Be INFORMED

Monday, June 01, 2009

State of the Economy

What a dreary day in the united States! To start the day off, an American icon ( General motors ) went and filed for bankruptcy. This puts many workers on the unemployment line and it will not help our economy in any short order. Not soon after GM filed, the NYSE delisted the firm. If you still happen to own stock in GM, I do, then it's possible that we may never get our money back out of the company. My bet is that in the longer term, I'll recoup my investment with a very decent return. Can't do any worse than i've been doing with Microsoft.Time will tell, I guess.
I'm wondering if I can now buy a GM vehicle at one of those major dealer discounts that I've been hearing about? Not happening in Tampa,Florida, yet.