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echo: automotive
to: Roy Witt
from: Mark Hofmann
date: 2012-08-04 08:40:16
subject: Re: GMC Suburban

RW> 8^) So does keeping it in the stock market. One of my stocks has gone
RW> down
RW> below what I paid for it originally. The rest seem to do fluctuate just
RW> above that. But I'd sure like to see them where they were 4 years ago.

I had stock funds for my daughters that I started when they were born. 
Last year, my oldest daughter turned 18 and she was able to cash it in. 
The total return on 18 years was around 4%.

That translates into a loss when you calculate in the fact that the cost of
living has more than doubled since then.  I would have needed to make over
100% just to keep up with the cost of living.

Things have been going to crap ever since the best president we ever had,
Reagan, was in office.  We are just going faster and faster in the wrong
direction with each year that passes.

RW> So does owning a house, but we'll all have to live with that.
RW> 

Yes, but owning a home will always be better than throwing money out the
window on rent.

- Mark

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