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DooohParticipant
[quote=AN][quote=CA renter]
Yes, you might think that 10X assets would let you retire, but when the Fed is destroying your purchasing power they way they are today, you’ll see how tenuous that feeling of security is. IMHO, this currency debasement is one of the most frightening aspects of our economy today.[/quote]
My requirement of retirement is to be able to live off the interest. So, as long as the currency debasement pair up w/ safe investments yielding at the rate of inflation, then I think I should be OK. Especially with a house and car paid off. The rest of the expenses are chump change.[/quote]What would living off the interest look like if the house and cars were paid off?
$25k a year, $60k, $75K?
DooohParticipant[quote=AN][quote=CA renter]
Yes, you might think that 10X assets would let you retire, but when the Fed is destroying your purchasing power they way they are today, you’ll see how tenuous that feeling of security is. IMHO, this currency debasement is one of the most frightening aspects of our economy today.[/quote]
My requirement of retirement is to be able to live off the interest. So, as long as the currency debasement pair up w/ safe investments yielding at the rate of inflation, then I think I should be OK. Especially with a house and car paid off. The rest of the expenses are chump change.[/quote]What would living off the interest look like if the house and cars were paid off?
$25k a year, $60k, $75K?
DooohParticipant[quote=AN][quote=CA renter]
Yes, you might think that 10X assets would let you retire, but when the Fed is destroying your purchasing power they way they are today, you’ll see how tenuous that feeling of security is. IMHO, this currency debasement is one of the most frightening aspects of our economy today.[/quote]
My requirement of retirement is to be able to live off the interest. So, as long as the currency debasement pair up w/ safe investments yielding at the rate of inflation, then I think I should be OK. Especially with a house and car paid off. The rest of the expenses are chump change.[/quote]What would living off the interest look like if the house and cars were paid off?
$25k a year, $60k, $75K?
DooohParticipantBravo
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January 24, 2011 at 9:46 AM in reply to: Free home anyone? The Utah court ruled, and this cat just got himself a free casa #657419DooohParticipantThat was the point of MERS right? To destroy the Paper Title and make it an Electronic Title, which is much easier to handle. Stacks of bits on a hard drive vs stack of paper in a warehouse are a banks best friend.
January 24, 2011 at 9:46 AM in reply to: Free home anyone? The Utah court ruled, and this cat just got himself a free casa #657480DooohParticipantThat was the point of MERS right? To destroy the Paper Title and make it an Electronic Title, which is much easier to handle. Stacks of bits on a hard drive vs stack of paper in a warehouse are a banks best friend.
January 24, 2011 at 9:46 AM in reply to: Free home anyone? The Utah court ruled, and this cat just got himself a free casa #658082DooohParticipantThat was the point of MERS right? To destroy the Paper Title and make it an Electronic Title, which is much easier to handle. Stacks of bits on a hard drive vs stack of paper in a warehouse are a banks best friend.
January 24, 2011 at 9:46 AM in reply to: Free home anyone? The Utah court ruled, and this cat just got himself a free casa #658221DooohParticipantThat was the point of MERS right? To destroy the Paper Title and make it an Electronic Title, which is much easier to handle. Stacks of bits on a hard drive vs stack of paper in a warehouse are a banks best friend.
January 24, 2011 at 9:46 AM in reply to: Free home anyone? The Utah court ruled, and this cat just got himself a free casa #658549DooohParticipantThat was the point of MERS right? To destroy the Paper Title and make it an Electronic Title, which is much easier to handle. Stacks of bits on a hard drive vs stack of paper in a warehouse are a banks best friend.
January 19, 2011 at 6:46 AM in reply to: What is the equivalent home in San Diego to this $158k home in Austin? #655710DooohParticipantVacation is in the books for this Summer.. That said were more of a spontaneous couple. I wouldn’t be surprised if we’re out in Tx sooner rather than later.
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