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Registered
Join Date: Jan 2002
Location: Long Beach CA, the sewer by the sea.
Posts: 38,126
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All I can say is I should have bought gold when I first starting tracking it. The house is never a BAD idea but some times are better than others for real estate. ANY car is not a real investment, IDC how much 911's have appreciated.
Live your life. In the end no matter what you do, you end up in the same place. I'm not talking about dying. But there's that too.
I'm 80 and of the people that I know and have known for quite some time, some are dead and a few more are close. Then there are the ones with cancer, in remission or not, those that have some autoimmune disease (there are many, MS, Parkinson's, etc.), dementia (including Alzheimer's with a 1.3 in 10 chance at 75), joint replacements and heart disease plus diabetes. If you look at all these things combined, there is a very low chance you will live to be old w/o at least one, more likely 2 or even more.
I'm pretty lucky with one joint replaced and one bout with cancer. My wife not so much, so there's the other angle, responsibility for others.
How do you play it? The biggest question of all. You know, those that lose everything are the most likely to gain it back. Nothing is absolute.
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