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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (51108)	6/19/2004 1:44:01 AM
From: TobagoJack	Respond to of 74559

EP, <<so what's your problem ?>> ... there is no cushion at all ... property tax will rise ... gas price will surge ... used car will break down more often ... the only thing worth watching on TV is sports and porn ... a divorce will happen (50%) ... income from a third job will mean worse health ... and mean less job for another half person ... and will tend to depress wages for all ... 401K rules will be changed, by and by ... car price will rise as everything that goes into a car rises ... wages will not rise ... housing will crash Chugs, Jay

To: energyplay who wrote (51108)	6/19/2004 1:47:55 AM
From: energyplay	Read Replies (2) \| Respond to of 74559

Eventually, both cars are paid off, and then the credit card debt is reduced with transfering the balance to cards with lower rates. +4,000 Both people get nominal rasies at work of about 2%. +4,000 They get new cell phone an dland line contracts which cut phone bills. +200 As they get older, auto insurance rates drop slightly. +200 House fills up with clothes, knick-nacks, etc. Buying slows. +500 So about 2-3 years later, they will actually start adding to liquid net worth (non-house) at initially slow but later increasing rates. Some of the savings is tax sheltered, in IRAs, 4o1k, etc. Some will be company stock purchases at 15% discounts.

To: energyplay who wrote (51108)	6/19/2004 12:32:04 PM
From: smolejv@gmx.net	Respond to of 74559

Maybe nitpicking but... a) looks like we're talking dinks here, because I have not noticed anything remotely connected with having children. My experience is they cost more than both cars combined (why else call them "my dear"). b) >>For quite a few people, ... about 3-10 k transfer from parents each year<< "For quite a few" means for those, having parents who can afford to. A broken hip, a liver condition, senility kicks in and this entry is a goner. And/or changes the sides in the income statement.