Sunday, June 14, 2009

I Heard an Ad on TV

That's right, I wasn't facing the TV, hence it was only upon hearing an ad that I had to question what is Wealth. It was an ad for Smith Varney/Morgan Stanley. They said something to the effect that if you put your wealth with them, it will grow and be secure. Of course I had to go to my Bookmarks Bar and click on my resource for keeping my definitions in order.
this is what said for Wealth. "
1. a great quantity or store of money, valuable possessions, property, or other riches: the wealth of a city.
2. an abundance or profusion of anything; plentiful amount: a wealth of imagery.
3. Economics.
a. all things that have a monetary or exchange value.
b. anything that has utility and is capable of being appropriated or exchanged.
4. rich or valuable contents or produce: the wealth of the soil.
5. the state of being rich; prosperity; affluence: persons of wealth and standing.

Of course I am watching Meet The Press and maybe this NBC program brings the wealthy to the TV on Sunday mornings. It brings me. So, the wealthy, the people in our society who have an abundance of wealth, more than it takes to live day to day and Smith Varney/Morgan Stanley wants to manage it for them, of course for a small pittance. I'm sure that I could live off their pittance, the fee they charge. You see, I just don't have a clue, don't know anything about financial wealth. Most citizens of the world probably share my lack of understanding on financial security.

On another note, I am traveling to the SF Bay Area for my mother's 90th birthday on July 29th of this year. I will be flying down on the 28th and flying back on the 30th. Doesn't leave much time for anything, but it will be enough for my mom. 90 years old, who would have thought?

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