I love that dart throwing contest, and it is the reason I switched to index funds back in the early 90’s. The WSJ had a weekly column where the chimpanzees beat the pros most of the time.
The thread about the future of housing prices was an entertaining debate. I don’t know for sure it will go down 50%, but I am sure enough of a big drop that I sold my house. Only time will tell if my move was good. More important, how I spend my earnings determines if my decision was good.
Docteur, thanks for your lovely post about your family, and your dreams for your son. In a mobile society, stories of permanence such as yours are inspiring. While I cannot give my kids the family house (since I have more than 1), and cannot afford it anyway, I find your story sweet. Unfortunately, many Americans are counting on the sale of their home to fund their retirement. If more people lived within their means, we would hear more stories like yours. I hope your son’s job keeps him in San Diego, so he can live close to his parents and the city he loves.