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I know a lot of people that do that same type of financial "planning" Just because it is good now, does not mean it will be good tomorrow! You are so right about people wanting to believe what they want. When the Kool Aid wears off there are going to be an awful lot of headaches.
Kind of like my days in the music industry!
Music industry?
Please, let’s not go down that road.
Hey, whatcha say we start doing rap music? I’m only half kidding. Did you know that Mr. Potato headed look’n JZ made 30,000,000 in 2008? That’s wrong on a level that I can not begin to articulate.
No two ways about it. It sucks right now. This kind of thing happens and must happen with economies from time to time as they right themselves. People have short memories. Trick is not to be one of them.
It’s frustrating even for those that have been in the industry for a while because even for us new growth has slowed.
I’m the kind of guy who just refuses to play someone else’s game. Haven’t had a car payment in 5 years. The car I have works great. I appreciate it. I remember taking the bus, and then driving around in a 1985 Dodge Dart for a while before I started to get it together. Next to taking the bus, I was as happy as a clam in that thing.
Saw this thing on the BBC this week. Showed a brother and sister living in Cambodia. Both work on a farm. Can’t even afford malaria meds … another kid living in Kenya who is going to school on Sat. and Sundays just so he can get one meal a day. We spend millions trying to lose weight every year; for as long as I can remember. Even in this recession. Americans are petty and afraid. They think material items will make them happy instead of realizing that money is far and away and first and foremost about SECURITY.
I’m an opinionated A – hole? Perhaps. Tell me why 10,000,000 people who live in families that make over $70,000 per year have no major medical?
“I just got a new Passat; it is only $40 more per month more than my last car payment (puffs on a cigarette) …” This from a guy I know.
I thought the idea was to “get ahead,” not to try and keep up? We are supposed to emulate this? This is investment (growth) minded?
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