Posted on 09/07/2006 4:47:27 PM PDT by posterchild
ST. LOUIS - Jim West figures he and his fellow residents of Los Alamos, N.M., are too busy biking, fishing and riding horses to spend much money.
Perhaps that's part of the reason the town of 18,500 residents ranks No. 1 in this year's A.G. Edwards "Nest Egg Index," an annual ranking of how the nation's cities and states put away money for safekeeping.
Los Alamos topped the list with a rating of 134.31 indexed to a national average of 100. Connecticut's Bridgeport-Stamford-Norwalk was second at 126.20, followed by last year's winner, San Jose, Calif., with a 125.93 rating.
It wasn't that San Jose dropped. A.G. Edwards expanded its examination this year to include towns with populations as small as 10,000 - defined by the Census as "micropolitan" areas. Whereas the St. Louis-based brokerage firm looked at 318 communities in 2005 and ranked the top 200, it studied 934 this year and ranked the top 500.
(Excerpt) Read more at mercurynews.com ...
how is the weather?
It gets all 4 seasons. Summer never gets too hot since you are at 7400 ft. Most houses don't bother with air conditioning. Winters are mild (seldom below 20 F) but can get decent amounts of snow and snow can come early (Sept) and late (May).
You have to drive quite a while to spend any money.[even the Indian casinos are a ways away]
Inspite of how nice a town/area it was, as a single male I spent quite a few weekends driving down to ABQ for a social life:)
Isn't this a town of 99% Federal Government employees? No stress, no risk, no worries. Most people could save in such an environment.
Its also easy to save money when your rich. Hint. Hint.
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