Now live in not only a state with a good economy but an area with an even better economy a bunch of out of state assholes are moving to driving the prices up to retarded levels while also turning semi rural areas into cities
Why don’t these younger generations pull themselves up by the boot straps like I did
- Thread starter BurtG
- Start date
All those words, to simply prove my point.
Your generation is incapable of confronting the idea that you may have, through no fault or accomplishment of your own, been recipients of good fortune.
Your post also displays a complete lack of ability to think beyond your own personal, anecdotal experience. Or, as my southern grandmother would say, "you can't see past the end of your nose."
I also notice that you rather conveniently decided not to address any of the verifiable, quantifiable financial data from my first post.
And in closing, I'll leave you with the irony of you stating you have no interest in showing me your dick, and then going on to do exactly that.
They did teach you about metaphors in the Golden days, did they not?
He actually wants to move out west to a less populated state. Unfortunately by the time he could get out there who knows what it would be like.
are we rollin down hill like a snoball headed to hell
Heck the math outlay in the gold buying power post I made would make any rational average intelligent person say holy shit! End of Story!
But boomers love to wax on how “tough” it was. They had it the worst! Just ask them! Nobody suffers today like they did !
Lmaoooooo
100% correct…so the real question is ”why is that so?”
I know you know…but for the folks with women’s studies degrees, the answer is in post #16.
Look at from the other side of that coin, pun entirely intended: An ounce of gold still buys roughly the same quantity of goods or services that it did 100 years ago; hell, probably 1000 years ago.
The old saw was that it took an ounce of gold to pay for a banker’s suit with shoes, belt and top hat. At $3600/ounce these days, that’s also about what a custom-tailed suit with shoes and belt cost today. Maybe a bit less, because we've increased production efficiency so much, and TBH, we’ve also lowered the standards on what would be considered a “good suit” appropriate for a professional. A real “bespoke” suit from an actual high-end tailor will cost a lot more than $3600 these days, but luckily no one wears them anymore anyway! LoL
Bottom line: shit’s not more expensive…it’s simply that the currency we use has just been debased/devalued so much that compensation can’t keep pace (inflation). Welcome to the Weimar Republic or maybe soon, even Robert Mugabe’s Zimbabwe.
Good times ahead y’all!
Edit: not a boomer, gen X, but close…
The average new car price in 75 was $4800, that would be nice. According to a quick search a dollar today will buy 16.667% of what a Dollar bought in 1975
Exactly my point.
Now see this as to why. (I know you know) this is for the boomers in the back.
Haha rather an eloquent way of stating you know nothing, please carry on . I find BS amusing, signed boomer.
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Yup, there’s a reason half of my 401K from my second career is in various gold and other precious metal funds, primarily Sprott where you’re buying shares of physical gold.
That paper gold’s not worth shit of course, but it’s better than nothing as a backstop to counter the inflation slowly eating up my other investments and savings from my other lifetime of work. I admit I got lucky landing the role that led to my second career…1/3 of my compensation was in company stock, and it went vertical about 4 years into my 9-year second career.
Paid for that success dearly in the form of taxes (I paid more in taxes in 2018 than I had ever earned in a single year up to that point), but that windfall allowed me to seriously increase my holdings of physical gold, and other precious metals like lead and brass, LoL.
And it also allowed us to pay cash for more than half our current home and property, with the annual property tax burden covered by some of it set aside in very low risk investments. Property taxes are another sore point for me, but that’s a discussion for another thread.
So yeah, I got lucky, but was smart enough to capitalize on the opportunities that were placed in front of me…most of my co workers sold their stock as soon as they were vested, and then bitched when the price quintupled a year or two later.
I don’t have all the answers, but know that you can still do well in this economy if you work hard and are smart on how you manage your earnings. It’s a lot harder for sure, but the basic 2-step recipe for success is still the same:
1) Don’t spend more than you earn (live below your means)
2) Invest regularly…the investment vehicle is largely irrelevant as long as you’re not a moron dumping everything into meme stocks, LoL.
No feelings, no facts, someday you’ll get there, what time period did your parents a grandparents live in ? Study history more ok, wtf they call this back when, chatty chat?
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