Profile_bird

Hey there! AssetBuilder is using Twitter.

Twitter is a free service that lets you keep in touch with people through the exchange of quick, frequent answers to one simple question: What's happening? Join today to start receiving AssetBuilder's tweets.

Already using Twitter
from your phone? Click here.

AssetBuilder

  1. Forgot to mention the end of the Sure Thing for Everyman--- rising home values. Bye-Bye consumer economy.
  2. Call it a delayed reaction. 401(k) risk replaces pensions. Job security declines. Social Security worry rises. Time to save more!
  3. There may be no ideal way to examine inflation, but selective viewing doesn’t cut it. Unless, of course, you don’t eat food or use energy.
  4. Reports of its death are greatly exaggerated. If the Consumer Price Index is unchanged for December, the rate for 2009 will be 3.5 percent.
  5. There is a reason low-cost firms top the list of asset managers, not Merrill Lynch, etc.
  6. Index investing. It keeps getting easier to do. And less expensive. And it keeps beating the managed competition.
  7. An adaptive response (as opposed to a crazy one) means we’ll all save more and spend less. That’s the way it is.
  8. You can spend all your income if you are secure, or save a lot of income if you’re not. We’re a lot less secure than we were 40 years ago.
  9. Are any prices in medicine real? Recent MRI bill for my wife=$2,000. Medicare paid under $400 and it was all over. Does anyone pay $2,000?
  10. How much do you need in investments to pay for one drug prescription? Answer: It’s a big number.
  11. If you’re being careful, pay off the mortgage. Buy a car later. http://assetbuilder.com/5RLQ5M
  12. Or, visit this Wharton life expectancy calculator: http://assetbuilder.com/2T4PF3
  13. How long will you live? Read the “Life Tables” and learn the odds. http://assetbuilder.com/A7DZX6
  14. Skeptical about non-stop tech? Telephone, radio, movies and cars all did well during the Great Depression.
  15. Technology. It may slow, but it never stops.
  16. RT @PIMCO: Gross: Why not just buy utilities if that’s what the future American capitalistic model is likely to resemble. http://bit.ly/ ...
  17. Query: How many little luxuries equal one big one?
  18. Is this the twilight of big-ticket spending? That’s bad for some. But not bad for all.
  19. All bank lending has declined since 2008. Like it or not, credit=economic activity. Now, go thank a banker, for the second time.
  20. BofA advertises 4.49% HELOC loans. Who gets that rate? People with great credit and NO first mortgage. Deceptive practice? What do U think?