bb,
<<I was raised by a Depression-era mother with this value set...I have no
debt except a small mortgage I can pay off with cash, one credit card
used as a charge card for emergencies, and a low-consumption lifestyle.
My first two houses and all my cars were paid for in cash>>
my goodness, are you well positioned if this whole thing comes down! you should be able to pick up a % or two of the real estate in the Bay Area, as the only person left with real $. Hope you're in T-bills, and not MMFs, though! As you well know, MMF's are an unsecured loan to your favorite financial institution ...
Peter
ps, if this really comes down, I'll be looking for odd jobs and yard work. you don't still mow your own lawn, do you? <g> |
