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: Ilaine who wrote (82039)10/24/2011 5:20:59 PM
From: Maurice Winn3 Recommendations  Read Replies (1) | Respond to of 218147
 
It's obvious who is the brains of the outfit: <Husband wanted to get a new Prius to save money on gas but I talked him into keeping his paid-for Subaru. Son was also thinking about a Prius but I talked him into keeping his paid-for Toyota Tacoma. No car payment is cheaper than low gas mileage > Maybe the real reason was not to save money but to have a fashionable object or be in the "right" social club. Or trying to justify a new car. Those who think themselves "green" go for image over substance. Do they think they are "Green" and care for the environment?

20 years ago [last August] I met an electrical engineer [from Qualcomm] and his father at a social function. The father was keen to get an electric car "for the environment". I explained that he would achieve far more by buying TWO fuel-efficient new gasoline cars [for the same price], then going for a drive in one to find a poor young guy with a smokey old large car and offering to swap cars, then taking the old car to the scrap yard, catching a taxi home. He would have a car that would actually work, and well. The young guy would be thrilled.

Mqurice



To: Ilaine who wrote (82039)10/24/2011 7:13:40 PM
From: TobagoJack  Read Replies (1) | Respond to of 218147
 
<<Main reason we are saving, not spending, is uncertainty about what those idiots in Congress are going to do next. Shut down the government, tax the "rich", get rid of the mortgage interest deduction, who knows?>>

- they will not shut down the government, for that would be sure way to end their reign of terror

- tax the "rich"? they may try, success uncertain, unless taxing the rich for the fixed addresses they sport, in which case they would enhance the real estate issues

- get rid of mortgage interest deduction? unlikely. more likely they, in a pinch, hit delete key on mortgage contracts. they must try to revive the "old" economy else they wouldn't be idiots.

- who knows? the for the people by the people knows, deep down in their heart of hearts - monetary reset.

an observation, it is pointless to be thrifty and save some cash here and there, only to stop over at the interim stop that is the soon to be troubled currency itself. rest assured of one certainty, that the usd shall reset, either in a continuous "boil the frog" continuous but jagged down sloping function, or interspersed with a few iterations of discontinuous step-down function, or less painful but more sharp, just go poof on one otherwise calm day, argentine style.

should you insist on not having faith in gold and all derivatives of gold, along with platinum, palladium and silver, the essential metals, then i suggest you consider mcd finance.yahoo.com