Yea In 2016 I bought a modest 3 BR in NJ for $315k, way under what I could have bought. Now everything is up 30-50%. So whatever I gain here will be little compared to what I'm upsizing too. Makes ya wonder if i should put 5% down and overleveraged 😜
Do you find a significant % of the books you like were written in the same time period? if so what was it? My stack is about 50% 1950's/60's at this point. It was a unique wave of sci-fi. Plus I love the beat generation and acid test stuff.
feels different than 2008 though. That was euphoria + bad loans. The last few years have felt like a systematic destruction of the middle class. Those who took loans and made leveraged trades/bets mostly made out like bandits.
It's a very tough decision. We may be on the bring of hyperinflation, so if you can acquire real assets with low interest loans, it seems like a no brainer. The wealth divide may increase and only super rich can buy homes. Or of course, prices collapse....
Am I shallow + vain cuz this makes me feel better? Maybe if it was a selfie? but if it's actual, honest connection with other souls, isn't that all there is?
As you acquire more (love + assets) you get real paranoid about losing them. I was falling into the doomsday mindset last year. very hard not to right now. But it is a very difficult headspace to live in.
But I know that's not true. I've always lived well within my means. I've always saved + invested to "get out of the trap". Or was I just saving to get a bigger house and be a wage slave? Even with a nice stack, are you ever safe/prepared?
We're also listing our first house for sale. Looking for something bigger. Going for baby number 3. There's a temptation to overspend and get a house that I only dreamed of as a kid. Part of me feels like I'll have "made it" if I get that house.
The internal noise is impersonal It has nothing to do with you You don't even create it Don't resist the noise or indulge it Don't identify with it If you think it's important you won't let it go
Look up at that Everest Look down in that Mariana Trench Look now as the crumbling 405 falls down When the big one hits Look out for the plainclothes Look out for what the wiretap knows Look out on the ever-widening money trail and where it goes