to be able to provide financing service to poor people

you need to have adequate reserve to absorb the impact of economy fluctuation. This will mean your overall return on your total assets will not be super since you need some reserve for possible bad days in the future. I guess you guys really have high income and good relation with banks. Well, i can only envy, it needs money to make money.

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u got it: cash or cash equivalents are the key -- 给 槑 发送悄悄话 槑 的博客首页 (295 bytes) () 08/04/2010 postreply 11:52:46

I believe the key for your success is to get house -longtermInvestor- 给 longtermInvestor 发送悄悄话 longtermInvestor 的博客首页 (263 bytes) () 08/04/2010 postreply 11:58:12

that's 2 different keys -- 给 槑 发送悄悄话 槑 的博客首页 (244 bytes) () 08/04/2010 postreply 12:04:46

stocks are risky, the reason is we small investors do -longtermInvestor- 给 longtermInvestor 发送悄悄话 longtermInvestor 的博客首页 (472 bytes) () 08/04/2010 postreply 12:08:08

Thank you for bringing up such a good point -- -IntoTheWild- 给 IntoTheWild 发送悄悄话 IntoTheWild 的博客首页 (211 bytes) () 08/04/2010 postreply 21:17:27

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