Thread: Interesting Numbers

I'm not gonna go into a long diatribe, but numbers can be interpreted anyway you choose. I guess you have to be lucky and pick the right 15 years to invest. I believe those numbers validate that the Slowlane is as risky as any business. Also, I find it interesting inflation is only mentioned when it befits his Slowlane thesis.

When your primary wealth acceleration vehicle is the stock market, be prepared for a long, bumpy ride that takes 50 years to realize. No thanks, I see ya at the finish line -- I'm already there 40 years early.

Yep, I agree with you about that.

I found the foreclosure data interesting. Kinda reminds me when I visited LA in 2004 and my relatives told me about the cost of their house. I was amazed because, to me, the house did not provide the value for the cost. Also his job barely made the mortgage payment and this was just a run of the mill mid-size 3-2 house without central A/C. I couldn't see how the multiplication of the home values and cost could be sustainable. I knew it would stop eventually but didn't think it would affect the rest of the country. I also didn't know the rapid run-ups were happening in other areas of the country. I didn't have cable TV and didn't watch all the trendy RE shows. Just didn't know how wide spread it was.

I now see it may have been in other states but the majority of the run-ups were in isolated pockets in those states. To me it says a lot that these areas can affect the information the rest of us get. This in turn makes us all feel further beat down even though it's not that bad here.