Tuesday, August 16, 2011

Zero debt people and business.


If the stock market were to crash to zero, today, these people and companies would be able to survive. In fact history shows that in a down market that companies that have zero debt and the ability to buy without debt will come out WAY ahead when the market goes back up. Some of these companies have learned by the way of the hard knock school, failing with debt only to turn it around and be better without debt.

American financial author, radio host, television personality, and motivational speaker, David L. Ramsey III has an estimated net worth of $55 million.

Fastenal
They sell industrial supplies; they have 203 million in savings and zero debt
Infosys Technologies
They provide IT consulting services; they have 3.5 Billion in savings and zero debt
Cognizant Technology Solutions
They offer IT consulting and outsourcing services, they have 1.4 Billion in savings and zero debt
Lancaster Colony Corp.
They sell packaged foods, glassware and candles; they have 96 Million in savings and zero debt
Panera Bread Co.
Well you know about them; they have 305 Million in savings and zero debt.
WellCare Health Plans
They offer managed care services for government health programs; they have 1.1 Billion in savings and zero debt
Google
Everyone knows what Google is about; they have 27 Billion in savings and zero debt.
Texas Instruments
They design semiconductors; and have 2.8 Billion in savings and zero debt.
Apple
Everyone knows about them; they have 23 Billion in savings and zero debt. And if they were to liquidate everything they have they would be richer then the whole U.S.A.
Bed Bath & Beyond
They sell furnishings, linens and appliances; they have 1.5 Billion in savings and zero debt.

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