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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 408.23+2.3%Dec 22 4:00 PM EST

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To: THE ANT who wrote (109081)12/17/2014 7:43:13 PM
From: Lazarus  Read Replies (1) of 218673
 
Why so negative? I have 6 kids and two have graduated college and have great jobs. Two more are in college and I suspect they will find decent employment as well. Another son, who is a contractor, is keeping busy enuf to pay the mortgage. My daughter's husband is ALWAYS busy and his business is doing VERY well.

Add to that I know many of my children's friends, and they too are getting by OK. Sure some are struggling, but it was no different when I was their age --- I WAS THE ONE STRUGGLING.

I remember when I was around 20 (the 70's - high interest rates) thinking -- I'll never be able to buy a house!

What a difference a year or a decade makes!!!

Looking on the bright side the collapse in housing prices, while an inconvenience to older citizens, is a blessing for their children who can now actually AFFORD to buy a home.

My guess is that a lot of the folks posting on SI dont have children... because, I suspect that if they did they would have a more positive outlook (unless their kids are all losers).

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