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    • "Retirement" is a lie
      Page: 2
      Retirement is certainly becoming a lie now, as people will need to work into their 70s or until death. Fuck that.

      I can't fucking wait to retire. Though I only had a wage for one year, but I saved 1/3 of it.
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    • >> 06/27/2017 01:57 PM : .
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    • The thing about tiny houses is most of them have composting toilets.

      Today's "manufactured housing," aka Mobile Homes, look nicer than most tiny homes.

      Of course, they both depreciate rather than appreciate -- and appreciation is one of the strongest arguments for buying a home rather than renting.

      400 sqft is roughly the size of the last hotel room that I stayed in. If that's your idea of "living," have at it. Imho, it's a stupid way to live -- a depreciating house that isn't comfortable.
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    • >> 06/27/2017 01:57 PM : .
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    • Headline of the morning: Illinois Becomes North America's Venezuela...
      The interesting thing is not the digital currency report but weed through that but the fact that he actually got one thing rite. I hold two degrees. One is in history with a minor in business. The minor only exists because I took enough economy classes to qualify and said what the heck and took the three basic business classes to get it to make me more marketable in the work place. The thing he got right is the fact no one realizes that it is not just the doubling of prices but the halving of our purchasing power. This has been going on for years. Look at houses for example the cost of an average house has more that tripled since the 50's. 15,000 to 47,000 for a comparable one today. Those averages do not even take into account that some houses pulling those averages down are houses in Detroit or Chicago that are not livable but are being sold for a few hundred to a few thousand. A better example is silver. silver is a great store of buying power. Read carefully I said buying powered not wealth. One ounce of silver, 99.999pure has the same buying power to day as it did years ago. An Example a bottle of Coke once cost a dime in the early sixties. This was after 70 years of it being a nickel. Today I paid $1.69. A dime from pre 1964 (Only 90% silver) is valued to day at $1.21 silver melt value. This is why I said store of purchasing power and not wealth. We still lost 0.48 cents of purchasing power while cost went up nearly to 17 times cost in around 50 years. So we lost only 0.48 cents spending power in silver against a lost of $1.59 cents in purchasing power over all. Check your self if you don't believe. Find the cost of anything (no technology as that gets into technology advancement and is much more complicated) in 1964 the last year our coins were 90 percent silver and work out how many silver coins (silver dollars, 50 cent pieces, quarters or dimes) it would have taken to buy than but that number aside and find the current cost of equivalent item. Then find current silver melt value for the coins you set aside earlier. Subtract the two cost of today from silver value and you will find silver held its purchasing power much better when compared to paper money. ( That is paper money from 60's as it is only worth face value a point of sale).
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  • Finance_BoiX