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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ggamer who wrote (92494)3/19/2008 6:34:20 PM
From: benwood  Read Replies (1) | Respond to of 110194
 
Re: Is cash king?

That's the $64000 question.

If you have cash, then next year your next egg will only afford today's $57600 question.

Wait another year, and you'll be looking hopefully at the ability to purchase a $51840 question.

Another couple years, you'll have the assets to purchase a $42000 question. That's still a thousand times more than the question about life, the universe, and everything, but still a lot less buying power than today.

Therein lies the rub.