[quote=deadzone][quote=Coronita][quote=deadzone]I don’t have time to go through your entire dissertation on this subject, but once again it looks like you are drunk and typing random keys on your computer.
Just look at yourself in the mirror, how much of your net worth (i.e. Wealth) is tied up in RE and Stocks? Almost all of it I will go out on a limb? That would explain why you are so defensive whenever anyone brings up the topic of RE or stock market crashing.[/quote]
I understand because reading comprehension can be difficult at times.
But to your question. I’m not at all defensive, you’re the one overly defensive and trying to prove how right and smart you are. Bluntly put, this recession and inflation will not nearly affect me as much as you so i understand why you are hell bent on proving how right you are
Bluntly put, it sounds like you are so far behind building your financial house from being so pessimistic the past 20+years, it totally backfired, and now you need a miracle catch up to others that have been just inching forward slowly over the past twenty years.
It’s like the story of the tortoise and the hare, in which you thought you could outsmart the tortoise by picking some select one hit wonders, and didn’t bother to run the slow, tiny incremental race over the past 20 years that others have done to move their financial pillar forward step by step, slowly.. And now, due to poor planning on your part 20 years later, you’re seeing that the tortoise has crossed the finish line, and you haven’t even left the starting gate… So now you’re hoping for a miracle earthquake that will make the tortoise roll back to the start line, even though he already finished the race…Because even though the race has already been decided, by seeing the tortoise at the starting gate from an earthquake, somehow makes you feel like you can still win the race, in theory, despite the race is already over.
Why do you think I’m defensive about things again? I don’t need a miracle to be made whole and catch up 20 years of doing not much…. Sounds like you do…
Yes, the hard truth is: sometimes trying to be an outlier and outsmart everyone else, one ends up being dead wrong and end up in a financial dead zone for a long time.[/quote]
There you go again, trying to attack me personally just because I bring up the topic of RE and stock market crash. You and SDR are pretty much clones of each other at this point. If you guys are doing so great financially, which I truly believe you are, then why does it bother you so much that Stocks and RE may crash? Wouldn’t it be nice for the younger generation to afford houses in the future? You guys are just greedy, the “Fuck you I’ve got mine” mentality is strong.[/quote]
Well, my purpose is not to primarily attack you personally. It’s merely to point out all of your inconsistencies you post here that only makes sense back to my initial claim. You post here because you have serious axe grinding issues with people who have done better than you financially for the past 20+ years, which is a lot of average Joe’s, because they weren’t the sleeping hare with investments and you are looking for validation that those were good decisions you made the past 20 years, when clearly they were not. That’s why you are so fixated on a tsunami economic event and desperately seeking validation to miraculously catch up.
Context is important here, because you badly attempt to gaslight everyone when someone disagrees with many of your posts… You accuse them of taking things defensive because they are afraid of getting financially hurt..uh no, lol we are not defensive at all because.sorry to disappoint you, we have a 20 year head start while you were sleeping
..even average joe six pack that did the basic tax advantaged IRA/401k/Roth is ahead of you by 20+years..but thanks for checking on us…
I’m merely pointing out your big axe grinding bias …from falling behind financially over the past 20+ years from trying to outsmart the system, but that it blew up in face, both sitting idle and not securing a primary residence for 20+years. And also for not materially participating in the stock market for the 20+ years..
You got overly defensive when I brought that up but didn’t refute it..Is it because I’m correct why you are so defensive about it?
1. for the past 20+years of working , do you have a 401k , 403,traditional IRA and/or Roth IRA you make regular contributions to in a tax advantaged way?
2. if you don’t make regular contributions to one of the above in (1), have you even bothered to open a 401k, 403b, traditional IRA, or Roth IRA at any point during the past 20+ years of you working?
If your answer is no (1) and (2) that’s certainly your personal choice. BUT certainly glad it wasn’t mine.