The problem with wealth like Bezos and Musk have is its all tied up in stock that you can't really cash out of in any large amount since the market will see the sale as a sign of trouble in the company. The more you sell, the less its worth.
@DrBuster said:
Check corn prices as well, expect the grocery store bill to climb.
At least Lumber and beef/pork are headed back down. Oil spike certainly isn't good but only up because of the current political chaos. Hopefully things will settle down. Semper Fi!
That's because most people are just plain stupid and believe what the talking heads tell them. I paid cash for my first house! I owe absolutely nothing to no person! My wife and I live fat and were not rich! A sheep herder who was paying cash for a new house and his income was $600 a month told me something I'll never forget! It's not your income it's your outgo! When your dumb you gotta be tough!
Comments
Check corn prices as well, expect the grocery store bill to climb.
The problem with wealth like Bezos and Musk have is its all tied up in stock that you can't really cash out of in any large amount since the market will see the sale as a sign of trouble in the company. The more you sell, the less its worth.
At least Lumber and beef/pork are headed back down. Oil spike certainly isn't good but only up because of the current political chaos. Hopefully things will settle down. Semper Fi!
The whole worlds off its rocker, buy Gold™.
That's because most people are just plain stupid and believe what the talking heads tell them. I paid cash for my first house! I owe absolutely nothing to no person! My wife and I live fat and were not rich! A sheep herder who was paying cash for a new house and his income was $600 a month told me something I'll never forget! It's not your income it's your outgo! When your dumb you gotta be tough!