12-03-2009, 11:03 AM
Quote:But I'm beginning to think the best investment in our times, and for the next several years might be funding the small business directly. ie Buying stock in a private hardened asset that isn't at the whims of a bunch of money changers.
I agree, but only if you're an expert in evaluating the prospects of the business in which you're going to invest. If you're not, then you're subjecting yourself to the base odds of small business failure rates (generally thought to be about 70% -- as in only 30% of new small business eventually turn a profit). Most of us are not good enough to do that (as evidenced by the fact that 70% of small business startups never turn a profit.
"Hamilton is really a Colossus to the anti republican party. Without numbers he is an host within himself. They have got themselves into a defile where they might be finished but too much security on the republican part will give time to his talents and indefatigableness to extricate them. We have had only middling performances to oppose to him. In truth when he comes forward there is nobody but yourself who can meet him. His adversaries having begun the attack he has the advantage of answering them and remains unanswered himself. For God's sake take up your pen and give a fundamental reply to Curtius and Camillas" - Thomas Jefferson to James Madison