Wednesday, April 29, 2009

UpDown



After the 2008 market crash,I decided that I needed to become informed about the financial markets and how they affect my investment. I'm tired of two bit financial consultants who have a minimal course under their belt braying about their knowledge in this field.You all know the adage, if you can't get a job become an investment consultant with fill in the blank here.
My daughters RESP had minimal growth during the boom years and of course tanked in the last six months. The only person profiting from this is the investment consultant who works for a large "financial investment" firm, looks like the character "Randy Bobandy" from Trailer Park Boys and is a casino buddy of my ex.(who does have a startling resemblance to "Jim Leahey" ....hmmm).
His patriarchal lack of knowledge fired me into getting a crash course in how our money drives the economy through the market.
To this end,I have opened a "play" account at UpDown.com where you have the opportunity to invest ONE MILLION DOLLARS how ever you like. It has been an eye opening roller coaster of an education and I have learned mucho about commodities,shorting,buying long and much much more.
Knowledge trumps ignorance everyday!

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