Anybody Buying Yet? Where’s the Bottom?

I'm not saying everything he said is wrong, but taking financial advice about cost of living from the 70's is absurd today. Sure, key principles are still the same, but raising a family and owning a home has never been more expensive.
Totally and I agree with a lot of what he said too. I can't put all of my raises into savings however I try to put about 25% of each cola more in something. I can't quite swing all of it. We'll I could but im not banking on living forever either.
 
Are you telling me you saved all your raises over the course of your lifetime?
Actually a lot MORE than that over a lifetime. So far. I AM NOT SAYING this is "all ya gotta do is..." or that is everything or they only thing. Somebody asked "What was the point where..." Something like that. These are SOME of the points I heard a little ding sometime shortly after and realized that one hit the target. There is a lot more than just that to a lifetime.

I'd already been alive a little while when the topic first came up. Apply it to your own situation or not, as you see fit.

I sold BRK.B today to buy SPCX at 135.
 
Last edited:
I'm not saying everything he said is wrong, but taking financial advice about cost of living from the 70's is absurd today. Sure, key principles are still the same, but raising a family and owning a home has never been more expensive.
There is ALWAYS a reason you can't. Everyone always has a reason.
 
Back
Top