuts
"It would appear they are taking their toll has household net worth has been steadily declining every year."Net worth, calculated by subtracting liabilities from assets, had increased 13% in 2003, 9.7% in 2004 and 8.5% in 2005.
I don't think we'll see GGG teaching fundamentals at Wharton any time soon. ROFL!
117 posted on
10/27/2006 9:32:37 AM PDT by
Mase
To: Mase
Doesn't know the difference between a decline and an increase. Didn't know what interest rate he was paying on his margin debt, didn't understand what a bid-ask spread was, didn't know what commission he was paying and didn't know his P/L.
I don't think Warren Buffett is going to be asking him for trading tips either.
119 posted on
10/27/2006 9:48:25 AM PDT by
Toddsterpatriot
(Goldbugs, immune to logic and allergic to facts. You know who you are.)
To: Mase; Toddsterpatriot
That is, the gains in net worth have been steadily declining every year.
To: Mase
LOL.....I doubt he's ever even heard of Wharton! :-)
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