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


To: Gib Bogle who wrote (104726)8/30/2009 9:08:43 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 110194
 
I think it's a matter being aware of what price you have to pay in order to bring in the money you want to spend. Not many see it from that perspective.

Your description reminds me of childhood friend who happens to live a block down the street from me. He's a professor at USC and when he doesn't use his bicycle, he uses the bus and his bicycle and has always cooked at home, food tending toward the healthy a and plain. His partner works at JPL and has little interest in bicycles or carrying his own bag to grocery.

Our obligatory outgoings are quite small. I drive a 12 1/2 year old BMW with just 54k miles on it. After having the clear-coat re-sprayed a couple of years ago and replacing the cushion on the driver seat, it's indistinguishable from when it was new. Perhaps I never purchase another car?

Our big spending vice was the entertainment and convenience of restaurants, and that's gone for now. My partner doesn't have similar cooking experience so the first month was a bit rough. I'm always available for free consult, after all I'll have to be happy eating the food. If he doesn't want to cook he pays for dinner out - fine with me.
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