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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Horgad who wrote (85631)	2/15/2013 10:24:59 AM
From: TH	Respond to of 119361

H, You and me probably got 10,000 pennies in jars, waiting to kill a 10% return on a hundred dollar investment <G> Just like Rome we are. Pennies are a pain in the ass, but I recall as a child, only 40 years ago, saving them like they were gold. And then taking a bunch to this place called a bank, and I would add them to a pile I already had there. And in a year, I had MORE, and that MORE could actually buy more than the year before. Not every year, but often enough that the 4.5% was interesting. For all the madness, it should be possible to put something into savings and have it grow in value. At the core of our madness is the loss of this principle. Bernanke is wrong on the most fundamental level. But, on a more important topic, what are marketers going to do if they have can't tack 99 cents on the end of every price tag? Oh the pain. GT TH