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Hey havasu46, don't forget that at times, people are willing to pay way too much for things (housing market), and then later they decide that the absolute cost is too high, and then the bottom falls out.
If you ignore the absolute value, you are setting up a bubble.
These gold bugs always seem to gloss over the most important question, which is 'How much is gold worth and why??
The answer always seems to be either 'more' or 'less', but there is never a justification for the absolute cost of an ounce of gold!!
Saying only, 'gold is worth more' is just a foolish statement. Bi...more
It's probably a better idea to consider the 'cost of transportation', rather than the market value of cars. Basically, all cars are a waste of money. If you want to be financially successful, the game is to minimize your transportation costs.
To put it simply, older cars waste money on repairs, new cars waste mone...more
tbb1975: I just had a cholesterol test done, the 'billed' charge was about $130, the 'allowable' charge from the insurance company was about $13!
I had to go to the ER once, and the 'allowable' charges from the insurance company were about one-half of what the billed charges were.
To sum this up: Banks have been making huge profits on credit/debit card fees, which is nearly a monopoly as there are only Visa and Mastercard. Most consumers are too dumb to realize that all of these fees are costing them money (every time you swipe a card you are making a donation to your favorite big-bank).
No...more
It's no wonder why so many people's finances are so screwed up.
SUBPRIME refers to the quality of the BORROWER, not the interest rate.
High-risk subprime borrower = High interest rate.
There's a simple rule in popular/rock music: if your band is doing well, don't break up!! So many of these rock morons broke up at the top of their career only to find that they are never again successful.
I'm convinced this is the reason why younger people are getting more tattoos than older people. Older people have seen plenty of fads come and go, and realize that tattoos are probably just another fad. Bell bottom jeans, baggy jeans, skinny jeans, acid-washed jeans, all come and go like the seasons. Long hair is in...more
MONSANTO is the same company that produced both AGENT ORANGE and PCBs. Both were obviously found to cause cancer, and cost Monsanto a huge amount of money. Now, they are trying to pass legislation to prevent this from happening in the future!!!
This company does not have a reputation for safe products.
4/19/2013
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