Skip to main content
No. of Recommendations: 0
psmart wrote:

We don't appear to have too many Fools in LA! Are we last on this list too?? Maybe it's because
we have too many fools

Not quite. As of this posting, the other boards with fewer postings than Louisiana's are those of Montana, West Virginia, Rhode Island, South Dakota, North Dakota, Wyoming, Delaware and Idaho. However, I do look forward to the day when we can talk about how far out in the lead we are rather than how many slots we are removed from the bottom.

We do have and have had our share of fools, especially in state government. They fly in the face of Foolishness by not only propogating a very unFoolish behavior, gambling, but doing it in such a way that the part of this industry (yes I do believe it can fill a significant niche in the touism industry if handled properly) where we had gained a legitimate marketshare and a foothold free from competition, horse-racing, has been diluted by everything from the lottery to powerball to riverboat casinos to Native American casinos to miniature land-based casinos in the form of video poker halls.

Of course, I don't know what I am complaining about here. As long as regular fools are willing to fork over a voluntary tax to the croupier I may not ever have to worry about paying a realistic tax rate on my home and personal property :)

I just got turned on to messsage boards, investing and the MF scene in general. Since mid-June I have read "TMF Investment Guide", "You Have More Than You Think" and I just checked out Peter Lynch's "Beating the Street" from the local library. Funny thing though, neither of TMF books were available in the library. Maybe that's a tip we need to pick up on and ask our libraries if they have these tomes and if not ask them to get them and put them on their "new editions" or "recommended read" lists.

At any rate, I am just getting started. I just got out of consumer debt after fighting it for 10+ years. My only obligation, other than food, lights, water, etc. and paying myself by saving, is a house note which I recently refinanced, taking it from a thirty year mortgage with twenty-eight years remaining to a fifteen year insstrument that I have set up on a ten year amortization scheudle. I got confirmation that my online broker received my initial deposit today and I will be establishing an F4.2 plus Microsoft portfolio asap.

I know there are more Fools out there like you and I. Keep lurking and posting here, especially posting, and we will get things turned around yet.

Fool Speed Ahead

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.