cheerful thread...
don't remind me...
feel free to include retirement value, property value or lost jobs wages, etc only related to economy since 2007
- retirement: 30,000
- properties: 100,000
- lost wages: 10,000
so around $140,000, my wife probably around the same so for my household we lost aroud $300,000 since 2007![]()
cheerful thread...
don't remind me...
cheerful thread...
don't remind me...
just wondering how I rank up in here![]()
WTF. For once I agree with SBM.
But just know that you are not alone.
well was just looking for some group therapy![]()
I'll just say that 2 of my 3 kids better get real smart real fast, and get them some of that college scholarship action![]()
I picked the wrong time to be an accounting/finance major y enough to start trading stocks in the middle college, I'll say that much![]()
I've got a buddy who dropped by my office literally five minutes ago on his way to a job fair around here with an almost identical story.
As for me I don't know that I really have lost much in the last few years which is more of a testament to how little I had pre-2007 than any money management that's happened since then.
maalox.
School debt will be the death of me.
A ton. Most due to stock market fluctuations, but also home value (obviously).
On the upside, however, my business is absolutely rolling right now.
Good with the bad, with the good far outweighing the bad in this case.
As for me, the only stock I own is AAPL which has has like tripled since 2007, and I diversified my 401k plan enough to where I've pretty much broke even. Sucked when everything was plummeting, but the way I looked at it, I was just accruing shares for cheap, and now that some things are back on the upswing, I'm starting to see some good returns on it.
wait...doesn't your reprogramming stuff mean that you're always happy since...I forget...blah blah...something...
anyway, I thought you were immune to being upset about money and
If you bought a house before the artificial rise on prices, you haven't lost anything.
How did you lose $100,000 in properties?
Just curious because I've got a significant amount of my net worth in property (not that I have to sell it any time soon) that I have been telling myself I'm still OK in.
Are your properties in Texas?
I haven't lost a dime, because losses aren't locked in until you sell. I also never stopped buying, so that means a portion of my 401K was bought when the Dow was at 6500.
at least you can collect food stamps as long as you live in america doesn't matter if you are illegal or have bad credits, no one is gonna starve to die thats the bottomline
But with relatively low income restrictions placed on government benefits, not as many people qualify for them. Sure, you could be unemployed for two years, but if you're living off of savings to pay your car and house instead of food you're going to have too many assets for the government to help you. Those are the people that are suffering the most. And even those that are getting assistance, it's a lot less than it was pre-2007 because of budget cuts. Just sayin'.
Nothing. I've just been buying cheaper shares to be sold 30/40 years from now.
uhhhh yeah....
Are you talking appraised value decrease or actual money lost in selling property during the real estate drop?
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