Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bobby beara who wrote (21896)	7/19/1998 10:28:00 PM
From: Bonnie Bear	Read Replies (1) of 94695

bobby: numbers from Yardeni's web site: mean income 18,000 money spent per year: rent/util 3300 food 2600 medical 3100 transp 2100 recreation 1800 personal business 1500 clothing 1100 Presumably this leaves 2000 a year to fund one's IRA . Now: stupid question from the audience #1. so I add this up and I can't find where you put social security, state and federal tax, medicare and health care "deductions". stupid question #2. so how are so many people buying houses unless they're putting no money down and going up to debt to their armpits? stupid question #3. If income has stayed flat for so long then where is all this mutual fund money coming from? Did most of it come from the 1993 home refinancing boom and represents debt pulled out of home equity? hmm.... BTW if anybody knows a place where I can get rent and utilities for $275 a month, please let me know...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next