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Dave wrote:
The profit soars, but the price doesn't change, or goes up. -Chuck The profit SOARS. That's a shame because it means your retirement account SOARS, your IRA SOARS, your 401k SOARS, etc. We really have to watch that profit stuff, it's too good for us. Tell me, how do you fund your 401K when you work for McDonalds flipping burgers? The biggest result of moving all of our manufacturing jobs to China/India/??? is the loss of good paying jobs here in the USA. Corporations are groups of people, my IRA, my 401k, my retirement plan, who invest our money in corporations in the expectation that they will make profits. Profits increase the value of equity [stock shares] and the amount of money you can draw on when you retire. If profits are not made then your IRA, 401K, etc go bankrupt and you will never retire. Be careful of that profit stuff. It may be too good for you! /s/ DD, retired and loves watching my equity increase. Yeah, you got yours while there were still good jobs and good retirement policies here in the US. What about your kids? What about mine? -Chuck |
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