If you live in Canada and you have a child, you get free money. Take that money, and open up a RESP (go to your bank, they will handle it for you).
Take some (at least $100, don't be cheap, its' your kid) and put it into the RESP every month. It's not your money, it's for your kid.
You as a parent should have NO excuse for not doing this. Your kid deserves a good education. Did you have a RESP? Well, your greedy parents screwed you.
(If you are are so hard up that you can't help our your kids future but giving them THEIR money, then you should get your ass off the computer and do something about it).
Friday, October 5, 2007
Veblen goods
Veblen was a philosopher/economist. He said people are stupid. Well, more precisely he said that people will want certain goods/products the more they cost.
Really. It's true. People will pay more for BMW's because they think they are somehow more desirable or fit into a certain 'crowd' because of how much they cost. If you decreased the price of a BMW, less people would think of them as being 'luxurious' or whatever a BMW is supposed to stand for, and less would be sold.
This stands for things like certain wines, cigars, houses, etc etc.
People in my area went Veblen nuts when house prices started going up. No one wanted the same houses for 100K, but when they were 400K, they SURE AS HELL wanted them like crazy. And when they were 500K (the same house) was seen to be super desirable. Man people are stupid.
The market has crashed and the same house is somehow less worthy of being lived in?? Sigh.
Really. It's true. People will pay more for BMW's because they think they are somehow more desirable or fit into a certain 'crowd' because of how much they cost. If you decreased the price of a BMW, less people would think of them as being 'luxurious' or whatever a BMW is supposed to stand for, and less would be sold.
This stands for things like certain wines, cigars, houses, etc etc.
People in my area went Veblen nuts when house prices started going up. No one wanted the same houses for 100K, but when they were 400K, they SURE AS HELL wanted them like crazy. And when they were 500K (the same house) was seen to be super desirable. Man people are stupid.
The market has crashed and the same house is somehow less worthy of being lived in?? Sigh.
People are stupid
You are people, I am people. See that sentence was stupid (grammar is horrible). We constantly do stupid things, we say stupid things, we live a stupid life.
You can't help it, neither can I. What keeps us going? It's our EGO. Thank god for that. And our self rationalizations.
Humans can rationalize anything. Ugly people think they look good. Fat people excuse their fatness. Stupid people think they're smart. Proof: George Bush. Enough said.
Not only are you stupid (me included), but we have convinced ourselves we are the pinnacle of society. We use our incomes, jobs, houses, cars etc to SHOW how smart we really are. No. You're not, I'm not. We're dumb, let's just recognize that and move on.
We MIGHT be able to do something about it, but I doubt it. We can try, that's what this stupid blog is about. Your stupdity. (Well, it can't be just mine, that would make no sense at all!). Gosh.
You can't help it, neither can I. What keeps us going? It's our EGO. Thank god for that. And our self rationalizations.
Humans can rationalize anything. Ugly people think they look good. Fat people excuse their fatness. Stupid people think they're smart. Proof: George Bush. Enough said.
Not only are you stupid (me included), but we have convinced ourselves we are the pinnacle of society. We use our incomes, jobs, houses, cars etc to SHOW how smart we really are. No. You're not, I'm not. We're dumb, let's just recognize that and move on.
We MIGHT be able to do something about it, but I doubt it. We can try, that's what this stupid blog is about. Your stupdity. (Well, it can't be just mine, that would make no sense at all!). Gosh.
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