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bsrsharma
ParticipantTo be honest, I think you are worrying that you may die soon. I agree that it is a rational fear. My suggestion would be, take 1,200K – 420K = 780K, invest it wisely in a high yield safe diversified investments, move to a lower cost locale with slower pace of life, live a more stress free life so that you can postpone your funeral. As a physician, you should be able to make a good living almost everywhere. California is overrated.
bsrsharma
ParticipantTo be honest, I think you are worrying that you may die soon. I agree that it is a rational fear. My suggestion would be, take 1,200K – 420K = 780K, invest it wisely in a high yield safe diversified investments, move to a lower cost locale with slower pace of life, live a more stress free life so that you can postpone your funeral. As a physician, you should be able to make a good living almost everywhere. California is overrated.
bsrsharma
ParticipantTo be honest, I think you are worrying that you may die soon. I agree that it is a rational fear. My suggestion would be, take 1,200K – 420K = 780K, invest it wisely in a high yield safe diversified investments, move to a lower cost locale with slower pace of life, live a more stress free life so that you can postpone your funeral. As a physician, you should be able to make a good living almost everywhere. California is overrated.
bsrsharma
ParticipantTo be honest, I think you are worrying that you may die soon. I agree that it is a rational fear. My suggestion would be, take 1,200K – 420K = 780K, invest it wisely in a high yield safe diversified investments, move to a lower cost locale with slower pace of life, live a more stress free life so that you can postpone your funeral. As a physician, you should be able to make a good living almost everywhere. California is overrated.
bsrsharma
ParticipantTo be honest, I think you are worrying that you may die soon. I agree that it is a rational fear. My suggestion would be, take 1,200K – 420K = 780K, invest it wisely in a high yield safe diversified investments, move to a lower cost locale with slower pace of life, live a more stress free life so that you can postpone your funeral. As a physician, you should be able to make a good living almost everywhere. California is overrated.
bsrsharma
Participantpiggyarg: Your argument is perfectly rational when measured from a fixed value $. But we (USA) have Helicopter Ben exactly to prevent that catastrophe from becoming noticed. He is pumping liquidity fast and creatively enough that asset deflation will not occur. Look for an inflation rate of at least 10% over the next decade as the forced liquidity works its magic. It is the ’70s story all over again – an expensive war followed by raging inflation. That helps all debtors, including governments. Really, there are no losers (other than savers, who aren’t many) politically.
bsrsharma
Participantpiggyarg: Your argument is perfectly rational when measured from a fixed value $. But we (USA) have Helicopter Ben exactly to prevent that catastrophe from becoming noticed. He is pumping liquidity fast and creatively enough that asset deflation will not occur. Look for an inflation rate of at least 10% over the next decade as the forced liquidity works its magic. It is the ’70s story all over again – an expensive war followed by raging inflation. That helps all debtors, including governments. Really, there are no losers (other than savers, who aren’t many) politically.
bsrsharma
Participantpiggyarg: Your argument is perfectly rational when measured from a fixed value $. But we (USA) have Helicopter Ben exactly to prevent that catastrophe from becoming noticed. He is pumping liquidity fast and creatively enough that asset deflation will not occur. Look for an inflation rate of at least 10% over the next decade as the forced liquidity works its magic. It is the ’70s story all over again – an expensive war followed by raging inflation. That helps all debtors, including governments. Really, there are no losers (other than savers, who aren’t many) politically.
bsrsharma
Participantpiggyarg: Your argument is perfectly rational when measured from a fixed value $. But we (USA) have Helicopter Ben exactly to prevent that catastrophe from becoming noticed. He is pumping liquidity fast and creatively enough that asset deflation will not occur. Look for an inflation rate of at least 10% over the next decade as the forced liquidity works its magic. It is the ’70s story all over again – an expensive war followed by raging inflation. That helps all debtors, including governments. Really, there are no losers (other than savers, who aren’t many) politically.
bsrsharma
Participantpiggyarg: Your argument is perfectly rational when measured from a fixed value $. But we (USA) have Helicopter Ben exactly to prevent that catastrophe from becoming noticed. He is pumping liquidity fast and creatively enough that asset deflation will not occur. Look for an inflation rate of at least 10% over the next decade as the forced liquidity works its magic. It is the ’70s story all over again – an expensive war followed by raging inflation. That helps all debtors, including governments. Really, there are no losers (other than savers, who aren’t many) politically.
December 23, 2008 at 7:30 AM in reply to: Fortune Magazine: 10 Worst Real Estate Markets for 2009 #319238bsrsharma
ParticipantI bet they can afford it
That answers it. I think people who can afford to buy comfortably (either mostly cash or with price = less than or 3 times annual income) should buy it. If everyone stays out, the whole market will freeze over and certainly there will be a depression. The best thing now is for wealthy people to start spending so that the market thaws.
December 23, 2008 at 7:30 AM in reply to: Fortune Magazine: 10 Worst Real Estate Markets for 2009 #319592bsrsharma
ParticipantI bet they can afford it
That answers it. I think people who can afford to buy comfortably (either mostly cash or with price = less than or 3 times annual income) should buy it. If everyone stays out, the whole market will freeze over and certainly there will be a depression. The best thing now is for wealthy people to start spending so that the market thaws.
December 23, 2008 at 7:30 AM in reply to: Fortune Magazine: 10 Worst Real Estate Markets for 2009 #319641bsrsharma
ParticipantI bet they can afford it
That answers it. I think people who can afford to buy comfortably (either mostly cash or with price = less than or 3 times annual income) should buy it. If everyone stays out, the whole market will freeze over and certainly there will be a depression. The best thing now is for wealthy people to start spending so that the market thaws.
December 23, 2008 at 7:30 AM in reply to: Fortune Magazine: 10 Worst Real Estate Markets for 2009 #319659bsrsharma
ParticipantI bet they can afford it
That answers it. I think people who can afford to buy comfortably (either mostly cash or with price = less than or 3 times annual income) should buy it. If everyone stays out, the whole market will freeze over and certainly there will be a depression. The best thing now is for wealthy people to start spending so that the market thaws.
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