you can also add the equity Obama stole from your home. In my case, I am estimating at least $80,000 down the drain!
Let’s just say over $500K in net worth lost, and a somewhat lower ‘run rate’ is our “new normal”
Yet we are doing OK because we are responsible and prudent adults.
I have micro-managed this sucker since 1990, and the only down year I have had was 2008, and that year it only went down 4.5%
I live in Naples,Fla. where most of us here rely on the 7 winter months to make about 80% of our income. I remember when there was a time here where I was working year round. I will admit, I am scared, I am in hospitality, I love the work,but wish it was more year round.