I hope I am wrong... the average american has 60K in savings including protected retirement accounts...... that's not a lot a money when times get tough. The fact you mention you have two homes puts you into a 1% scenario....that is definitely not the majority of folks who own a single home or who are renting...
The average American probably has 10k saved.
Thank you its coming
Good point...my data might have been overstated...
www.fool.com
@LargeOrangeFont I can be counted as a PTSD survivor. I'm such a tightwad I won't even spend company money.
That is stress and pain you never want to deal with again.
Average Retirement Savings in 2024: How Do You Compare? | The Motley Fool
What's the average retirement savings? We dug into the statistics to find out the average retirement savings by age, income, and more.
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I call it common sense
It started....My SQQQ, LABD and SOXS is taking off in the after hours. I have a target sell price for SQQQ at $60, SOXS at $50 and $24 for LABD.At least two weeks is a measurable time period. As of this post.
Dow 33,582.91
Nasdaq 11,190.21
S&P 500 3,971.83
Let’s check it on the 30th.
End 2022 by being a billionaire?
We’re you the one who mentioned LABU a few weeks back? If so, THANK YOU! I’ve done decent buying calls/puts with it.
Whatever gets accepted. Start with a big % discount. You never know.
LOL I have a grand daughter that beat you to it. She's 15 and bought her first house yesterday into a land trust. I signed the papers.
Single-Digit Millionaire Is The New Middle Class: Billionaire Grant Cardone Says 'You Are Not Wealthy... You Are Worried'
The man who boldly predicted that America would become a nation of renters and that the Federal Reserve forced the general public out of the housing market is back with more calculated claims that, upon further investigation, feel like more uncomfortable truth than the attention-grabbing...www.yahoo.com
in LHC, bet it is less..........workers, not retirees
Especially the last 2 years. With the increase on normal day to day goods/living saving is non existent for most I bet.
We’re you the one who mentioned LABU a few weeks back? If so, THANK YOU! I’ve done decent buying calls/puts with it.
It consistently has been going back and forth from low $6’s to low $8’s.
this county has been low for decades, thus manufacturing coming here...........but inflation is hitting and they are like WTF?.........a come to jesus moment is coming for all, to be blamed on labor..........tough deal for all, but the actual prob will never be addressed............inflating the money supply
Try "AirBnBust" Plenty of articles with the search term.......For now.
Thank you! I’ll look into those too! Maybe I can do well enough to not have to hold onto my hat
I think you would be shocked by how many people live Paycheck to Paycheck. The marketing for the last 40 years has been, you are what you buy and the stuff that you have. I run out of fingers fast when I count how many people I know that have houses that they can't afford to do a new roof on, motorhomes they can't afford to put tires on and boats that they can't afford to run. All have payments for next 10-30 years that they can't afford. The question is why won't people cut their losses and move forward. No matter where I have lived, I've had a neighbor who could not make ends meet and I live in nice neighborhoods. I've said this before on this forum, there was a point in my life that I had $42 in the bank. There was a point in my life that I owned 10% of that bank. When you decide to stop doing what's not working, things change fast.
finance.yahoo.com
i would have rented it if i knew it was empty lol
Dems are going to confiscate all the excess Airbnb inventory and use it to house the homeless.
You have to be willing to move and change. Sleeping in your car drives that home. Good for you on the early retirement. I kicked out at 55 because my wife told me to. A good friend of mine will never be able to retire. He makes big money and somehow spends all of it by the end of the year. He saw what I did. I showed him how to invest. He chose not to invest in his retirement. So here we both are, in our 60's and he wishes he'd done it different. Wishes, it was a choice. For every 100 of hims, there's one person that wants to invest in real estate and the market. That's why it works the way it does people.
And as it should be. There is nothing wrong with retiring at 65-67 and having a little less and spend more on the kids at the front end. The problem is when you can retire or eat but, not both.
