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04-19-2008, 04:13 PM
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#41
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Recycles dryer sheets
Join Date: May 2007
Posts: 128
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(sigh) if only it were that easy... at least the snow's gone now, spring is on the way
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04-19-2008, 04:16 PM
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#42
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
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Hey man, I've had to mow my lawn about 12 times already. Spent half the day yesterday in the pool with my son getting some preliminary skin cancer!
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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04-19-2008, 04:24 PM
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#43
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Recycles dryer sheets
Join Date: May 2007
Posts: 128
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Quote:
Originally Posted by cute fuzzy bunny
Hey man, I've had to mow my lawn about 12 times already. Spent half the day yesterday in the pool with my son getting some preliminary skin cancer!
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Ha, just think of the fuel costs I've saved already on mowing, keeping my 'personal rate of inflation' down
Heh, every bit counts.
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04-19-2008, 04:34 PM
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#44
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
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Yeah but its so nice here all the time, we never have to go on a vacation to somewhere warm!
Plus its a $45 pool!
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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04-19-2008, 04:51 PM
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#45
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Get goats to eat your lawn! Then you can milk them for goat cheese and milk. Which of course will save you food wise. Then when it gets all old goat steaks! Eureka!
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04-19-2008, 05:15 PM
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#46
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Recycles dryer sheets
Join Date: May 2007
Posts: 128
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Good point. I find that I need at least one warm weather excursion a year to keep my sanity (and even then it's a tenuous sanity!).
I guarantee once I ER I'll be somewhere where I get my fair shot at a winter sunburn. Now if anybody has a couple extra million lying around I'd be happy to give it a shot in the near future.
Mmm... goat chese
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04-19-2008, 05:40 PM
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#47
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Moderator Emeritus
Join Date: Aug 2006
Posts: 6,924
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Quote:
Originally Posted by Notmuchlonger
Get goats to eat your lawn! Then you can milk them for goat cheese and milk. Which of course will save you food wise. Then when it gets all old goat steaks! Eureka!
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I would do so if I did not live within city limits.
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
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04-19-2008, 07:49 PM
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#48
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
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I've read too many stories about people getting too attached to their goats.
A few years ago I was looking at a big parcel of fenced land (around 20 acres) with a tiny house on it and thinking I could squeeze into it. Only one acre was grass and trees, the rest was california natural. My plan was to get a bunch of goats to do the mowing and learn about them.
Good thing I bought the suburban house or I'd probably have a half dozen goats living in my back yard along with the plethora of dogs and cats.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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04-19-2008, 07:50 PM
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#49
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Sure destroy my dreams.
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04-19-2008, 07:57 PM
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#50
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
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Dude, if you're dreaming about goats we need to have a little chat...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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04-19-2008, 08:07 PM
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#51
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Recycles dryer sheets
Join Date: Aug 2007
Posts: 433
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Depends if they're nannies or rams.
__________________
Consult with only myself as your adviser or representative. My thoughts should be construed as investment advice of the highest caliber. Past performance is but a pale shadow and guarantee of even greater results in the future.
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04-19-2008, 08:09 PM
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#52
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
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Hmm.
How about either way?
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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04-19-2008, 08:17 PM
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#53
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Right over the plate.
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04-19-2008, 08:24 PM
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#54
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
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Got a big wood bat for you to swing with too.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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04-19-2008, 08:37 PM
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#55
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 28,041
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DW and I went to an excellent play last night called The Goat or who is Sylvia
I didn't know goats could be so sexy until I'd seen the play
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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04-19-2008, 08:52 PM
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#56
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Quote:
Originally Posted by Alan
DW and I went to an excellent play last night called The Goat or who is Sylvia
I didn't know goats could be so sexy until I'd seen the play 
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Oh my friend goats can be VERY sexy..
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04-19-2008, 09:16 PM
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#57
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: No Country for Old Men
Posts: 47,480
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Quote:
Originally Posted by Notmuchlonger
Oh my friend goats can be VERY sexy..
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It would appear some people agree with you:
__________________
Numbers is hard
Retired in 2005 at age 58, no pension
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04-19-2008, 10:25 PM
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#58
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,713
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Quote:
it's possible that families were spending a higher percent of their incomes on mortgage payments in 2007 than in 1997. If so, they had to spend a lower percent on something else.
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nope, they just borrowed more.. as igsoy also points out.
Household debt is 138% of income (end of '06).
Americans aren't the only people who've been running up debt - The Curious Capitalist - Justin Fox - Economy - Markets - Business - TIME
People who look only at income (and are trying to interpolate CPI from "disposable income" as though that were a closed system) are missing the huge debt factor.
Originally Posted by cute fuzzy bunny
Quote:
Well now, whose fault is THAT?!?
MOVE!
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and then just buy a plasma TV for every room to offset it!
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04-20-2008, 07:03 AM
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#59
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
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And a car with antilock brakes? I hear they'll change your life for the better.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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04-20-2008, 09:25 PM
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#60
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Posts: 4,624
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Quote:
Originally Posted by ladelfina
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I couldn't find a source for the 138% in the article, so I tried to find my own. I got debt numbers from http://www.federalreserve.gov/releas...Current/z1.pdf and disposable income from http://www.bea.gov/bea/dn/nipaweb/TableView.asp#Mid
This allowed me to build this table for 1997 and 2007:
Outstanding household debt: $5.5 and $13.8 Trillion
Disposable Personal Income.: $6.1 and $10.3 trillion
Household debt vs. Disp PI..: 90% and 134%
Home Mortgage portion.......: 61% and 102%
Consumer Credit Portion......: 22% and 25%
"Other" ? ...........................: 7% and 7%
I also found a number of references to $1.1 trillion in outstanding HELOCs at the end of 2007, that would be about 10% of disposable income. I'll assume that the Fed puts the HELOCs in with mortgages.
If I add the entire 10% for HELOCs to the 3% growth in "consumer credit", I get a total growth in debt for the 10 years that's available to buy cars, clothes, Coke, etc. of "only" 13%. Frankly, I expected bigger numbers. Maybe you can spot an error here.
For this thread (which is about the accuracy of the CPI), I don't think 13% very big. My crude estimate was that real consumption would have gone down 40% if the claimed error in the CPI were correct. This might move the 40% to 37% or 38%, because the 40% is for only one year but the 13% grew over 10.
For other purposes, like how much margin families feel they have, this amount of growth can be pretty significant. It's especially significant if it's mostly concentrated in working families.
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