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

To: Elroy Jetson who wrote (59754)	8/11/2006 4:18:52 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

yeah, this is right up there with my favorite saving slogan.... You can't afford NOT to buy this!!!! But seriously, I once read this book "the millionaire next door" which is really kind of a silly book. Anyway he had interviewed many spenders over the years and their primary reason for spending and not saving seemed to be that they had lost so much trying to invest. It occurred to me that this group was from a prior generation to mine. People from the 70s, who saw their savings dry up in a whiff of inflation, and stock market losses. Of course at the time the MND was published, nobody thought that type of economy was possible again.