Debt Slavery for All!

[kalel]

i don't know why everybody is so concerned with buying stocks and real estate right now thinking that things are on sale. the real sale doesn't start for another 6 months.....

 

[trackstar]

I have no one. I have no living relatives (my last surviving relative--my grandmother--passed away only recently) and I have no siblings. My only child (a girl) died of leukemia almost 15 years ago and her mother died in childbirth and I never married.

Man, I'm sorry to hear about that . Way to stay strong bro, hang in there!

 

[wess]

So what do you propose that I do? Sell my place and sleep in the streets?




How old would you think I am?




Your financial goals and my financial goals are two completely different things. You most likely have a family or at least relatives to whome you can leave your money if anything should happen to you or after you pass on. As for myself, I have no one. I have no living relatives (my last surviving relative--my grandmother--passed away only recently) and I have no siblings. My only child (a girl) died of leukemia almost 15 years ago and her mother died in childbirth and I never married. My intention is not to become a millionaire. My intention is to live as comfortably as I can with what I have. After I pass on (hopefully not for a long while yet), I will leave all my assets to my friends and their families.

The only reason i even posted was because you made it sound like you had totally nothing to worry about. You are right, you dont need to do anything with your condo.

I have no idea how old you are but if you have had no principal losses on stocks then you must have had money in 10 years ago or more.

 

[Shakerod]

So what do you propose that I do? Sell my place and sleep in the streets?




How old would you think I am?




Your financial goals and my financial goals are two completely different things. You most likely have a family or at least relatives to whome you can leave your money if anything should happen to you or after you pass on. As for myself, I have no one. I have no living relatives (my last surviving relative--my grandmother--passed away only recently) and I have no siblings. My only child (a girl) died of leukemia almost 15 years ago and her mother died in childbirth and I never married. My intention is not to become a millionaire. My intention is to live as comfortably as I can with what I have. After I pass on (hopefully not for a long while yet), I will leave all my assets to my friends and their families.

I know there is a lot of bantering going back and forth between people in this forum, but I would just like to add my condolences for the tough times you have had in your life, I am truly sorry.

 

[Krustee]

Mentioned the benefits of gold here too.

 

[Krustee]

You cannot spell cannot as two words.

Thanks for adding your immeasurable wisdom on the subject Spermy!

 

[odin]

Well, clown, can you name one thing--just one tiny teensy weensy little thing--about which I should worry? Can you name ONE thing at all? ONE?!

Hmmmm. Cancer?

 

[assworshiper]

Hyperinflation should not be a concern. Money supply is defined as available cash + credit. Sure, we've printed a lot of cash, but credit has been destroyed and is shrinking at never before seen rates. Overall, the money supply is shrinking. We are actually in a defaltionary period. America, and maybe even Canada, is more likely to follow Japan's path of the last 2 decades, which has been a story of deflation. People have been living beyond their means for the past 2 decades, and are now entering a long term period of de-leveraging and repairing their balance sheets. It's time they learned to live within their means, and this is not inflationary, let alone hyperinflationary. The period we're about to enter is more like the 70's and what Japan has gone through in the past 20 years, rather than anything resembling hyperinflation. You compared our current situation to the depression, which is apt, but remember, no hyperinflation followed that either.