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Money and Finances
Reply to "how the hades did you save a six figure deposit?!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How do people save $200,000 for a home downpyament here?! How. We make $165,000 and have two small kids. It took us all year to save $10,000. At this rate I won't have that kind of cash until I'm 60 (I'm 38 now). Good grief. How?[/quote] I got married I made 50k, wife made 52k we saved 100k in 21 months. Stop spending like a drunken sailor and save in higher yielding assets. Stocks are on a almost 9 year straight run up and bonds on a 30 year tear. Biggest issue is folks have too much money or not properly diversified. The world is awash in a sea of cash. Stocks are up around 300% since 2009. Which means every 4 bucks you spent Starbucks or 10 bucks at lunch cost you 12 bucks for coffee and 30 for sandwich. [/quote] 300% since 2009?? Which index? Total stock market is up about 120% since 2009, so you are only off by 180% LOLZZ[/quote]
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