|
Was taught long ago to pay as you go. We tore up credit cards(back when gas cards came in mail daily) (late 60s). At that time we were $2800.00 in CC debt. That did not count house, PITI $168.00/mo @6%
Sounds funny now, but my brand new 68 Camaro cost $2600 cash including 8 track player.
With in a few months we wondered why we had extra cash.
Market will come back, probably less than 12 mo. MY OPINION ONLY.
Our bucks are in dividend stocks & bonds,(mostly munis). Stocks that used to be called Blue Chip. Only one stock has temporarily stopped dividends.
Market rises & falls, but income stays the same. Must remind DW of this daily as she watches market.
Peter
__________________
|
Thor Forums
