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They sound precisely like the sort of people to blame for gentrification and displacement.
Not really. They tend towards the "bohemian" style of living. They just simply don't spend a lot of money on anything other than to look presentable for work.
Not really. They tend towards the "bohemian" style of living. They just simply don't spend a lot of money on anything other than to look presentable for work.
In Portland the bohemians are being priced out of the neighborhoods they made hip. The gentrifiers don't get a pass just because they're also hip.
If you do have savings , the interest rates at the banks are about zero. The money will not grow and the stock market has a giant bubble. Big gamble for those who invest in stocks.
If you do have savings , the interest rates at the banks are about zero. The money will not grow and the stock market has a giant bubble. Big gamble for those who invest in stocks.
I've been investing in stocks since the mid 1980's thru IRA's and 401k. Total return average since then is now up to 13% approx.
But I bet they have the newest iPhone and drive a nice car.
Yep, I have a friend who literally was showing off pictures of his vacation to Jamaica on his smart phone and later on at the same BBQ was talking about how he can't save because of big greedy corporations, the rich not paying their fair share etc... He family has 3 nice vehicles, despite only having 2 adults...
It is someone else's fault of course in his eyes, why he can't save.
I've been investing in stocks since the mid 1980's thru IRA's and 401k. Total return average since then is now up to 13% approx.
I did too till 2012. Got antsy about losing it in the market, got six figures saved plus another home I am selling next year that is paid off. I have no mortgage payments. Second home I bought in 2009 cash.
I saved and saved, lived below my means and worked any job I could do through the years. I enjoy life, don't have to have the latest ,the biggest. Usually by a top of the line vehicle, but no over the top options, and keep it for years.
I did too till 2012. Got antsy about losing it in the market, got six figures saved plus another home I am selling next year that is paid off. I have no mortgage payments. Second home I bought in 2009 cash.
I saved and saved, lived below my means and worked any job I could do through the years. I enjoy life, don't have to have the latest ,the biggest. Usually by a top of the line vehicle, but no over the top options, and keep it for years.
Bingo
I just keep buying and adjusting no matter what the market does. I quadrupled down March 2009. Have made killing since then.
Haven't owned a new personal vehicle since the late 80's. Only new vehicles are for my company after others have worn and depreciated out. Still in my house the wife and I bought back in the 90's. Will be paid off within next 5yrs 3.76%. Appreciated into the multiple six figures now.
My savings account is a hidden place within this humble abode. Banks steal your money just like all the other Je...uh, I mean...financial crooks.
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