SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (48976)4/22/2009 1:49:11 PM
From: benwood  Read Replies (2) | Respond to of 218140
 
My house costs $4200 per year in taxes, plus about $2500 per year in upkeep. And so far about avg of $7500 in interest per year (after tax break) for the past 15 years, although that number will be down to zero within a decade.

Still... I do want a roof over my head, and it's going to cost something. Even my tent from REI was $400.



To: Maurice Winn who wrote (48976)4/22/2009 4:56:11 PM
From: TobagoJack2 Recommendations  Read Replies (1) | Respond to of 218140
 
you have learned nothing.

let us start over, and pls pay attention, for i am doing you a favor, and have been since our first exchange Message 15410107 (2/26/2001)

- cash and near cash, and better than cash, and gold, and platinum, and silver are savings

- rental real estate is investment

- stocks are speculation

- houses (in the sense you may mean, meaning own residence) are consumption disguised as investment as manipulation of tax rights in attempt to grab hold of citizens as tax-serfs, mortgage principle slaves and interest cows, and nothing more than that except perhaps as the chips on the gaming table occupied by financial elites with free access to your wallet by way of central banking power money via first right of refusal atm draw

- company operated pensions are hopes

- government sponsored social security is a waste of hope