Welcome to Intergalactic Moneytalk where it is all about the money. Well the Klingons continue their massive deficit spending with no end in site. The Vulcan's are working on another bail out package. Klingon 10 year bonds are yielding 30% while Vulcan 10 years are at 1.8%. How are the Klingons reacting? There are riots in the streets on the Klingon home world. I played golf with a Ferengi last week
From the beaches on Risa to the far reaches of the Alpha Quadrant Intergalactic Moneytalk comes to you each and every week. We are here to answer you questions from anywhere in the galaxy. Call into Starfleet command on subspace using frequency 2221.
Rom is on the line from Fereninar. Hi Bob thanks for taking my call. Long time listener and newsletter subscriber. You told us that Gold is a great hedge. The Grand Negus is saying that Latinum would be even better. What is your view Bob?
Well Latinun is another speculative metal just like gold and silver. I don't have a problem with that. You could use the exchange traded fund symbol LAT that trades on the Ferengi stock exchange. Appreciate the call.
Galron is on the line from the Kllngon home world. I do not agree with your views on the Klingon economy Bob. You have insulted the house of Mogh and I demand satisfaction. Heghlu'meH QaQ jajvam Translation "Today is a good day to die". Well we will have to agree to disagree. Call terminated.
Topol is on the line from Vulcan. Hi Bob I appreciate your program. I am buying a second home on Risa. The bank is offering me a 15 year fixed loan at 4.5% and a 30 year loan at 4.25%. What is your recommendation Bob? Well how old are you Topol? 112. Well since the average Vulcan lifespan exceeds 150 I don't have a problem with the 30 year.
Kirk is on the line from Riverside Iowa. Bob I am currently home on shore leave. I am going on a 5 year mission to boldly go where no man has gone before. I will be too busy to manage my own money. Is there some place where I can put it safely for that time period? Well Kirk it is hard to find a place for that long that would be safe. You could put it in CDs insured by the Federation. Another option would be the Federation Interplanetary total stock market index fund at Fidelity or Vanguard but that wouldn't be without risk. Good luck on your mission.
Stay tuned for our special guest in the third hour. The Grand Negus will explain the Ferengi rules of acquisition. We have used many of these though out the years in marketing our products here successfully. Stay tuned.
Ferengi are a unique species. Their religion is commerce and their society is determined by profit.
The Ferengi believe that the universe is held together by the Great Material Continuum, also known as the Great River. The Ferengi believe that each part of the universe has too much of one thing, but not enough of another, and it is through the continual flow of the Great River that wants and needs can be fulfilled, if one navigates the River with sufficient entrepreneurial skill.
Remember Intergalactic Moneytalk on demand is available through subspace communications. You can download it to your tricorder and take it with you.
Ferengi Rules Of Acquisition
1. Once you have their money, never give it back
2. You can't cheat an honest customer, but it never hurts to try
3. If you can't break a contract, bend it
4. Anything worth selling is worth selling twice
5. Anything worth doing is worth doing for money
6. A deal is a deal ... until a better one comes along
7. When the customer is sweating, turn up the heat
8.. Never take the last coin, but be sure to get the rest
9. The vast majority of the rich in this galaxy did not inherit their wealth; they stole it
10. Free advertising is cheap
11. Praise is cheap. Heap it generously on the host
12. The bigger the smile, the sharper the knife
13. Never admit a mistake if there's someone else to blame
14. Enough is never enough
15. There is a customer born every minute
16. Greed is eternal
17. Buy, sell, or forget
18. Never trust your customers
19. Even in the worst of times someone turns a profit
20. Never give away for free what can be sold
21. Tell them what they want to hear
22. There's a sucker born every minute. Be sure you're the first to find each one
23. A warranty is valid only if they can find you
24. Never question luck
25. Satisfaction is not guaranteed
