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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: westpacific who wrote (76166)12/20/2006 10:17:16 AM
From: John Vosilla  Read Replies (1) of 110194
 
'With inflation and the debasing of the dollar, you're not a millionaire today unless you have a net worth north of 10 million.'

It depends where you live. Many are moving and investing in the heartland and that should be an ongoing trend for a long time to come. That $10M war chest in SF or NYC sure would go a lot further in suburbia of the large Texas cities, Atlanta and a host of other places.

realtor.com
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