A cartoon lesson on Investing
I practically grew up on Looney Tunes. Its one of my most favorite cartoons of all time. I happened to catch an episode recently can saw this clip called "heir conditioned". It teaches a great fundamental lesson on investing that I thought I'd share.
I cannot embed the video but you can watch the cartoon via the link below:
We may laugh at Sylvestor, but what Sylvestor represents is what goes on in the average American's mind after they've recieved a windfall. This is why many lottery winners end up broke after only a few years.