Sunday Thought 16

by JD on July 20, 2008

We just don’t seem to learn. There always seem to be new financial “bubbles” in the economy just waiting to burst. The tech bubble, the housing bubble, maybe an oil bubble, and if you want to go far enough back in time the tulip bubble or mania of 1636. There’s a fine line between making a profit and trying to get-rich-quick. We have this desire to make money as fast as we can with as little effort as as we can.

So we try fool hardy things. Some play the lottery. Some answer letters from Nigeria (promising riches if we just send some money…). Some invest in things they have no idea of what they are or how they work.

It is better to be the tortoise then the hare.

The plans of the diligent lead surely to advantage, but everyone who is hasty comes surely to poverty. (Bible Proverbs 21:5).

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