So… Who’s left?

[The-Shoveler]

I am not sure if Japan set inflation targets before.

It will be interesting when the worlds now third largest economy starts out on this new adventure of state targeted stock market index levels and inflation targets.

interesting times.

[Jazzman]

[quote=bearishgurl][quote=Jazzman]CA Renter, your comments much appreciated, and your reasons or buying are solid. It’s encouraging to see buyers (myself included) have retained a healthy dose of skepticism. I drop in from time to time as I still think this forum is good.

BG I just paid my property tax bill from Feb to Aug 2013 of $187.55. I wish I knew how to post a copy of the bill on the forum. PM me and I’ll send a copy. Crazy isn’t it? My retired next door neighbor pays even less. It’s a hard life out here in Hawaii :)[/quote]

$750 yr taxes … not bad, Jazzman. How big did you say your condo in HI was again?

And can you keep the Piggs apprised of your search for a house in France? Inquiring minds want to know if you found something there that you will be able to “retire” in :)[/quote]
[img_assist|nid=17188|title=France|desc=|link=node|align=left|width=100|height=69]

🙂

[earlyretirement]

[quote=FormerSanDiegan][quote=earlyretirement]Yep. You can’t keep printing endless supplies of money with NO consequences. It can last for a little while but there WILL be a day of reckoning and you just have to be prepared for it.[/quote]

There will be a day of reckoning. The real quesiotn is how long until that day comes and will it matter to me.

Consider the Japan example…
Suppose you were a bright, intelligent 45-year-old, there when their interest rate dropped below 1%. You know that Japan can’t keep the rate near zero forever, so you start positioning for the eventually consequences.

Rates dropped below 1% in Japan in 1995.

That person that was 45-years old when rates dropped below 1% is still waiting … and they are now age 62. They would have spend nearly the second half of their career in a less than 1% interest rate climate.

SO, while I believe that one should have some hedges against scenarios where rates turn around, inflation runs rampant, one should also be prepared for those things to not happen in a time-scale of their productive lifetime.[/quote]

Exactly right FSD. We live in interesting and difficult to predict times. Absolutely NO ONE knows when that day will come. Lots of experts try to pretend like they know but the truth is no one knows.

The Fed can artificially keep interest rates low for quite a while, further punishing savers and retirees. I mean let’s face it….we’ll probably be stuck in a very low interest rate environment probably until at least 2015.

I guess that’s why you just have to stay well diversified in different “baskets”. But very difficult to predict what will happen and when. Like I said…we live in very interesting times.

[Author]

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