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ConservativeWave
Yesterday 6:48 am
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TwoIfByTea » Yesterday, 11:19 pm » wrote: Good Luck the last afew years I cant afford to gamble anymore the prices have just skyrocketed too.

Hopefully things come back down some gosh just the home and auto insurance has litterally doubled last 5 years, property tax, utilities & just everything else too.

Man Im gonna have go back out over the road again for awhile pretty soon save up some more cash in the bank.

Also thought of Selling my house while prices are up and perhaps moving into a 55plus apartment but the waiting list is long and I dont know if Im poor enough yet to qualify but ya basically pay 30 percent of your income and they built really nice looking places brand new the last ten years and they cut the grass shovel the snow for ya too.

Then again nice having your own house I live end of block mostly quiet except afew idiot neighbors who got racing mufflers and blast boom rap music but when I was younger I liked loud cars too and blasted my Heavy Metal music so
COMPLETELY understand... Selling your house is a hard pill to swallow... I think that should be a LAST option.  Yes, they are overvalued some right now, but having a home is like a basic (bedrock) investment... For other investments... the golden rules should be: 1)  "buy LOW, and sell HIGH... NOT the other way around",  2) Only invest what you can afford.. no margins, & no borrowed money, and 3)  Stay diversified...  Personally, I don't think this market is going to crash down to a 50-60-70% haircut... it just doesn't feel like it... BUT who knows... Democrats seem interested in doing everything they can to make things as bad as they can, and then try to blame it on Trump... BUT, I just think the WORLD will come to their senses, soon (because they will want to do what's best for them too)... and it could all be over as quickly as it began... -30-40% does seem possible though. 
 
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