TIP: Click on subject to list as thread! ANSI
echo: automotive
to: Roy Witt
from: Mark Hofmann
date: 2012-08-07 17:08:10
subject: Re: GMC Suburban

RW> You would have been better served with that money in a money market fund.
RW> Up until Obama began spending us into this economy, my money market was
RW> paying more than your 18 year total, per month.

Yes, no question about it.  I was getting over 5% in my high yield savings
before the Obama went on a spending spree.

RW> With the inflation rates of the last 20 years, you lost money.

Yup.

RW> That will all change in January.

I certainly hope and pray!

RW> Some people don't believe that because the money paid in rent is a cost
RW> of living, no matter where that is. I had a friend who rented and put
RW> what
RW> he saved in loan interest into a money market fund. He died a rich man
RW> and
RW> someone else rented his apartment the following month.

The only time I rented in my life was when I first moved out of my Mom's
house at age 20.  I rented for 2 1/2 years before building up my income to
buy my first townhome.  

From there, the rest is history..

- Mark

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