Off Topic: BUY STUFF, EVERYTHING YOU CAN AFFORD TO HELP USA

[FlyPenFly]

I saw this and saw how much this made sense. The market has been doing terribly the last few months and especially the last few days. This attack is just what we need to tip the scales? so do your part and:



To my friends and other patriots who read this letter,

If you are like me you are feeling deep heart wrenching emotions about the
terrorist attack this Tuesday. I know I feel tremendous grief for those
that lost their lives not to mention the sadness I feel for their family
and friends they leave behind. I also feel rage towards the terrorists
responsible for this heinous act. I am sure that I am not alone in my
desire to seek justice. However, justice may take some time to fully
realize. I don't know about you but I don't want to wait. I have slept
very little the last few days and in that time I have been trying to think
about how I can help. Apart from giving blood, I felt there was nothing I
could do.... but now I have thought of something that could make a
tremendous statement to the terrorists and to the world about the resolve
and strength of the United States and its citizens.

The way you can fight back today is BUY SOMETHING! Buy that computer you
have been wanting, buy a car or a sofa. Even a music CD if that is all you
afford to spare. Buy a present for your friends and family. Donate to
your favorite charity. Take all of your friends out to your favorite
restaurant. Celebrate life, love and all that is good. When the stock
market opens don't sell... buy! 100 dollars invested by every person in
the U.S. will add over 2 billion dollars to the market. Imagine the faces
of those bastards when they see our market rise from the ashes instead of
falling. I hope we can come together and show the world that we will not
be intimidated and that terrorism doesn't work. If we do this, these types
of attacks will cease to be effective and will therefor stop! We must not
let them achieve their objective of our crippling our economy.

When you finish reading go right to your favorite website and pick up
something. When you do it tell yourself you are doing it for all those who
have "laid such a costly sacrifice on the alter of freedom" - Abraham
Lincoln.

In order for this to work the message must get out. If you know me... you
know I hate chain letters but in this case I will make an exception. Send
this message to as many people as you can.

 

[ForSaleorTrade]

taking on more debt is EXACTLY WHAT WE NEED TO STOP!!

imho

 

[rml]

I like that idea.

Make sure you are buying things that you CAN afford!

If you cannot afford spending money, try buy US Bond. It will do the similar effect but without hurting your wallet


I have heard a lot of radio shows asking people to do the same, the stock market will bounce back. If it falls on Monday morning, take it as a great time to buy.

 

[maxhunter]

If you really want ot help the economy, save your money and buy some bonds. This will make more funds available for investment. This will then help lower the cost of money, so businesses can expand and buy more equipment and hire more people. Then the more people who are working will help increase the overall consumer spending which will further help businesses expand.
By just spending money, you really are not helping that much, especially when many electronics companies are overseas. Save your money in your bank and by some US bonds. The government recently bought $38 billion dollars in bonds in a single day to do what you are trying to do, help the economy after this tragedy. So, do what the Fed knows to do to revitalize the economy, buy bonds.
Yeah, this is the product of a 4 yr economics degree with honors...

Here's a good place to buy some bonds that offer a really attractive interest rate compared to T-bills and larger bonds. Actually you are limited to $50K in these bonds because they are such a good deal, plus they are tax-free!!
I-bonds They ROCK!!

Damn, I'm going to continue this in another thread here...

 

[cringe]

I've bought more things in the past week than I have in the past 6 months

 

[ForSaleorTrade]

Just the opposite I have sold more things in the past 2 months than I have in the past 5 years.

and with your help I hope to sell all that I have for sale on this board.

I predict a major recession coming and those with heavy debt loads will not survive the crunch.

just my humble opinion.

thank you for purchasing my items for sale

ForSaleorTrade

 

[monkeyserverdotcom]

so, not to be too greedy off of this, but does anyone think they may raise the interest rate on the I-bonds a good bit in November when the rate gets updated?

This would make it a HOT deal. I think I'll buy some now, but I may hold off, what with the FED raising interest rates already, I think they'll go up.

EDIT: OOPS, I said I wasn't a financial expert ! I meant the Fed is cutting rates, but I am still pondering if they will raise the interest rates on these bonds to promote their sales and to reduce the national debt

I could be way off here, I am not much of a financial expert.

 

[ForSaleorTrade]

RAISING RATES NOW OR IN THE NEXT YEAR OR TWO WOULD BE A TOTAL DISASTER!

imho

rates need to come down in order for people to refinance existing debt and use that savings to either save or build a retirement fund.

 

[RONType1]

<< If you really want ot help the economy, save your money and buy some bonds. >>

Wrong. That would take money out of the money supply. Who invests in bonds when interest rates are low????

Anyway, consumption makes up 75% of the nations GDP. So, if you don't have the money don't buy! But at the same time don't be tight with it. If everyone spends less it would mean bad news for the economy. Consumer expenditures is the only thing keeping the economy going! Recessions arise from excess inventory and reduced purchases, if we can make it through the slump then we'll be home free. Let the Hot Deals keep on coming!

 

[rml]

Fox News article on this subject

 

[mechsiah]

Have to agree with RON here. I do not see bonds as a wise or helpful investment. Investing directly in the markets would be more benneficial, although profits are only speculation. Purchases on the consumer level will probably have the most immediate bennefit.

To echo many others, purchases are only good if you can afford them. Limited, wise use of credit is fine - but do not outspend your means, now or ever.

Disclaimer: This is not intended to be proffesional financial advice, only a personal opinion.