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Posts Tagged ‘tips’

“Portfolio Risk Management” is an important part of your overall risk mangagement skill set. See all our stock trading lessons on YouTube or at www.GoldenTicker.com for a clearer picture.

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You may be wondering why we are discussing the effects of 9-11 when we were supposed to be discussing the slow economy and how it is impacting people. Well, we are going to start with the event of 9-11 and show you how the economy has not really recovered since.

9-11 was a shock to everyone. But since 9-11, America and the rest of the world have rebuilt confidence and the financial market has rebounded a bit. But, not for everyone. Many people are still trying to recover from the tragic event of 9-11 and I’m not just referring to the families that lost their loved ones. Even people who live far away from NYC are still suffering from that event.

One lady has a story to tell about how she is still suffering from 9-11 so this slow economy that we are experiencing right now is much harder on her than it would be normally. Recession or not, the slow economy is already making people’s lives hard. You can go to  http://en.wikipedia.org to read about the tragedy on 9-11.

Still recovering from 9-11, how is this slow economy affecting you?

“I’m a stripper. I’ve been a stripper for years. Before 9-11, I banked. Since then, it has never been the same. At best, it’s recovered to about half of what it was like before 9-11. In a nutshell, I work on commission. I make my money from the left over money in men’s pockets. If they’re not making money, they have no extra and I make no money.”

We thank the lady for sharing her personal experience of how this slow economy is affecting her life. Many people work on commissions. When people have more money, they seem to tip more and tips can be the sole source of income for some people.