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State of the economy must be bad when....

Old Jan 17, 2008 | 06:02 PM
  #16  
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Keng
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Inflation period are best time to save/invest because high interest rate and stock going up.

Recession period are best time to buy stuff because low interest and stock are at bargain price.
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Old Jan 17, 2008 | 07:41 PM
  #17  
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g35crzy
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Great posts aeveryone, I think its going to be a great time to buy real estate if your job is safe or even stock (for the long term), those might be a better investments. I think we are in stagflation right now:

Wikipedia:

Stagflation, a portmanteau of the words stagnation and inflation, is a term in general use within modern macroeconomics used to describe a period of out-of-control price inflation combined with slow-to-no output growth, rising unemployment, and eventually recession. The term stagflation is generally attributed to United Kingdom Chancellor of the Exchequer, Iain MacLeod in a speech to parliament in 1965.[1][2] "Stag" is drawn from the first syllable of "stagnation", a reference to a sluggish economy, while "flation" is drawn from the second and third syllables of "inflation"--a reference to an upward spiral in consumer prices.

I just hope I can get a great deal on a vehicle when things are getting better, for some reason, I don't think the APR deals are going to stop after this month or next.

Remember when you go in for your raise talk and they mention salary, 2007 inflation rate was 4.1%, not sure if they will adjust it or not, so make sure your raise is at least that much! I guess most people are just happy to still have a job though.

I am debating on a GS350 AWD, BMW 335xi coupe or sedan or a G37. Have no clue what to do.
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Old Jan 18, 2008 | 01:10 AM
  #18  
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From: NYC/LA/Scottsdale
If u have a family, go for the GS, if u live up north, go for the 335xi, if not, go for the g37
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