Tuesday, 28 August 2012

August 21, 2012


                My father told me that when Apple stocks were extremely cheap, my mother wanted to buy them, but then she decided not to because she didn’t think the company was going anywhere. Now she really regrets it because it’s incredibly successful. My parents have bought a few houses in the United States, and one of them is in Colorado Springs. This summer, during the forest fires, my parents were scared that we would lose it, but it ended up okay.  In class we learned that it’s safer to buy complexes because then you always have a tenant and you always are getting profit. If you were to buy a house, there is a chance that you wouldn’t have someone renting it out, thus getting you no profit. Also we learned that the number one rule of finance is to not let credit card companies make money from you.

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