Eat too much steak and your arteries will clog up. You’ll die before you get to enjoy all your money.
Personally, I’m not predicting gloom and doom. But then again, Dow 11,000 will not surprise me. It’s always possible. Your wealth is only relative to others. If I loose 20% and other loose 50%, then I’m still relatively better off.
We should not fixate on a certain percent. We just need to maintain and improve our purchasing power relative to others.
That’s especially true when it comes to Real Estate. If you can move up when others are moving down, then you did something right.
