DOOOOOOOMMM!

Anyone else a little tired of hearing about how the United States is on the verge of financial collapse?

I won't pretend to remember much from my days as a Finance major at Baylor but I do remember a few key things. The first being that your opportunity for return in any investment almost always coincides with the level of risk you take. Big risk equals big return, little risk equals little return. Banks and mortgage companies took big risks in handing out loans like they were candy. They weren't just being nice, they were hoping they would reap an amazing return on their investment. Their hunches were wrong and they lost. If I take a big risk expecting great returns and I lose, well, I lose - there is nobody there to pay me billions of dollars to take away the loss.

The second thing I remember about the world of Finance is that the stock market moves on "news." If there is good news, surprise, the stocks soar. If there is bad news, you guessed it, the stocks dive. Pretty complicated huh? So, what I'm thinking is, maybe it would be a good idea to move past all this "the sky is falling" talk and get back to life. If everyone would go to work and work hard at what they do, I imagine everything will work out just fine. I'm starting to feel like maybe we're all in the movie Chicken Little.