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View Poll Results: Are you better off now in 2019 than you were back in 2009?
Yes, I'm better off 129 81.65%
No. I'm worse off. 18 11.39%
I'm about the same. 11 6.96%
Voters: 158. You may not vote on this poll

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Old 07-04-2019, 08:56 AM
 
527 posts, read 616,303 times
Reputation: 779

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This economy is the best we ever had. My income is once again going to grow this month.
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Old 07-04-2019, 01:11 PM
 
12,555 posts, read 16,649,228 times
Reputation: 24276
I was retired in 2009 and I'm retired now but it was 2009 when we bought this old run down bank-owned farm for cash which we have now restored to a very livable and enjoyable condition. Also, since 2009, we have sold all our rentals, paid off the mortgage on our primary home in the city and our other investments have continued to grow back, including the thousands in equity we lost in real estate in 2008.

Just getting out of the miserable rental business has considerably improved the quality of my own life but yes, we are doing much better economically than we were in 2009.

I have never felt so much optimism in the way things are now going but I will still keep most of my money in land and property. Dollars can be printed and taxed by crooked politicians; land and space can only be taxed.
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Old 07-04-2019, 03:00 PM
 
Location: Houston
22,491 posts, read 11,581,681 times
Reputation: 9072
Most responsible people build wealth over time and get better jobs. Stupid question.
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Old 07-04-2019, 04:19 PM
 
Location: Silicon Valley
3,604 posts, read 1,622,110 times
Reputation: 6112
Financially speaking, I'm much better off. I bought short sales and foreclosures during the trough here in San Jose. Those have become the investments of a lifetime.

In 2009 I was just beginning those investments. Before that substantially all of my income came from my labor, and I really enjoyed my work. While my labor income continues to increase, I've grown rather tired of the teams of locusts that descend upon a start-up company, screw up their books and then hire me to fix what they've done without causing them embarrassment. I can't wait to retire...whereas 10 years ago I was fond of saying I could do my job until I was 80. I find the lockstep in place at so many places very wasteful and often with disastrous results.

In terms of good work I enjoy, I find it harder to find now than I did. In terms of lucrative work, yes it's much more lucrative than it was.
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Old 07-04-2019, 04:31 PM
 
Location: IN
20,845 posts, read 35,927,262 times
Reputation: 13282
Uh, yes, by a long shot. In 2009 I was just about broke. In 2019 I have no debts, a good job, a house, and a car.
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Old 07-04-2019, 10:23 PM
 
Location: Formerly Pleasanton Ca, now in Marietta Ga
5,433 posts, read 4,080,880 times
Reputation: 7244
Yes. Back then I thought I might have to look for a good refrigerator box to live in and find a choice underpass. Now I was able to retire early, bought a nice house, and shopping for a Ferrari. I was very fortunate .
Amazing what can happen in 10 years.
Hey artillery, smart moves on the real estate.
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Old 07-05-2019, 09:49 AM
 
Location: East of Seattle since 1992, originally from SF Bay Area
29,748 posts, read 54,373,866 times
Reputation: 31030
Huge difference! In 2009 we were in pre-foreclosure, barely making it living off of credit cards and savings. Then in May 2009 I got a decent job. With a mortgage loan modification at lower interest rate we were comfortable but unable to make much progress in restoring our savings. Since then with 2 promotions and annual performance based raises of 4-5%, I’m making more than double what I made in 2009 and we have more savings than ever before.
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Old 07-05-2019, 09:52 AM
 
Location: SoCal
13,189 posts, read 6,301,958 times
Reputation: 9808
Quote:
Originally Posted by Oh Oh It's Magic View Post
How can most be better off? We are all paying more for the corruption and schemes that seem never ending in this country.
Russian Spy?
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Old 07-05-2019, 02:13 PM
 
9 posts, read 1,628 times
Reputation: 34
I'm glad to see the silent majority speak up with this poll. Cuts the BS.
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Old 07-05-2019, 03:13 PM
 
684 posts, read 182,403 times
Reputation: 1077
Quote:
Originally Posted by NewbieHere View Post
Russian Spy?
Maybe an observant citizen not pretending to believe what's being served.
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