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Wednesday, May 28, 2008
I'm a greedy bugger and so are you!
Quite frankly I'm sick and tired of people blaming Big Oil for the high price of gas and the state of the economy. Quite frankly we are in this mess because we are greedy buggers. I'm quite happy that my oil company is making money, and you want to know why? Because I'm a shareholder, and what's good for the company is good for my dividend. I don't own a million dollars worth of stock, I own less than 10 shares in Big Oil, but that's still enough money for me to buy more stocks in another company. I'm in it for the long haul. All these asshats complaining about the economy are greedy buggers who over-spent their accounts: bought houses that were too big, one too many pairs of shoes, etc. Everybody wants to be satisfied here and now, but nobody is reading the fine print. Well I read the fine print, and instead of buying a $4 dollar latte I bought a $4 dollar share in an electronics company. Everybody can be an investor, even a frugal bastard like myself.
Hell, owning stocks is kind of addictive; watching those suckers go up and down on charts that I have no idea about. Once in a while you get a nice surprise and find that your account is worth a lot of money, and dividends are nice as well. It's also fun to be invited to shareholder's meetings. It's kind of neat to say that you own parts of a company; especially when people are complaining about it. I'm like, screw you too pal, that's my company. You greedy bugger!