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To: qam1

One story I like to tell involves buying our house in 1977 for $55,500. Only 35 years ago when there was a discussion in the media about the federal budget and expenditures it was at the most about billions of dollars. Now stories routinely talk about trillions of dollars. If that sort of event occurred with my house, I would currently list it to sell at $55,500,000. I keep thinking there is are really disastrous events coming in the future.


12 posted on 05/14/2012 2:51:18 PM PDT by Retain Mike
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To: Retain Mike
One story I like to tell involves buying our house in 1977 for $55,500.

I paid...$65k for a house...3 years ago.

I'm thinking your analogy is really anecdotal...on where you bot, what you bot, and when you bot.

For what it's worth.....

13 posted on 05/14/2012 2:57:35 PM PDT by Osage Orange (The MSM is the most dangerous entity in the United States of America.)
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To: Retain Mike

I don’t buy PM’s to make money. I buy it for insurance.
If you believe you are storing wealth by putting your money in a bank......I have a bridge to sell you.


15 posted on 05/14/2012 3:01:46 PM PDT by Fred911 (YOU GET WHAT YOU ACCEPT)
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