Assumptions the actuaries and others make in relation to economics, finance and banking.
Great video about sub prime mortgages and the failed
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Vutulaki-san
LOL at the Newton analogy, of course gravity is easier to predict than financial risks dickhead.
Great documentary though worth a watch.
Great documentary though worth a watch.
The whole thing is a great big fucking joke.
Here in Hong Kong we have a 'Mandatory Providence Fund' for our retirement. Basically what we do is give whatever financial institution a chunk of our paychecks and they will look after it for us so we have money in our old age.
Tell you what, I would much much rather I had the money myself. I don't plan on there being anything actually in there by the time I can collect. If there is, great, but that would be a surprise.
The markets and high finance are for the true 1% - the rabble that ride their coattails for a bit are where they make their cream.
The housing fiasco, The student loan fiasco, The bailout fiaso, whatever.
You go ahead and try to play their game if you want, but sooner or later you're going to find out you're not on their team.
Here in Hong Kong we have a 'Mandatory Providence Fund' for our retirement. Basically what we do is give whatever financial institution a chunk of our paychecks and they will look after it for us so we have money in our old age.
Tell you what, I would much much rather I had the money myself. I don't plan on there being anything actually in there by the time I can collect. If there is, great, but that would be a surprise.
The markets and high finance are for the true 1% - the rabble that ride their coattails for a bit are where they make their cream.
The housing fiasco, The student loan fiasco, The bailout fiaso, whatever.
You go ahead and try to play their game if you want, but sooner or later you're going to find out you're not on their team.
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Megaterio Llamas
- Posts: 4509
- Joined: Fri Dec 12, 2014 7:56 pm
- Reputation: 2674
The vote function is down I see.
el rey del mambo
Yeah, with Winnson on this. This is why I lol at people telling me I won't have anything for retirement... Have they seen Sweden recently?
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