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sdduuuude
ParticipantSuddenly, I’m interested in posting over there just to see how well she keeps learning.
We could start a pool to see how long it takes her to start deleting posts under the guise of “Moderating” her forum.
ParticipantI’m no powayseller supporter, but I, too, have a feeling this is not her post. I’m sure she’ll post here soon if it isn’t her.
May 3, 2007 at 8:47 AM in reply to: “Those who say the prices are going to go down 50 percent are just yahoos who are not looking at the whole picture,” #51692ParticipantI know one person that predicted the S&P 500 would drop to 600 by Spring 2007 and that housing would drop by 50%. The first prediction has brought her to true “Yahoo” status. I’m thinking the second may only solidify that status, but we won’t know for a few years.
Being neither a disgruntled renter, a recent purchaser, nor a highly leveraged owner, I see this from a different perspective – I see yahoos on both sides – those who keep calling the bottom and those who expect massive drops any day now.
The frog is starting to boil.
ParticipantI think there is a small group who are victims. Those who simply don’t understand how all this works, who trusted someone that shoved a piece of paper in front of them to sign with the assurance that everything would be OK.
Problem is, everyone now wants to say they are one of those victims when, in-fact, many were fraudulent and greedy.
Participantsdr – you are my hero.
ParticipantSomeone is speaking out of both sides of their mouth here.
“A better indicator of quality of living can be found in property growth values.”
Looks like it is still for sale, down to $598,000.
From $650,000 to $598,000. How’s that for a growth in property values?ParticipantInteresting thought – well said, anx.
Participanttube_ee said “Those properties and uses create a floor for gold’s value …”
There are really no properties of paper money that create a floor for its value.
Participanttube_ee – your argument is further confused by the fact that you are undoubtedly looking at the price of gold in dollars.
If the fiat currency has devalued significantly, it isn’t that gold is artificially over-valued. It could be that the fiat currency has significantly devalued while the true value of gold has changed little.
ParticipantBest to check with the lawyers who wrote the trust.
Well written trusts will give you the house at a new basis based on today’s market. Seems to me that there is some rule about that, though. The basis can only be adjusted once, maybe twice on the same property. Check into it.
When done correctly, the trust is the best way.
ParticipantSP500DroppingTo600BySpring07.com
ParticipantMeeeeoooowww
Ack
Boing
WheeeeeeeeeeeeeeeeeeeeParticipantMeeeeoooowww
Boing
WheeeeeeeeeeeeeeeeeeeeParticipantFor me, wealth is all about freedom. Freedom to do what you want to do, without external factors, people or situations altering your chosen actions.
This means having time that is not controlled by anyone else and having money to “rearrange” any situation that comes up which isn’t to your liking.
Yes, being surrounded by family and friends is great, and it is something a wealthy person may choose do do with their time, but it isn’t necessarily wealth in and of itself.
To be free is to be wealthy, to me.
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