By: Kate Phillips

Kate Phillips — Thu, 23 Oct 2008 11:58:37 +0000

Beautifully put, Yael.

I love the story of the paper clip-to-house trade. That’s a pretty cool exercise to do, too, it really demonstrates the power of making requests.

And yes, the mattress is looking pretty good right now…

By: Yael Blum

Yael Blum — Wed, 22 Oct 2008 16:56:29 +0000

Last week, while sitting with a financial investor, I referred to myself as the paperclip princess, alluding to the gentleman who traded up a paper clip to finally land a house in Central Canada. This financial tsunami, which could have been avoided if it weren’t for the inexcusably corrupt war spending spree and Friedman economics, is an opportunity for financial reorganization, at least partially. People who never had money to invest, or lacked a retirement nest, were exempt from the monumental losses so many people now face. Ok not entirely, as the economic meltdown will be felt and paid for by us, the people; but it seems the mattress might have been a good bet after all. But back to the paper clip. Current market activity is dominated by fear, the other side of the greed coin. But for others, this time marks a great opportunity for entering the market with a deep breath, some sound advice and a reasonable investment plan. People who never invested can now get into the market and expect a solid medium to long term return. Assuming of course that we don’t just plummet into oblivion… My intention is to trade my way up with a nominal upfront investment while enjoying the falling leaves, the crisp air and the dusting of snow upon the mountains.

Comments on: Autumn Contemplations, Financial Chaos, and Spring

By: Kate Phillips

By: Yael Blum