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

To: Dale Baker who wrote (93471)	10/31/2007 4:36:54 PM
From: Tommaso	Read Replies (3) \| Respond to of 306849

I see I can get a used copy for $2.00. But the shipping is $3.99. Too expensive for me <G>.

To: Dale Baker who wrote (93471)	11/5/2007 8:56:26 AM
From: Wyätt Gwyön	Respond to of 306849

Lots of wisdom in this book about who really makes it to 7-figure status. that book seemed to have two main types of millionaires. one was the entrepreneur--there will always be rich entrepreneurs, but it's hard to become one and you don't see all the failed entrepreneurs who didn't make it (survivorship bias). the second type, the one that is presumably easier to replicate, is the person living on a modest salary who scrimps and saves and makes money in the stock market over the course of many decades. the problem with using this type as a model is that the stock market isn't going to provide decades of very positive real returns going forward. the US stock market in the 20th century, especially the 80s and 90s, was an aberration. i think the people who get rich in America now have to be more proactive. being a tightwad will only get you so far these days.