Walmart vs Public Morons
ha ohh wallyworld. i hate going grocery shopping in general so automatically i have a hate towards walmart lol. & i dont like the company killing all of the "little men" in the same kind of business. but yes it is nice that walmart is cheap & has almost everything you need in one place. idk i got mixed opinions about the whole company
For clothes, I like to pay for quality. I shop at Guess and buy $120 jeans for $30 on sale and I wear them for 2+ years. I haven't been too fond of clothes at Walmart, though I have bought dress shirts that fit me very well and last a long time. Its a mixed situation. Once it opens, I'll be buying my motor oil from there. What is it, $3 for a quart of fully synthetic motor oil?
I'm all for mom and pop shops, but I have to watch out for myself and try to get by with what I can afford, and if Walmart will allow me to save some money, all the better. I make more money than most people my age but I have no problem shopping at a walmart.
Joined: May 2006
Posts: 29,661
Likes: 40
From: Sheboygan Wisconsin






When they built the one by me there were people with signs in there yard saying the crime rate will go up and destroy the area. How? How will having a Wal mart raise crime rates? The store is clean, and very nice.
speaking of walmart stocks...a family friend'* dad is flithy rich bcuz he had stock before walmart was big & sold them at just the right time. its ridiculous! i wish i was smart like that lol
It ain't always about being smart. Sometimes you just take a gamble and win in the end
Joined: May 2006
Posts: 29,661
Likes: 40
From: Sheboygan Wisconsin






It'* all about luck. I got lucky once and sold off $54,000 when I transfered a 401k, the market was high. They cut a check and mailed it to me. Took 2 weeks. In that time the market crashed. I then put that money in to a new 401k at the much lower rate and the market recovered over the next few months. Made me big money.
Thread Starter
Joined: Jan 2006
Posts: 16,539
Likes: 18
From: Purgatory, Pennsylvania

Luck has nothing to do with it. Except why many people lost half or more of their capital over the last 2 years. I retired at 49 and always have my eye on whats happening, cause and effect. Example; Burger King Corp went flat last winter @ 17 and rank and file dismissed it as a good buy. I read a blurp about them having a big basketball contest/promotion early this spring and some nice food specials to go with it. Bought 10K shares @ $17 and some change in December and even made a reference to it in a thread here. As the promotion got under way the stock rose cautious but steady. The end of March I put in a Sell order @ $22 a share. That happened on April 23rd and I received $22.06. A nice profit of $48k after fees. Could it continue to grow? Possibly but with Big Mac and Wendys staying on the rise, I feel it a gamble. It'* resting for the moment in PIMCOTotal Return Mutuals (a pretty safe position with steady nice growth)
If you believe it'* luck, leave your money in CD'*/Mutuals and hope the Banks start sharing a little better (Not). Right now I'm looking into oil. Not oil itself but industries/suppliers tied to it. They are outperforming oil by a good margin.
If you believe it'* luck, leave your money in CD'*/Mutuals and hope the Banks start sharing a little better (Not). Right now I'm looking into oil. Not oil itself but industries/suppliers tied to it. They are outperforming oil by a good margin.
Wife worked her way up over the past 15 years and they fire her. Sam Walton would say take care of your people and know your employees. Her store manager always forgor she had children
Last edited by Jeep2Bonny; May 20, 2010 at 09:01 AM.




