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Inflation down again

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Comments

  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,654 Founders Club
    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,018 Founders Club
    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    Sounds like you have everything you need to know

    As do I
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,654 Founders Club

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    Sounds like you have everything you need to know

    As do I
    So you’re not gonna answer my question? Which of those two options would you choose?
  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,424 Founders Club
    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    For most on this board, yes 2024 is “better” because of asset price inflation. Anyone under 35 is royally fucked though. Congrats.
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,654 Founders Club
    edited January 2024
    Bob_C said:

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    For most on this board, yes 2024 is “better” because of asset price inflation. Anyone under 35 is royally fucked though. Congrats.
    I’m under 35…..I’m not fucked, but I do respect that you answered my question Bob thanks.

    And just FYI, even accounting for inflation, your net worth should have rose 37%….unless YOU suck, but you have no one to blame but yourself.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,018 Founders Club
    HuskyBuck said:

    HuskyBuck said:

    I’m just curious. If people could take their 2020 net worth and 2020 cost of everything vs 2024 net worth and 2024 cost of everything…..what are you guys choosing?

    If it’s not the latter, it tells me everything I need to know. So which is it?

    Sounds like you have everything you need to know

    As do I
    So you’re not gonna answer my question? Which of those two options would you choose?
    Why would I answer your question?

    You think you're the first here with this bullshit?

    You have everything you need to know.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,018 Founders Club
    Yes buck got his

    Who cares about energy and food costs killing families

    Gotta defend Biden
    You suck if you don't love the inflation of the last three years is a great campaign pitch

    Must be why Biden is doing so well