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WSJ - Are you better off?



April 21, 2008 – Comments (7)

This link is a kind of cool interactive link about whether people are better off today or not.

I should count my blessings as I am much better off than 5 years ago.  

7 Comments – Post Your Own

#1) On April 21, 2008 at 7:13 PM, nuf2bdangrus (< 20) wrote:

Me too...but concerned.  very concerned.

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#2) On April 21, 2008 at 7:31 PM, LordZ wrote:

Hell yeah I'm way better, aint got no job.... but the kicker is...

I don't need one..... :)

retired baby, retired at 37...


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#3) On April 21, 2008 at 8:12 PM, LBStarling2 (35.31) wrote:

I have to count my blessing also.  I am way better off than I was five years ago.  I have the crazy markets to thank for it, the housing and stock markets.  I sold a house in Tucson, AZ in 2005 before the bubble burst and made $165,000.00.  Not bad for 4 years equity in an average home. I took $40,000.00 of that money and opened a brokerage account in February of 2006 .  The first year I turned that $40,000.00  into $30,000.00.  I had made some bad choices, so I really started studying the market, making better choices and as of closing bell today that account is worth $56,000.00

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#4) On April 21, 2008 at 9:11 PM, EverydayInvestor (< 20) wrote:

I'll add my name to the list of better off people. Despite a nice $50k loss on my $190k house (just sold, yay!), the good has far outweighed the bad: both I and my wife finished grad school (we take turns calling each other Master), wife has a great job now, and I am now a full time short seller (having just quit my day job).

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#5) On April 21, 2008 at 9:21 PM, dwot (29.67) wrote:

LBStarling I just sold in January and Vancouver's silly market is stil going up.  A neighbour just sold an identical until for about 10% more, although I heard the furniture was sold with the place.  There are two more listed at about that price.  My home was up quite a bit in 4.5 years as well.  I did very well in the market when I was in it.  I am not trusting the market right now.


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#6) On April 21, 2008 at 9:26 PM, dwot (29.67) wrote:

Glad to hear you sold EverydayInvestor. 

That's very good if you can still be better off over all having taken a $50k loss. 

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#7) On April 21, 2008 at 11:05 PM, wolfhounds (33.05) wrote:

I'd say I'm just very lucky, financially and otherwise. Sold my beachfront Florida condo in 2005 after 4 years and 350% profit on $30,000 equity, and just months before the 2 monster hurricanes rolled through. The best though, is having enough money to help my children when they needed it.

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