Originally posted by sadie lady:
what strategies do you and other Beethoveneers use for short term? Are you finding these are good times or do we yearn for those days when the Market was roaring?
We drove $1500 cars, because they last half as long as $15,000 cars. Doubled up house payments instead, and when mortgage was gone switched that cashflow into 401K(pretax) and prepaid college for the kids.
Of course, we were always "The Clampetts" of the neighborhood.
Every roar of the market has seemed to announce a new round of inflation that erased the gains. My best returns were from real property, namely the house and an occasional vacant lot in the path of progress.
What if we all stopped paying interest?
<small>[ 04-16-2005, 01:20 AM: Message edited by: analog ]</small>
Cogito ergo doleo.