Bye Bye Banks and Wall Street - Page 19

Snowflake · 09-29-2008, 03:18 PM

Quote:

Originally Posted by Chernabog

but Not Afraid just wants them to clean the catbox twice a week. Jeeeeeez.

Twice a week for a gazillion cats, not enough!

unless Thurston is eating cat poop these days!

Not Afraid · 09-29-2008, 03:20 PM

Thurston still LOVES cat poop (as do most dogs) but he can't get to the cat boxes. Poor deprived dog.

Chernabog · 09-29-2008, 03:23 PM

Wow ok this thread took a sharp turn for the eeewwwwww.

Not Afraid · 09-29-2008, 03:24 PM

I'd MUCH rather talk about dogs and cats than the fact that it's raining cats and dogs.

BarTopDancer · 09-29-2008, 03:29 PM

Does whatever bailout they are proposing have any help for people who didn't fvck up and take on more debt then they could afford?

Or are us people who didn't get in over their heads expected to hold on for the dive.

Morrigoon · 09-29-2008, 03:29 PM

Quote:

Originally Posted by Not Afraid

Thurston still LOVES cat poop (as do most dogs) but he can't get to the cat boxes. Poor deprived dog.

I supposed I should stop complaining about my dogs' obsession with used Kleenex...

Kevy Baby · 09-29-2008, 03:31 PM

Quote:

Originally Posted by Moonliner

I took Kevy's comments to be about today's stock market dip rather than the crisis as a whole.

Yep.

Quote:

Originally Posted by Morrigoon

Okay, so the 700-point drop is affecting me right now at this very moment. It's scaring my company's potential customers off pursuing real estate right now, and therefore they don't need what I'm selling (access to foreclosure database). So my performance and commissions are being directly affected.

What will happen tomorrow when the market goes up (as I predict it will)?

But I still don't think it is a good time to invest in real estate as values will only be going down from this point. That is, assuming one is a cash investor. While real estate pricing will go down from here, the cost of money will go up, so the net cost to purchase will remain about the same.

Disneyphile · 09-29-2008, 03:31 PM

From being very strapped lately, I will say this:

Because we've been forced to eat at home and cook (since raw foods can be cheaper than pre-packaged crap if a little effort is made), we've been healthier and enjoying a lot of neat dinners lately. I've even slowly been losing weight without trying at all. So, not being able to eat out or run over to a drive-thru has been a blessing really.

I think that people feel the burn more when they don't get creative with what they already have. I've even been rediscovering all kinds of old hobbies lately and having a blast with them. It's a way to "ride the tide" until things get better. Why be miserable when I don't have to be? There might not be money to buy new things, but we have plenty of crap already that can be enjoyed.

For example, I really wish we could afford a Wii, but it's not in the cards right now. However, I have my old NES system out in the garage that hasn't been touched in over a decade. It will be like setting up a whole new system and playing the games for the first time. I'm quite looking forward to it.

Snowflake · 09-29-2008, 03:38 PM

Quote:

Originally Posted by Disneyphile

From being very strapped lately, I will say this:
There might not be money to buy new things, but we have plenty of crap already that can be enjoyed.

For example, I really wish we could afford a Wii, but it's not in the cards right now. However, I have my old NES system out in the garage that hasn't been touched in over a decade. It will be like setting up a whole new system and playing the games for the first time. I'm quite looking forward to it.

No kidding, having no mad money at all is forcing me to write (AUGH) and watch some DVDs that have been gathering dust that I bought about 4 years ago!

wendybeth · 09-29-2008, 03:45 PM

iSm- do you own, or rent? If you rent, the market is probably going to get tighter and as a result spendier. If you own, you're going to see your property's value take a nosedive- and I really believe that you all have a long way to fall before you hit bottom in SoCal. Investment groups own/operate many rental properties up here, so I'm guessing that's the same dynamic down there as well. Those groups are probably going to falter, and who will pick up the pieces? I don't pretend to understand the intricacies of real estate, but I do know that it is largely an investment and to invest takes capital.

09-29-2008, 03:20 PM	#182
Not Afraid HI! Join Date: Jan 2005 Posts: 17,108	Thurston still LOVES cat poop (as do most dogs) but he can't get to the cat boxes. Poor deprived dog.
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09-29-2008, 03:23 PM	#183
Chernabog Biophage Join Date: Jan 2005 Location: The Moon Posts: 2,679	Wow ok this thread took a sharp turn for the eeewwwwww. __________________ And they say back then our universe Was a coal black egg Until the god inside Burst out and from its shattered shell He made what became the world we know ~ Bjork (Cosmogony)
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09-29-2008, 03:24 PM	#184
Not Afraid HI! Join Date: Jan 2005 Posts: 17,108	I'd MUCH rather talk about dogs and cats than the fact that it's raining cats and dogs.
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09-29-2008, 03:29 PM	#185
BarTopDancer Prepping... Join Date: Jan 2005 Location: Here, there, everywhere Posts: 11,405	Does whatever bailout they are proposing have any help for people who didn't fvck up and take on more debt then they could afford? Or are us people who didn't get in over their heads expected to hold on for the dive. __________________ Spork is the new MacGyver Postcards From My Edge
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09-29-2008, 03:31 PM	#188
Disneyphile SQUIRREL! Join Date: Jan 2005 Location: On the curbside. Posts: 5,098	From being very strapped lately, I will say this: Because we've been forced to eat at home and cook (since raw foods can be cheaper than pre-packaged crap if a little effort is made), we've been healthier and enjoying a lot of neat dinners lately. I've even slowly been losing weight without trying at all. So, not being able to eat out or run over to a drive-thru has been a blessing really. I think that people feel the burn more when they don't get creative with what they already have. I've even been rediscovering all kinds of old hobbies lately and having a blast with them. It's a way to "ride the tide" until things get better. Why be miserable when I don't have to be? There might not be money to buy new things, but we have plenty of crap already that can be enjoyed. For example, I really wish we could afford a Wii, but it's not in the cards right now. However, I have my old NES system out in the garage that hasn't been touched in over a decade. It will be like setting up a whole new system and playing the games for the first time. I'm quite looking forward to it.
	Submit to Quotes

09-29-2008, 03:45 PM	#190
wendybeth Nevermind Join Date: Jan 2005 Posts: 7,847	iSm- do you own, or rent? If you rent, the market is probably going to get tighter and as a result spendier. If you own, you're going to see your property's value take a nosedive- and I really believe that you all have a long way to fall before you hit bottom in SoCal. Investment groups own/operate many rental properties up here, so I'm guessing that's the same dynamic down there as well. Those groups are probably going to falter, and who will pick up the pieces? I don't pretend to understand the intricacies of real estate, but I do know that it is largely an investment and to invest takes capital. __________________
	Submit to Quotes