Exactly my point. In depressions, many, many people lose income or jobs, and even if they want to, can't pay the rent, and it takes time and...
I still think its not good enough to justify the risk in a depressionary environment, as a second leg down could easily put you 20% underwater....
I bet it doesn't take into account the decline in the value of paper vs real things, either.
You're too early. You need to budget for taxes, maint and depreciation, vacant time, cost to get and keep rented, etc. Another 15 or 20%...
So, you think it goes higher next week, then?
Margins raised again, another bubble deflated... LOL Print some more and see where the next one inflates!
3 mm isn't enough unless you have a job waiting or plan to live low...
Dollars are debt, not money. I bet my numbers will be way low. $5000 in the next 5 to 10 years $10000 in the next 20 years
I think the thing thats missing is that money needs to be a store of value. I would suggest looking at the rules that defined what qualities...
The more likely question is: "Will $7 million be enough to retire on when you get to where you have it?" I have no doubt I'll get to $7 million...
GOLD All paper is eventually worthless.
And what will that principal be worth 30 years down the road? 33 yrs ago I bought a brand new Dodge Magnum, completely loaded, for about $4200....
I think you people have a problem understanding the definition of rich... "RICH" is when you get to where you don't need to bother to ask "how...
1. TIPS - do you REALLY believe the government's published inflation numbers? They are running 1/3 of the real inflation. And to add insult to...
Sure, it might start out that way, but look what it has devolved into... A BUNCH OF PONZI SCHEMES COVERING THE GLOBE Printing money to buy...
You can't retire comfortably with only $2 million. You have up to 30 years to live, you get no interest from your savings, and the dollars...
ALL central banks of countries with FIAT currencies that are in depressions. Because they think it will help their economy's recover, or at...
When people/funds sell stocks or bonds, the other side of that trade is that they are buying dollars as a result, putting upward pressure on the...
Well, I think you could argue that initially, when they went from gold and silver to paper, it was not with the intent to defraud the people, but,...
I think its pretty obvious that all paper money eventually turns into a fraud, even if it wasn't the original intent.
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