JoeB's Photoblog
Woodbine Racetrack
Posted by JoeB (Brampton, Canada) on 11 October 2008 in Business & Industry and Portfolio.
With the global collapse of banks and lending institutes where all looking for safe places to stash our money. I've never trusted the Stock Market its gambling and goes in cycles. There is always a high point then a collapse small or large, the advice is always hang in there, go for the long run, but what if the long run is now for someone?
As I'm writing this (Friday) our Finance Minister has announced that our banks and mortgage institutions are sound in Canada. But to make sure he's injecting 25 billion dollars to stabalize and secure mortgages. This is suppose to free the banks to lend money and keep the economy rolling along. Our Stock Markets have been dropping points in record numbers like elsewhere, and now our Finance Minister is off to Washington for a G-7 meeting. So back to the racetrack I just might visit and watch the beauty of horses coming down the last stretch, so win or lose it will be under my influence and control.
