$4 Gas returning to LI

[monstermagnet]

Originally Posted by mowmylawn

What I want to know is why airline tickets, LIPA bills, Nat'l Grid rates, Fedex and USPS have all either kept their prices high or even raised prices in the face of the lowest energy costs in over 20 years.

THEY probably have huge investments in energy futures that are tanking (no pun intended) so they need to keep gouging their customers to cover their losses.

[ovi8]

Originally Posted by mathjak107

you see this mistake all the time on ffinancial and investing forums . all the doomsday folks look in to their crystal ball and predict we are going to hell in a hand basket . yet time and time again that course is altered .

... which is why investing should just be called what it is... gambling. If everyone had an idea by "reading the market", then everyone would be rich. Even you got lucky with your property investments as mentioned in the past.

[mathjak107]

except never ever have we had any long term accumulation period spanning the typical 25-35 years where we invest and save that has not done pretty well in the markets .

everything in life is a gamble to some extent , from your business failing to you losing your job .