Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: RetiredNow who wrote (257501)	6/29/2010 7:49:44 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 306849

>>I paid off my house today and I have no debt whatsoever and enough to retire on.<< awesome! i moved some money around today to pay off our house tomorrow. i'm sick of worrying about these criminals stealing my wealth out from under me. i watched the argentina collapse video and this woman was interviewed who had just had much of her wealth confiscated by the criminal banking cartel's government du jour. "how could i be so stupid!" she wailed. i don't want to be there, either. i still need to work some more on retirement, but i have some time for that. not making a house payment will help. >>I have been responsible. If I lived like our government lives then I'd be in a world of hurt and out on the street instead of sitting comfortably in my house that is paid off.<< yup. >>Economics is not hard.<< but beating back the ravages of money based on debt is impossible across an entire society. individuals can succeed, but not society as a whole. this needs to change. >>Spend less than you earn. Balance your checkbook. Put something away for a rainy day. If you borrow, make sure you have an appreciating asset or enterprise as collateral, and make sure you pay the loan back. Invest in your future through education and through staying healthy. I've lived my life using these simply principles and I've taught my kids to do the same. Maybe our government should go back to basics like that and ditch the pointy headed economists that have run our country off the cliff.<< in short, buy things that work for you or else you will work for your things... become a slave to your things. these bankers are cruel, too. they privatized the rain water in bolivia - it was illegal to even drink rain water in bolivia! many were paying 25% of their income to bechtel in order to drink water. they want to do similar to america.