You guys are some smart dudes. Me ? More lucky than smart , but I was always told to hang out with smarter people to accelerate my Learning.
I have the obvious money management skills which go a long way in life, Investing 101, but my Investing 102 skills need work, and this thread helps alot.
There is a truth with the correlation of Prices being higher as rates are lower. On paper , as the rates dropped 1%, my Home went up 100K in "Value". So the Guy buying 2 years ago was getting a home for 280,000 @ 5%. Now he will pay 380,000 @ 3.75%. So when rates rise again, prices should drop...
Mike, you got it right planning and studying and keeping debt low. No matter what, it will all pay off.
And I am just trying to keep up with Dave, and Greg and some of you other guys, and trying to absorb all the knowledge I can...
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Luck is the meeting of preparation and opportunity
Pro Touring 71 Z/28 in training
Soon to be crazy
Last edited by Bucketlist2012; 02-02-2013 at 04:39 PM.
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