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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (47531)1/21/2006 12:32:41 AM
From: GraceZRead Replies (2) | Respond to of 306849
 
People calculate what future wealth will cost them in the present, how much time they need to spend in school to get a better job, how many years they'll take to pay off student loans, how much time they'll end up working to pay for a car or a house or their child's education.

They trade off present consumption to accumulate wealth. They don't always come out ahead but most do unless they do something illegal or engage in speculation or gambling to get money. Criminals almost never accurately calculate the true cost up front, if they did the chump change jobs they sneer at would look far better. Gamblers and speculators don't accurately calculate probability so they too have a negative expected return over time.

The guy who spends less than he makes and invests the balance conservatively for all his working years dies ahead.



To: John Vosilla who wrote (47531)1/21/2006 7:13:07 AM
From: shadesRespond to of 306849
 
Spock: After a time, you may find that having is not so pleasing a thing, after all, as wanting. It is not logical, but it is often true. Amok Time

I should have listened - I thought having a woman around would be great - but I later found all the drama that comes with modern western female was not so hot - hehe. I dont have it now, and I no longer want it. You can learn a lot from Spock.



To: John Vosilla who wrote (47531)1/21/2006 10:45:33 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"And desire to obtain wealth or status at all costs also brings misery..."

Especially for those who didn't want to or couldn't play he game.