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You don't become rich by. #1 Perpetually leasing an automobile. #2 Spending 80K to go to college. #3 Borrowing on the credit card for chinese goods and services. #4 Not working and saving. #5 Always buying new. #6 Trying to impress others. #7 Sitting around at home playing video games...

Gold would not be trading at 5000 an ounce in a super depression.

Facts and figures example #1 http://www.dpi.state.nc.us/docs/fbs/finance/salary/schedules/2011-12schedules.pdf So you say, someone who had to go to college for 4 years should not be making 57K a year after 35 years on the job? Sounds like a shitty salary in my opinion if someone has...

Weird cause the Lifeguard jobs posted by the country pay no where near 225K. From what I see teachers start out at 32K a year, the first 10 years they do not get more than a 1% annual raise then after the first 10 years they start getting a 3-4% cola. and if they get a higher degree they...

Thats the issue, with the uncertainty in the markets and risk of asset deflation (homes) loaning for 30 years at 4% seems a bit silly from a business prospective. I am not surprised a bank is unwilling to provide such a loan since even if you have perfect credit, you and the home you are...

Don't hate the player hate the game. If being a public employee is a road to riches, get a job as a teacher,firefighter,cop and tell your kids to go work as a teacher and forget working private industry.

They hit slightly less than 4% today. but at some point what bank is going to want to underwrite a 30 year loan for less than 4% Not exactly a great proposition to collect less than 4% to loan money out to risky Americans so they can buy a risky asset that could go underwater. The FED...

Wow that sucks. now we will miss out on years of interesting inventions.

You gain a few things for the extra 250. #1 You are not on the hook if the property of the house implodes. I bet those renting from 2006 till now are doing well for that 250 they spent not to take such risk. #2 you gain mobility, Find a better job in a different state, you can pack up and...

Fun thread more trivia plz.

Even with Germany's higher taxes, bigger social programs they still have a lower unemployment rate than the US. What are the Germans doing right?

We can send in our ICBMs and fix any ramifications.

LV is a dump. All the money goes into the strip and never leaves the strip. The moment you step out of sincity it is all a dump.

Also retail forex you are trading against your broker, its the equivalent of slots. The fact that his first venture into trading was retail forex pretty much shows his ignorance and lack of effort by trying to take shortcuts without even understanding what he was getting himself into.

Retail forex is not trading its casino. Thatis your first mistake. Stick to medical school.

Also dont go cheap on your PSU. Stick to the high quality product like the Seasonic 560W 80+ gold. Those things are rock solid, you don't want to skimp on that part. http://www.anandtech.com/show/4217/seasonic-xseries-560w/1

IF we keep printing money, we can get a Zimbabwe style rally.

Americans are in debt to the eyeballs with mortgage, 2nd mortgage, 3rd mortgage, 3 leased cars, 60K credit card debts, 100K college debts. Hyperinflation would actually help them. That 1 trillion dollar check will wipe out all those debts you have. Pay your mortgage etc.. Then you can...

Only sell puts on something you are willing to buy. And when selling puts better to be more conservative and always assume assignment and calculate your margin requirements as if you were long the stock. That way you don't have surprises. Risk management should always be your number one...

The us could start issuing greenbacks again and bypass the whole federal reserve thing. :D