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Its my Birthday!

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October 22, 2009 – Comments (13) | RELATED TICKERS: BTH , DAI

Yes folks its my birthday and I feel blessed.  I still have my job, my family, my friends, my things, and most of my health.  Overall I can't really complain.  But I, like many other people in their 20s can't help but feel a little apprehensive as I tick one year closer to the big "30".  Now I know what some of the older Fools are saying, "oh please theres nothing big about 30".  But when you are in your 20s, 30 is big.  To me you make your most important life decisions in your twenties.  Also, your 20s represent the last decade of true youth.   In your thirties you are expected to be mature. In your thirties you are beginning to experience the benefits (or consequences) of the decisions you made in your twenties.

Anyway I digress.

Since its my birthday I think I should be able to rant. 

I crack up everytime I hear the deflation argument while theres tons of data to the contrary.  Explain to me how we have deflation when gas just went up 25 cents a gallon in less than a week. Most of my monthly expenses have gone up.  Seems to me the only thing deflating is my purchasing power.  My pay has remained stagnant.   So the next person that wants to argue deflation, maybe I should have them buy me gas for a month. At least that will help me offset all these other increased monthly expenses.

 

I stand by my argument that we will have stagflation the near term until Bernanke raises interest rates (which wont be anytime soon).  In the meantime the economy will continue to drag on.  And yes retailers are going to slash prices because they need to entice people to buy.  But if the increased commodity prices begin to make their way into peoples basic expenses again (think 2008) then all the price slashing in the world will not help retailers stay in the black. 

13 Comments – Post Your Own

#1) On October 22, 2009 at 2:31 PM, catoismymotor (< 20) wrote:

Happy birthday!!!

Good rants, BTW.

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#2) On October 22, 2009 at 2:48 PM, binve (< 20) wrote:

Happy Birthday!! And I agree, very good rants :)

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#3) On October 22, 2009 at 3:05 PM, topsecret09 (43.67) wrote:

    Happy Birthday.... I was your age 22 years ago....  Time really does fly. Enjoy every moment of your life,and visit your parents often. They won't be here forever.......   TS

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#4) On October 22, 2009 at 3:40 PM, rd80 (97.03) wrote:

In your thirties you are expected to be mature.

Growing old is mandatory, growing up is optional.

Happy Birthday!!

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#5) On October 22, 2009 at 3:57 PM, foolishlymeek (46.22) wrote:

Happy birthday!  When I was 30, it was the best of times, it was the worst of times (my apologizes to Charles Dickens).

I went back to school to pursue a degree in teaching.  I lost a lot of weight.  However, I also quit a very good job (with a pension plan!), and I could definitely hear my "biological clock" ticking.

However, it all worked out to be a great time in my life.  One of the other students in my class found out that I was 30.  She told me that I didn't act 30.  My response was, "How does 30 act??" 

Be yourself - that's you at 30!!  I'm now 50.  Sometimes I act 2, sometimes I act 102, and sometimes I act 50!

As for your rants, I agree!  Retailers will slash costs - of toys, electronics, clothes.  However, consumer essentials - gas, fuel oil, electric, food - keep going up.  I can go a year without buying new clothes and toys.  However, I can't go a month without buying food, gas, and electric!

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#6) On October 22, 2009 at 4:10 PM, Mary953 (79.48) wrote:

Happy Birthday! 

Your blogs are waaay to mature for someone who hasn't hit the adult stage, so you have that part down.  No worries there.

Hang on to the kid in you as long as possible and as much as possible and don't let anyone stop you!  Life is your own merry-go-round and you have the controls.  That isn't to say others won't try to speed the fool thing up and pull you into more than you want to handle.  Just remember to keep some time and space for you.  (advice from a very wise mother-in-law that helped me when I got to this point.)

Now go CELEBRATE!

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#7) On October 22, 2009 at 4:33 PM, whereaminow (< 20) wrote:

Birthdays rule! If you can't have fun on your birthday, you can't have fun.

Happy Birthday!

David in Qatar

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#8) On October 22, 2009 at 8:30 PM, outoffocus (23.53) wrote:

Thank you everyone for the kind and encouraging words.  I guess I should clarify my age which is 27.  I really appreciate Fool.com because not only do I learn so much from this community, but in general people here are kind and courteous.  Thanks for helping to make my day. =)

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#9) On October 22, 2009 at 10:50 PM, TMFJake (29.46) wrote:

Happy Birthday! 

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#10) On October 23, 2009 at 9:37 AM, mattdaddy21 (< 20) wrote:

Happy belated birthday! 

Are you married with kids?  If you are not, use that extra free time to engulf yourself in something that you love that can make you money, like investing.  If you are, set goals for your family financially and work towards them.  (at least those are the thoughts that started going through my head in my late 20's)

I turned thirty last year... and to be honest, it made me feel like I was behind in life.  Of course it also gave me the comfortability to try things in life that normally would be left to an older generation, if you will.  I started a real estate investment company and a real estate brokerage specializing in short sales to help out home owners.

Make some goals that 'must' be accomplished by 30... even if it's something fun like skydiving.  It will give you a feeling of accomplishment when you get there instead of a 'getting old' mindset.

just my two cents!

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#11) On October 23, 2009 at 9:46 AM, lemoneater (71.46) wrote:

Happy Birthday to You! I'm older, but I cannot claim wiser :). I'm 35, but people still get my age wrong. I'm still working on the maturity thing! Take care!

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#12) On October 23, 2009 at 11:34 AM, eldemonio (98.01) wrote:

¡Feliz Cumpleaños!

Thanks for making me feel so very old. 

In your thirties you are beginning to experience the benefits (or consequences) of the decisions you made in your twenties.

So true.  Quite a few of the decisions I made in my twenties were very, very bad.  Fortunately,  I married well.  Her good decisions have counteracted my terrible decisions.

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#13) On October 27, 2009 at 2:13 PM, SweetMircha (90.89) wrote:

Happy Birthday! Don't worry, you're only getting better, wiser & hopefully richer.  Have a wonderful day.

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