Where do i put it? Well, I farm, and I have debt against the farm so I put it against the debt in the farm. I do have stock, but it's class B stock on Cropp Cooperative. It pays well past 3%. No, you can't buy any.
The stock market is a multi-millionaire's poker game. Anyone who has less than multi-millions is holding a losing hand and always has. Yeah, some of you guys brag about gains here and there, but overall, you're gonna lose. May as well bet it all on the roulette table in Vegas.
That, and I think owning shares in some companies is morally wrong. Companies that ship jobs overseas, companies that run for profit and profit alone, dang the torpedoes. Owning stock in companies like that is saying that you approve of the way they do business. You can't really complain about how things are going in this country and own stock in the companies that are doing it and not be a hypocrite.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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