|
|
04-26-2008, 01:19 PM
|
#21
|
Full time employment: Posting here.
Join Date: Dec 2004
Posts: 699
|
My neighbor said he was going to "pre buy" clothing for his daughter for the next several years - expecting prices to rise and taking advantage of current prices.
I thought he was joking. He was serious. Unbelievable.
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
04-26-2008, 01:28 PM
|
#22
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
|
Quote:
Originally Posted by Delawaredave5
My neighbor said he was going to "pre buy" clothing for his daughter for the next several years - expecting prices to rise and taking advantage of current prices.
I thought he was joking. He was serious. Unbelievable.
|
This is the kind of stuff that will help prices plummet in the future. You can only "pre-buy" and hoard so much, and once you already have yours and the demand falls off sharply, these hoarders may be kicking themselves.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
04-26-2008, 02:47 PM
|
#23
|
Gone but not forgotten
Join Date: Aug 2006
Posts: 6,924
|
Quote:
Originally Posted by Delawaredave5
My neighbor said he was going to "pre buy" clothing for his daughter for the next several years - expecting prices to rise and taking advantage of current prices.
I thought he was joking. He was serious. Unbelievable.
|
Does he know that cloth has a shelf life?
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
|
|
|
04-26-2008, 03:50 PM
|
#24
|
Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
|
Quote:
Originally Posted by Delawaredave5
My neighbor said he was going to "pre buy" clothing for his daughter for the next several years - expecting prices to rise and taking advantage of current prices.
I thought he was joking. He was serious. Unbelievable.
|
Does he know that daughters have a shelf life?
Wish I'd done that 20 years ago for my daughter when legwarmers and scrunchies were on sale!
|
|
|
04-26-2008, 04:26 PM
|
#25
|
Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
|
People are loading up on the wrong stuff. More guns and ammo..
|
|
|
04-26-2008, 04:41 PM
|
#26
|
Gone but not forgotten
Join Date: Aug 2006
Posts: 6,924
|
Quote:
Originally Posted by Notmuchlonger
People are loading up on the wrong stuff. More guns and ammo..
|
Nitrogen packed beans wheat rice.
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
|
|
|
04-26-2008, 05:17 PM
|
#27
|
Full time employment: Posting here.
Join Date: Mar 2007
Posts: 577
|
__________________
I highjacked a rainbow and crashed into a pot of gold - Bon Jovi
|
|
|
04-26-2008, 05:36 PM
|
#28
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,474
|
Quote:
Originally Posted by Delawaredave5
My neighbor said he was going to "pre buy" clothing for his daughter for the next several years - expecting prices to rise and taking advantage of current prices.
I thought he was joking. He was serious. Unbelievable.
|
When I was a kid, lots of parents used to buy clothes several sizes too big for their kids, so the clothes would last! Pants legs and long sleeves would get rolled up, and girls' dresses would be double hemmed, until the child had grown enough to fit into the too-big clothing.
But then, kids grow like weeds. I think this was only for clothes that would fit in a year or two.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
04-26-2008, 05:42 PM
|
#29
|
Full time employment: Posting here.
Join Date: Jun 2004
Posts: 538
|
Quote:
Originally Posted by Notmuchlonger
People are loading up on the wrong stuff...
|
I just bought three pairs of shoes today to add to my three new pairs that I've bought in the last couple of months and that I haven't worn yet.
I'm prepared for a run on shoes
|
|
|
04-26-2008, 05:44 PM
|
#30
|
Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
|
Quote:
Originally Posted by flipstress
I just bought three pairs of shoes today to add to my three new pairs that I've bought in the last couple of months and that I haven't worn yet.
I'm prepared for a run on shoes
|
Just think what will happen if we have a chocolate shortage. Oh the humanity..
|
|
|
04-26-2008, 06:35 PM
|
#31
|
Full time employment: Posting here.
Join Date: Feb 2008
Location: Central Coast, California
Posts: 923
|
I pre-buy clothes for my kids at garage sales, but my kids are really little and I usually pay less than 50 cents for clothes for them. So if I see some really nice clothes four or five sizes out, I'll get them. At best, I'll have complete kids wardrobes for 5 years for less than $20/year. At worst, I'll sell them at a garage sale and make the $20 back. But once they get their own fashion ideas, I'm sure this strategy will become useless.
As far as stocking up goes --- we're loading up on strawberries to make a year's worth (or two, if I can swing it) of strawberry jam. It's 80 degrees here today and I'm going to be stirring bubbling fruit on a hot stove. But maybe I can negotiate a trade with Brewer....
__________________
"You'd be surprised at how much it costs to look this cheap." -- Dolly Parton
|
|
|
04-26-2008, 09:29 PM
|
#32
|
Full time employment: Posting here.
Join Date: Feb 2008
Posts: 748
|
Quote:
Originally Posted by SteveR
Well, out here in LDS Country...a one year supply is "required". Houses have a food storage room designed for just this purpose. The concept is that "when it happens" the Mormons will survive and take over the world...or words to that effect. Additionally, guns are also a way of life here and it is reported that there are three of them for every man woman and child in the state.
|
Sadly, the local Costco I am talking about was in Utah.
I have yet to get a gun though....:confused:
|
|
|
04-26-2008, 10:26 PM
|
#33
|
Recycles dryer sheets
Join Date: Jan 2005
Posts: 445
|
Quote:
Originally Posted by Urchina
From the OP's linked article:
"The main reason for rising prices, of course, is the surge in demand from China and India. Hundreds of millions of people are joining the middle class each year, and that means they want to eat more and better food.
A secondary reason has been the growing demand for ethanol as a fuel additive. That's soaking up some of the corn supply."
|
Worth remembering that until recently, average daily caloric intake of a Chinese citizen was approximately 1000. Rural poor have only in the past generation exceeded a malnourished, if not starvation diet. In many areas, meat is an annual pleasure during the New Year's celebration.
Frame of reference: average caloric intake of German WWII concentration camp victim was @ 750 (actual number depended on race/ religion).
So enough may be more apt than "more and better."
Also, maybe scrutiny of diets, in this land of rampant obesity and diabetes, and a Weight Watchers/ Curves/ all you can eat joint in each town, ought to be self directed.
|
|
|
04-28-2008, 09:40 AM
|
#34
|
Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 2,360
|
Quote:
Originally Posted by SteveR
Well, out here in LDS Country...a one year supply is "required". Houses have a food storage room designed for just this purpose. The concept is that "when it happens" the Mormons will survive and take over the world...or words to that effect. Additionally, guns are also a way of life here and it is reported that there are three of them for every man woman and child in the state.
|
Doesn't worry me ... I doubt that I'd want to survive in a situation where the 'God and guns' crazies were in charge.
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
|
|
|
04-28-2008, 11:04 AM
|
#35
|
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 2,450
|
Quote:
Originally Posted by Milton
Doesn't worry me ... I doubt that I'd want to survive in a situation where the 'God and guns' crazies were in charge.
|
My guess is that you have never visited a "red state" then
__________________
- Hurry! to the cliffs of insanity!
|
|
|
04-28-2008, 11:41 AM
|
#36
|
Recycles dryer sheets
Join Date: Feb 2008
Location: Colorado
Posts: 131
|
OK - Now you've got me worried. Rice - 10lbs can last me a couple of years. But chocolate is a STAPLE.
|
|
|
04-28-2008, 11:47 AM
|
#37
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
|
Quote:
The main reason for rising prices, of course, is the surge in demand from China. Hundreds of millions of people are joining the middle class each year, and that means they want to eat more and better food.
|
And they're going to be hungry again in half an hour!
__________________
Al
|
|
|
04-29-2008, 08:42 AM
|
#38
|
Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 2,360
|
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
|
|
|
04-29-2008, 12:00 PM
|
#39
|
Thinks s/he gets paid by the post
Join Date: Feb 2006
Location: Alexandria, Va
Posts: 1,053
|
Why rice? I don't even like rice....it's just empty carbs to me. Well, white rice, anyway...I do like the long grain and wild rice mixture on occasion.
__________________
Two roads diverged in a wood, and I - I took the one less travelled by...
|
|
|
04-29-2008, 12:03 PM
|
#40
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
|
Quote:
Originally Posted by kaudrey
Why rice? I don't even like rice....it's just empty carbs to me. Well, white rice, anyway...I do like the long grain and wild rice mixture on occasion.
|
Because the media said so.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|