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To: CodeToad

I started with $5k. It all worked out. People are woefully uneducated about finance.

The number assigned to the money is meaningless. We still think $100 bucks should be a hundred bucks. It’s $5 bucks now. But it’s just a number, a medium of exchange. Value comes from real useable things, like a house to live in and work from, etc.

By the way, you don’t have a housing crash during a housing shortage and we have a big housing shortage.

Everybody talks about the meaningless FED, central bankers, etc. What matters is Supply and Demand, not the FED, etc.


46 posted on 06/22/2021 9:56:30 AM PDT by SaxxonWoods ( comment might be sarcasm, or not. It depends. Often I'm not sure either.)
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To: SaxxonWoods

Totally agree with your comments. I never compete with anyone but myself against the market. Month after next I am launching into a new venture against the advice of “market watchers” (as thought my years of experience do not matter against underachieving market journalists) claims that it is suicide. Big numbers mean nothing when it is our numbers that matter to us.


54 posted on 06/22/2021 10:22:18 AM PDT by CodeToad (Arm up! They Have!)
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