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Exactly my point. In depressions, many, many people lose income or jobs, and even if they want to, can't pay the rent, and it takes time and money to evict them, fix the place up again, and find another renter, who might just as likely do the same thing. I think if the Fed makes any attempt to...

I still think its not good enough to justify the risk in a depressionary environment, as a second leg down could easily put you 20% underwater. If rates are allowed to rise, as was stated by the fed's Plosser yesterday, any meager recovery that anyone might have dreamt might be starting will be...

I bet it doesn't take into account the decline in the value of paper vs real things, either.

You're too early. You need to budget for taxes, maint and depreciation, vacant time, cost to get and keep rented, etc. Another 15 or 20% and you'll be correct

So, you think it goes higher next week, then?

Margins raised again, another bubble deflated... LOL Print some more and see where the next one inflates!

3 mm isn't enough unless you have a job waiting or plan to live low...

Dollars are debt, not money. I bet my numbers will be way low. $5000 in the next 5 to 10 years $10000 in the next 20 years

I think the thing thats missing is that money needs to be a store of value. I would suggest looking at the rules that defined what qualities things needed to have to serve as money. Obviously paper is worthless. It amazes me that every few hundred years people are tricked into thinking its...

The more likely question is: "Will $7 million be enough to retire on when you get to where you have it?" I have no doubt I'll get to $7 million in the next 5 or 10 years, but how many eggs will it buy? I'll never forget the story of the guy who made BILLIONS in Zim's big bull market, and...

GOLD All paper is eventually worthless.

And what will that principal be worth 30 years down the road? 33 yrs ago I bought a brand new Dodge Magnum, completely loaded, for about $4200. Today, your average car is about $25000. So basically, the money you MIGHT get 30 years from now will be WORTH 1/5 of the money you put into the...

I think you people have a problem understanding the definition of rich... "RICH" is when you get to where you don't need to bother to ask "how much" or look at prices tags for the rest of your POSSIBLE life, and can always say "Keep the change" without even giving it a thought, and still have...

1. TIPS - do you REALLY believe the government's published inflation numbers? They are running 1/3 of the real inflation. And to add insult to injury, you lose 405 or so of what little you get to taxes. 2. Bonds - Honestly, do you not think rates are going to rise? What happens to bond...

Sure, it might start out that way, but look what it has devolved into... A BUNCH OF PONZI SCHEMES COVERING THE GLOBE Printing money to buy government debt so the government can run in the red without needing to worry about it. I bet they think they can keep doing it FOREVER! Look at...

You can't retire comfortably with only $2 million. You have up to 30 years to live, you get no interest from your savings, and the dollars themselves are declining in value about 5 or 6% per year. Do the math.

ALL central banks of countries with FIAT currencies that are in depressions. Because they think it will help their economy's recover, or at least help prevent things from getting worse.

When people/funds sell stocks or bonds, the other side of that trade is that they are buying dollars as a result, putting upward pressure on the dollar, and therefore downward pressure on the price of gold. In addition, some of the stock holdings people have are in gold etf's, which if sold...

Well, I think you could argue that initially, when they went from gold and silver to paper, it was not with the intent to defraud the people, but, as with all other paper currencies over time, the lure of being able to buy more things without having to actually earn them takes over, and the...

I think its pretty obvious that all paper money eventually turns into a fraud, even if it wasn't the original intent.