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Old 09-21-2022, 08:15 PM
 
23,561 posts, read 18,707,417 times
Reputation: 10824

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Quote:
Originally Posted by RobertaWa View Post
2. A lot of young people are trying to get out of some of the red states that have banned abortion. Where will they go? Blue states like Mass. I am not young but I really need to get back to a blue state. Especially if Kari Lake wins the governorship here in Arizona. Ducey is bad enough. Rather than spend money trying to figure out the water problem he would rather plug the holes in the border wall with shipping containers. Seriously?
Quote:
Originally Posted by RobertaWa View Post
And they keep building houses by the thousands and watering golf courses like water is in never ending supply.

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Old 09-22-2022, 02:24 PM
 
1,899 posts, read 1,403,924 times
Reputation: 2303
30-yr mortgage rate in the US is now 6.29%, highest since 2008
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Old 09-22-2022, 02:52 PM
 
129 posts, read 108,110 times
Reputation: 367
Quote:
Originally Posted by porterhouse View Post
30-yr mortgage rate in the US is now 6.29%, highest since 2008
I may take a break from the market. I know it is impossible to time the market but high prices and high rates have me feeling really defeated.
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Old 09-22-2022, 03:04 PM
 
Location: Suburban Boston Lifer
181 posts, read 124,568 times
Reputation: 124
inventory is about to drop off a cliff. why would you ever sell your house right now? even if i was going through a divorce i would think twice lol
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Old 09-22-2022, 03:51 PM
 
2,352 posts, read 1,780,522 times
Reputation: 700
Quote:
Originally Posted by bricka View Post
inventory is about to drop off a cliff. why would you ever sell your house right now?
Lose your job and can't afford the mortgage?
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Old 09-22-2022, 05:54 PM
 
2,066 posts, read 1,073,498 times
Reputation: 1681
Quote:
Originally Posted by matrix5k View Post
Who is saving too much for retirement?? The average American can't cover a $400 emergency.
Anyone who starts contributing to their 401K as soon as they start working should have at least a million by the time they retire.
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Old 09-22-2022, 06:33 PM
 
Location: NYC/Boston/Fairfield CT
1,853 posts, read 1,955,639 times
Reputation: 1624
Quote:
Originally Posted by WestieWhitie View Post
Anyone who starts contributing to their 401K as soon as they start working should have at least a million by the time they retire.
If not more! The math is so simple yet many forego the savings.
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Old 09-22-2022, 06:41 PM
 
Location: NYC/Boston/Fairfield CT
1,853 posts, read 1,955,639 times
Reputation: 1624
Quote:
Originally Posted by aboucher33 View Post
I may take a break from the market. I know it is impossible to time the market but high prices and high rates have me feeling really defeated.
Don't be discouraged, give it some more time. Either the prices will come down or the economy will. Patience will definitely pay off. I am looking to buy a house as well and not stressing out about what's going on.

Definitely keep saving and keep an eye out for good deals!
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Old 09-22-2022, 06:47 PM
 
2,352 posts, read 1,780,522 times
Reputation: 700
Quote:
Originally Posted by WestieWhitie View Post
Anyone who starts contributing to their 401K as soon as they start working should have at least a million by the time they retire.
Not anymore with the way the market is going.
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Old 09-22-2022, 09:34 PM
 
2,710 posts, read 1,733,872 times
Reputation: 1319
Quote:
Originally Posted by WestieWhitie View Post
Anyone who starts contributing to their 401K as soon as they start working should have at least a million by the time they retire.
Just like 100k isn't what it used to be, 1 million isn't what it used to be either. Most people I know are trying to get at least 2-3 million before retiring to keep their current lifestyle.
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