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UNITED AIR LINES TO LAY OFF 950 PILOTS
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July 1st 08, 12:46 AM posted to rec.aviation.piloting
Dave Doe
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UNITED AIR LINES TO LAY OFF 950 PILOTS
In article ,
says...
gatt writes:
Four years ago, everybody was saying "Buy a home NOW. The population is
only growing and real estate is becoming more scare. Prices CAN'T fall.
Here, have a loan you can't afford on a $300,000 1,200-square-foot
house. You can't lose..." Eight years ago, "BUY TECH STOCK.
INTERNET, MAN! Everybody's hooking up..."
As I've said, playing the financial markets is nothing more than gambling.
There ya go - yer wrong - you *are* arrogant.
You'd be right if the investor was ignorant. But most won't be -
they'll have a diverse range of investments that in most cases provide a
secure return well above bank interest rates.
Sure there's risk, but to call it gambling is absolutely fallicious.
--
Duncan
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