Home › Forums › Financial Markets/Economics › Where is the best place to put my money?
- This topic has 210 replies, 19 voices, and was last updated 14 years, 3 months ago by andymajumder.
-
AuthorPosts
-
July 28, 2010 at 11:34 AM #584620July 28, 2010 at 11:37 AM #583587CoronitaParticipant
[quote=andymajumder]Seriously, if San Diego homes loose 80% of their value from the peak over the next 5 yrs….that would mean the economy has been completely destroyed by then and we are in a severe depression. Frankly, home prices would be least of my concern by then when I am standing in soup line with my kid and wife (I assuming we both would have lost our jobs by than).
Its great that you got your calls right till now, but don’t get carried away by negativity. I would advise you read Rick’s analysis on inflation and how the Fed can create significant inflation eventually if they keep the printing presses on.Will quality of life degrade for average american over the next couple of decades? probably yes. But, it will actually happen in the form of inflation as an additional form of taxation, where we will be spending a higher percantage of our disposable income on basic necessities of life like food, housing and clothing, like the rest of the world already does.[/quote]
I doubt we’ll see anything meaningful over the next 5 years. Bookmark this thread and lets revisit it in 5 years.
July 28, 2010 at 11:37 AM #583678CoronitaParticipant[quote=andymajumder]Seriously, if San Diego homes loose 80% of their value from the peak over the next 5 yrs….that would mean the economy has been completely destroyed by then and we are in a severe depression. Frankly, home prices would be least of my concern by then when I am standing in soup line with my kid and wife (I assuming we both would have lost our jobs by than).
Its great that you got your calls right till now, but don’t get carried away by negativity. I would advise you read Rick’s analysis on inflation and how the Fed can create significant inflation eventually if they keep the printing presses on.Will quality of life degrade for average american over the next couple of decades? probably yes. But, it will actually happen in the form of inflation as an additional form of taxation, where we will be spending a higher percantage of our disposable income on basic necessities of life like food, housing and clothing, like the rest of the world already does.[/quote]
I doubt we’ll see anything meaningful over the next 5 years. Bookmark this thread and lets revisit it in 5 years.
July 28, 2010 at 11:37 AM #584214CoronitaParticipant[quote=andymajumder]Seriously, if San Diego homes loose 80% of their value from the peak over the next 5 yrs….that would mean the economy has been completely destroyed by then and we are in a severe depression. Frankly, home prices would be least of my concern by then when I am standing in soup line with my kid and wife (I assuming we both would have lost our jobs by than).
Its great that you got your calls right till now, but don’t get carried away by negativity. I would advise you read Rick’s analysis on inflation and how the Fed can create significant inflation eventually if they keep the printing presses on.Will quality of life degrade for average american over the next couple of decades? probably yes. But, it will actually happen in the form of inflation as an additional form of taxation, where we will be spending a higher percantage of our disposable income on basic necessities of life like food, housing and clothing, like the rest of the world already does.[/quote]
I doubt we’ll see anything meaningful over the next 5 years. Bookmark this thread and lets revisit it in 5 years.
July 28, 2010 at 11:37 AM #584323CoronitaParticipant[quote=andymajumder]Seriously, if San Diego homes loose 80% of their value from the peak over the next 5 yrs….that would mean the economy has been completely destroyed by then and we are in a severe depression. Frankly, home prices would be least of my concern by then when I am standing in soup line with my kid and wife (I assuming we both would have lost our jobs by than).
Its great that you got your calls right till now, but don’t get carried away by negativity. I would advise you read Rick’s analysis on inflation and how the Fed can create significant inflation eventually if they keep the printing presses on.Will quality of life degrade for average american over the next couple of decades? probably yes. But, it will actually happen in the form of inflation as an additional form of taxation, where we will be spending a higher percantage of our disposable income on basic necessities of life like food, housing and clothing, like the rest of the world already does.[/quote]
I doubt we’ll see anything meaningful over the next 5 years. Bookmark this thread and lets revisit it in 5 years.
July 28, 2010 at 11:37 AM #584625CoronitaParticipant[quote=andymajumder]Seriously, if San Diego homes loose 80% of their value from the peak over the next 5 yrs….that would mean the economy has been completely destroyed by then and we are in a severe depression. Frankly, home prices would be least of my concern by then when I am standing in soup line with my kid and wife (I assuming we both would have lost our jobs by than).
Its great that you got your calls right till now, but don’t get carried away by negativity. I would advise you read Rick’s analysis on inflation and how the Fed can create significant inflation eventually if they keep the printing presses on.Will quality of life degrade for average american over the next couple of decades? probably yes. But, it will actually happen in the form of inflation as an additional form of taxation, where we will be spending a higher percantage of our disposable income on basic necessities of life like food, housing and clothing, like the rest of the world already does.[/quote]
I doubt we’ll see anything meaningful over the next 5 years. Bookmark this thread and lets revisit it in 5 years.
July 28, 2010 at 11:46 AM #583592andymajumderParticipant[quote=flu][quote=andymajumder]Seriously, if San Diego homes loose 80% of their value from the peak over the next 5 yrs….that would mean the economy has been completely destroyed by then and we are in a severe depression. Frankly, home prices would be least of my concern by then when I am standing in soup line with my kid and wife (I assuming we both would have lost our jobs by than).
Its great that you got your calls right till now, but don’t get carried away by negativity. I would advise you read Rick’s analysis on inflation and how the Fed can create significant inflation eventually if they keep the printing presses on.Will quality of life degrade for average american over the next couple of decades? probably yes. But, it will actually happen in the form of inflation as an additional form of taxation, where we will be spending a higher percantage of our disposable income on basic necessities of life like food, housing and clothing, like the rest of the world already does.[/quote]
I doubt we’ll see anything meaningful over the next 5 years. Bookmark this thread and lets revisit it in 5 years.[/quote]
I kind of agree, however even people who are quite strongly bearish about the future like David Rosenburg, think being is cash is not a good idea at all
July 28, 2010 at 11:46 AM #583683andymajumderParticipant[quote=flu][quote=andymajumder]Seriously, if San Diego homes loose 80% of their value from the peak over the next 5 yrs….that would mean the economy has been completely destroyed by then and we are in a severe depression. Frankly, home prices would be least of my concern by then when I am standing in soup line with my kid and wife (I assuming we both would have lost our jobs by than).
Its great that you got your calls right till now, but don’t get carried away by negativity. I would advise you read Rick’s analysis on inflation and how the Fed can create significant inflation eventually if they keep the printing presses on.Will quality of life degrade for average american over the next couple of decades? probably yes. But, it will actually happen in the form of inflation as an additional form of taxation, where we will be spending a higher percantage of our disposable income on basic necessities of life like food, housing and clothing, like the rest of the world already does.[/quote]
I doubt we’ll see anything meaningful over the next 5 years. Bookmark this thread and lets revisit it in 5 years.[/quote]
I kind of agree, however even people who are quite strongly bearish about the future like David Rosenburg, think being is cash is not a good idea at all
July 28, 2010 at 11:46 AM #584219andymajumderParticipant[quote=flu][quote=andymajumder]Seriously, if San Diego homes loose 80% of their value from the peak over the next 5 yrs….that would mean the economy has been completely destroyed by then and we are in a severe depression. Frankly, home prices would be least of my concern by then when I am standing in soup line with my kid and wife (I assuming we both would have lost our jobs by than).
Its great that you got your calls right till now, but don’t get carried away by negativity. I would advise you read Rick’s analysis on inflation and how the Fed can create significant inflation eventually if they keep the printing presses on.Will quality of life degrade for average american over the next couple of decades? probably yes. But, it will actually happen in the form of inflation as an additional form of taxation, where we will be spending a higher percantage of our disposable income on basic necessities of life like food, housing and clothing, like the rest of the world already does.[/quote]
I doubt we’ll see anything meaningful over the next 5 years. Bookmark this thread and lets revisit it in 5 years.[/quote]
I kind of agree, however even people who are quite strongly bearish about the future like David Rosenburg, think being is cash is not a good idea at all
July 28, 2010 at 11:46 AM #584328andymajumderParticipant[quote=flu][quote=andymajumder]Seriously, if San Diego homes loose 80% of their value from the peak over the next 5 yrs….that would mean the economy has been completely destroyed by then and we are in a severe depression. Frankly, home prices would be least of my concern by then when I am standing in soup line with my kid and wife (I assuming we both would have lost our jobs by than).
Its great that you got your calls right till now, but don’t get carried away by negativity. I would advise you read Rick’s analysis on inflation and how the Fed can create significant inflation eventually if they keep the printing presses on.Will quality of life degrade for average american over the next couple of decades? probably yes. But, it will actually happen in the form of inflation as an additional form of taxation, where we will be spending a higher percantage of our disposable income on basic necessities of life like food, housing and clothing, like the rest of the world already does.[/quote]
I doubt we’ll see anything meaningful over the next 5 years. Bookmark this thread and lets revisit it in 5 years.[/quote]
I kind of agree, however even people who are quite strongly bearish about the future like David Rosenburg, think being is cash is not a good idea at all
July 28, 2010 at 11:46 AM #584630andymajumderParticipant[quote=flu][quote=andymajumder]Seriously, if San Diego homes loose 80% of their value from the peak over the next 5 yrs….that would mean the economy has been completely destroyed by then and we are in a severe depression. Frankly, home prices would be least of my concern by then when I am standing in soup line with my kid and wife (I assuming we both would have lost our jobs by than).
Its great that you got your calls right till now, but don’t get carried away by negativity. I would advise you read Rick’s analysis on inflation and how the Fed can create significant inflation eventually if they keep the printing presses on.Will quality of life degrade for average american over the next couple of decades? probably yes. But, it will actually happen in the form of inflation as an additional form of taxation, where we will be spending a higher percantage of our disposable income on basic necessities of life like food, housing and clothing, like the rest of the world already does.[/quote]
I doubt we’ll see anything meaningful over the next 5 years. Bookmark this thread and lets revisit it in 5 years.[/quote]
I kind of agree, however even people who are quite strongly bearish about the future like David Rosenburg, think being is cash is not a good idea at all
July 28, 2010 at 12:21 PM #583607UCGalParticipant[quote=flu][
54 months is an awfully long time for a 2.65% rate imho.[/quote]
I don’t disagree. But it’s only tied up if I’m unwilling to forfeit interest. In other words – its as liquid as I need it to be – in case something else comes along.
As I said – this is my “emergency fund” money… needs to be available if I need it. Needs to have principal protected. And the savings account rates and money market rates are WAAAY more suckful. I had it in a 4.5% cd that expired. I was sad when that expired.
July 28, 2010 at 12:21 PM #583698UCGalParticipant[quote=flu][
54 months is an awfully long time for a 2.65% rate imho.[/quote]
I don’t disagree. But it’s only tied up if I’m unwilling to forfeit interest. In other words – its as liquid as I need it to be – in case something else comes along.
As I said – this is my “emergency fund” money… needs to be available if I need it. Needs to have principal protected. And the savings account rates and money market rates are WAAAY more suckful. I had it in a 4.5% cd that expired. I was sad when that expired.
July 28, 2010 at 12:21 PM #584234UCGalParticipant[quote=flu][
54 months is an awfully long time for a 2.65% rate imho.[/quote]
I don’t disagree. But it’s only tied up if I’m unwilling to forfeit interest. In other words – its as liquid as I need it to be – in case something else comes along.
As I said – this is my “emergency fund” money… needs to be available if I need it. Needs to have principal protected. And the savings account rates and money market rates are WAAAY more suckful. I had it in a 4.5% cd that expired. I was sad when that expired.
July 28, 2010 at 12:21 PM #584343UCGalParticipant[quote=flu][
54 months is an awfully long time for a 2.65% rate imho.[/quote]
I don’t disagree. But it’s only tied up if I’m unwilling to forfeit interest. In other words – its as liquid as I need it to be – in case something else comes along.
As I said – this is my “emergency fund” money… needs to be available if I need it. Needs to have principal protected. And the savings account rates and money market rates are WAAAY more suckful. I had it in a 4.5% cd that expired. I was sad when that expired.
-
AuthorPosts
- You must be logged in to reply to this topic.