Everyone and I mean everyone is watching their net worth dwindle because of the chaotic activity going on within the stock market. The Dow Jones Industrial continues to have wild swings up and down but far down than up and this has caused many to see their 401k’s almost completely wiped out along with other investments.
Who do you suppose has taken the largest hit during these very unstable times? One individual seems to have amassed more losses than everyone else and that would be Casino magnate, Sheldon Adelson. His total losses from December 31, 2007 until October 2008 are approximately $16.6 Billion. Can you say wow? Also Warren Buffet lost $9.6 Billion.
These figures are very incredible indeed. Just some figures for comparison even though it doesn’t make those that have suffered losses not quite as staggering, feel any better.
To Your Success
Mel Richardson
P.O. Box 538
Jessup, Maryland 20794
Investing is a risk, but it's one worth taking to prepare for the future. That's why I don't hesitate to make investments especially in companies like Mentor Capital which you can read about at http://breastcancerinvesting.com/investor_call.shtml
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Posted by: Penny Stocks | February 18, 2010 at 12:14 AM