I see a big jump in inflation coming. (4% in a year at least)
My reasoning: according to some salary reports I read from ieee and a nyt article, cs and computer eng majors out of college are getting 7% higher salaries than a year before compared to about 2% of other engineers. You can also look on payscale.com and see that as a cs grad you get payed a lot more at somewhere like northrop grumman that has the us gov as a #1 customer than elsewhere. The idea is that the gov prints the money and spends it, the additional money in the markets isn't really accounted for until it trickles down a bit from salaries and gov contactor profits.
Where should one invest when a jump in inflation is on the horizon?
I had to fire the first realtor because she was showing us homes that were above what we wanted. That was easy. I am about to fire my current realtor because over the past year, she show little interest in listening to what we want. She did not want to lease our home out while the market is so bad. Eventually it was rented at our prodding. Now, while the current renter would like to set up a lease option to buy, we have agreed and we are still waiting after two weeks for our realtor to find time to help us. While I am mentioning it, our contract with our realtor ended on July 2009 so I know we are not under any obligation. Just to many little mistakes on their part. The list goes on.
There are some things I use occasionally in recipes, but not a lot--apple cider, tomato juice, orange juice, tomato sauce--so I divide a jar or bottle into small containers and freeze them. That way I don't have to buy a half gallon of cider when I need only a cup. I keep my nuts and seeds in the freezer so they won't turn into bugs. I've saved a lot by buying packaged staples like milk,flour, honey and olive oil at Aldi, so I can buy meat and eggs from a local vendor. Some spices like cinnamon and basil can be bought in large containers at Kroger. We also drink iced herb tea instead of soda, and eat oatmeal with a variety of fruits or nuts instead of cereal.
So, let's be clear. I take it the grammer police was canned and had nothing better to do than transfer her frustration to someone who tried to post a helpful list?
Did Unemployment revoked your claim, since your a full time student? Because I under the same situation as a full time student, but was wondering will my claim be denied. I live in NY by the way.
Back when I was in high school, kids loved to wear pieces of old RAM as necklaces, usually with string that looked like dental floss! It was a badge of honor for them.
Hi,
does anyone know of the hack for my Samsung HT-TZ522. Right nnow its Reigion 1 but i would like it to be Reigon Free. I have tried all of the other hacks i found but none of then seem to work. if you have any please contact me at Jussi_69_jyrki_helsinki_vamps@yahoo.com
Thakyou.
I don't think that's true. Inflation is a natural consequence of the money supply growing faster than the economy.
You can have inflation even when the economy is shrinking (as, for example in all the recessions in the 1970s and 1980s), and you have have deflation even when the economy is growing. (The latter is uncommon, but it does happen. The long deflation in the US after the civil war, for example, saw strong economic growth.)
I remember doing an experiment in college psychology. We had to smile as much as we could for a week and we were interviewed the next week. The result was....everyone felt happier. I had forgotten about that. Thanks for the 'happy flashback'. Great article.
A little bit of inflation is a natural consequence of a growing economy. So yes a little bit of inflation is a good thing as its a reflection of growth.
Thanks for your email and interest in renting my house..I am Sarah Jacobus ,the owner of the house you are making enquiry of…Actually I resided in the house with my family, my wife and my only daugther before and presently we have moved out due to my transfer from my work now in Warsaw,Poland. Presently my house is still available for rent for 700 USD (rent already includes utilities).More so Now, i’m currently in the (West Africa)for an international Christian follower’s crusade.Pls i want you to note that i spent a lot on my property that i want to give to you for rent,so i will solicit for your absolute maintenance of this house and want you to treat it as your own, It is not the money that is the main problem but i want you to keep it tidy all the time so that i will be glad to see it neat when i come for a check up.I also want you to let me have trust in you as i always stand on my word.
Address of the house (2630 North Baltimore Street, Tacoma, WA 98407)...
It has a dramatic entry foyer with ceramic floor. Extremely spacious rooms throughout with lots of big windows…nice and light! New neutral paint and some newer carpet..Very quiet, low traffic area. New fridge I believe its absolutely a perfect home for you and your family.Utilities include Water,Trash,Sewer,Gas Etc...
SO IF YOU ARE REALLY INTERESTED I WILL WANT YOU TO FILL THE RENT APPLICATION FORM BELOW.
RENT APPLICATION FORM.
FIRST NAME:__________?
MIDDLE NAME:__________?
LAST NAME:__________?
PROFESSION:__________?
PHONE:
(CELL)PHONE__________?
(WORK)PHONE__________?
(HOME)PHONE__________?
KIDS _____ (YES/NO), HOW MANY ________
PRESENT ADDRESS: _____________________
CITY: _______________
STATE:______________
ZIP CODE: ____________
HOW LONG? ___________IF RENTING
WHY ARE YOU LEAVING__________?
IF THIS HOUSE IS BEING GIVEN TO YOU,
HOW LONG DO YOU INTEND STAYING? ____________?
WHEN DO YOU INTEND MOVING IN? ______________?
IF YOU HAVE A PET,
NAME OF PET: _____________?
KIND OF PETS: _____________?
HABITS
DO YOU SMOKE ______________ ?
DO YOU DRINK ______________?
DO YOU WORK LATE NIGHT? ____?
Looking forward to hearing from you with all this details so that i can have it in my file in case of issuing the receipt for you and contacting you…Await your urgent reply so that we can discuss on how to get the document and the keys to you,please we are giving you all this based on trust and again i will want you to stick to your words,you know that we have not seen yet and only putting everything into Gods hands,so please do not let us down in this our property and God bless you more as you do this…The house is available for rent at the moment so you are free to move in as soon as you wish to…A Deposit of $500 (which happens to be the security deposit) is required before moving in…Feel free to call me for more information and arrangements on how to get the keys and other necessary documents delivered to you…my number is (+23470-4145-2152 011-234-70-4145-2152).The house will be available for rent for a period of 4 years so you have a choice of deciding how long you intend staying there…
I think the biggest thing that my husband and I did was just get a handle on our waste. Part of that is just buying less to begin with and once-a-week shopping has definitely helped. We got into a routine of going to the farmers' market and grocery stores every Wednesday. That way, we got an idea of how much food we really needed and have been cutting back more and more. We occasionally make a small trip out for something we've forgotten, but we try to eat what we have instead of buying more. We still haven't come close to going hungry!
Also, it's good to learn some recipes or just loose ideas of what to do with leftovers and odd bits of fresh food. Soups, salads, sushi, casseroles, stir-fries -- all can be great ways to turn a little of this and a little of that into something delicious.
Last night we made some older apples into a delicious apple bake.
And don't forget to preserve things before they go bad if you won't eat them in time! Today we'll squeeze the rest of our lemons and freeze the juice for later. And if I want some banana for my oatmeal or fritters there's some in the freezer waiting for me.
Bulk bins and scoop your own spices containers = frugal eater's best friend. Your mileage may vary, but the ones at our local grocery store have consistently been cheaper than pre-packaged options and being able to buy just the amount we need reduces waste, especially with spices we don't use a lot.
Finally, going vegan has been a real money saver for us. Some of the specialty stuff is more expensive, for sure (though the Sweet & Sara marshmallows are sooooo worth it). But for the most part we're eating a lot cheaper and healthier, too. Even if you aren't willing to go vegan, consider incorporating more plant-based meals in your diet.
SHRED THE PIECE OF GARBAGE ASAP!!! FORGET YOU EVEN RECIEVED IT!!!! DONT BE FOOLED!!!! SOMEBODY IS MAKIN A TON OF MONEY OFF OF YOUR HARD EARNED CASH!!!!!! SCAM SCAM SCAM SOMEWHERE IN THE NEAR FUTURE IT WILL BE GONE JUST LIKE THE BANK YOU SEND IT TO!!!!!
Yes, a little inflation means that a fixed-rate mortgage gradually becomes easier to pay. The result is that a buyer who over-reaches just a little—buying slightly more house than he can afford—will often be bailed out over time.
Economists like to point out that expected inflation doesn't really change anything: If everyone expects the inflation rate to run about 2%, then the interest rate on the mortgage will be about 2 percentage points higher than it otherwise would be. Then, if inflation runs a little above 2%, the homeowner wins. If, however, inflation runs a little below 2% (as it was doing for the past year or so), the home owner loses.
When you have a little tiny bit of inflation (1–2%), the homeowner can take that risk. When inflation rates get just a little higher (the inflation advocates in that article are suggesting that 4% to 6% inflation might solve a lot of problems) you're setting people up to take huge risks. If you take out a fixed rate mortgage when inflation is running at 5%, you can expect your mortgage rate to come in at 8% or higher. Then, if inflation is brought back down under 2%, you are seriously screwed (unless you can refinance).
It's exactly what I'm talking about when I say that it becomes impossible to make long-term plans when inflation rates rise.
I think a small amount of inflation is especially good for existing homeowners. If you have a $1,000 mortgage payment that remains constant, as inflation is realized, the effective payment will diminish over time. Assuming you get raises that are at or near the levels of inflation, this means that your cost of living will slightly decrease over time.
I agree, though, that a moderated level (1-2% annually) is ideal.
I use apple cider vinegar in my horses water in the summertime. This really does help repel flies and they won't breed in the manure either because of the vinegar residual. The horses love it too! Just pour about a quart in 50 gal, and that is all you need!
I agree with most of these points. We only have Kroger and WalMart (supercenters) in our area. Since I am not a big fan of WalMart, I do all my shopping at Kroger.
I have been really pleased with the Kroger brands of products, such as coffee. You can usually save about 30% by just buying the store brand.
Also, if you take time to look, Kroger usually runs a special in most categories. For example, if dog food is on special, I buy it (even if I do not need it just yet).
I do not use a lot of coupons, but think I do fairly good at saving in the supermarket.
my name is thayakaran from kuala lumpur, malaysia... i am currently workin on a small college project which requires me list down and explain the sources of finance to run or open a business..
the question is verry general where they did not state or specify any type of business. can anyone help me is this? i would realy appreciate it if you guys can help me in this...Please and thank you..
I see a big jump in inflation coming. (4% in a year at least)
My reasoning: according to some salary reports I read from ieee and a nyt article, cs and computer eng majors out of college are getting 7% higher salaries than a year before compared to about 2% of other engineers. You can also look on payscale.com and see that as a cs grad you get payed a lot more at somewhere like northrop grumman that has the us gov as a #1 customer than elsewhere. The idea is that the gov prints the money and spends it, the additional money in the markets isn't really accounted for until it trickles down a bit from salaries and gov contactor profits.
Where should one invest when a jump in inflation is on the horizon?
I had to fire the first realtor because she was showing us homes that were above what we wanted. That was easy. I am about to fire my current realtor because over the past year, she show little interest in listening to what we want. She did not want to lease our home out while the market is so bad. Eventually it was rented at our prodding. Now, while the current renter would like to set up a lease option to buy, we have agreed and we are still waiting after two weeks for our realtor to find time to help us. While I am mentioning it, our contract with our realtor ended on July 2009 so I know we are not under any obligation. Just to many little mistakes on their part. The list goes on.
There are some things I use occasionally in recipes, but not a lot--apple cider, tomato juice, orange juice, tomato sauce--so I divide a jar or bottle into small containers and freeze them. That way I don't have to buy a half gallon of cider when I need only a cup. I keep my nuts and seeds in the freezer so they won't turn into bugs. I've saved a lot by buying packaged staples like milk,flour, honey and olive oil at Aldi, so I can buy meat and eggs from a local vendor. Some spices like cinnamon and basil can be bought in large containers at Kroger. We also drink iced herb tea instead of soda, and eat oatmeal with a variety of fruits or nuts instead of cereal.
And before you get too excited, yes I know it is grammar!
So, let's be clear. I take it the grammer police was canned and had nothing better to do than transfer her frustration to someone who tried to post a helpful list?
Did Unemployment revoked your claim, since your a full time student? Because I under the same situation as a full time student, but was wondering will my claim be denied. I live in NY by the way.
Back when I was in high school, kids loved to wear pieces of old RAM as necklaces, usually with string that looked like dental floss! It was a badge of honor for them.
There are 16 ideas in this post so you are welcome to use these sources for financing a business.
Hi,
does anyone know of the hack for my Samsung HT-TZ522. Right nnow its Reigion 1 but i would like it to be Reigon Free. I have tried all of the other hacks i found but none of then seem to work. if you have any please contact me at
Jussi_69_jyrki_helsinki_vamps@yahoo.com
Thakyou.
@ Jim:
I don't think that's true. Inflation is a natural consequence of the money supply growing faster than the economy.
You can have inflation even when the economy is shrinking (as, for example in all the recessions in the 1970s and 1980s), and you have have deflation even when the economy is growing. (The latter is uncommon, but it does happen. The long deflation in the US after the civil war, for example, saw strong economic growth.)
I remember doing an experiment in college psychology. We had to smile as much as we could for a week and we were interviewed the next week. The result was....everyone felt happier. I had forgotten about that. Thanks for the 'happy flashback'. Great article.
A little bit of inflation is a natural consequence of a growing economy. So yes a little bit of inflation is a good thing as its a reflection of growth.
If you look at current inflation #'s from the last few decades, it's been closer to 3-4% than 1-2%.
Higher inflation along with baby boomers loosing a lot of value in their portfolios recently, doesn't make for an exciting outlook for many people.
Thanks for your email and interest in renting my house..I am Sarah Jacobus ,the owner of the house you are making enquiry of…Actually I resided in the house with my family, my wife and my only daugther before and presently we have moved out due to my transfer from my work now in Warsaw,Poland. Presently my house is still available for rent for 700 USD (rent already includes utilities).More so Now, i’m currently in the (West Africa)for an international Christian follower’s crusade.Pls i want you to note that i spent a lot on my property that i want to give to you for rent,so i will solicit for your absolute maintenance of this house and want you to treat it as your own, It is not the money that is the main problem but i want you to keep it tidy all the time so that i will be glad to see it neat when i come for a check up.I also want you to let me have trust in you as i always stand on my word.
Address of the house (2630 North Baltimore Street, Tacoma, WA 98407)...
It has a dramatic entry foyer with ceramic floor. Extremely spacious rooms throughout with lots of big windows…nice and light! New neutral paint and some newer carpet..Very quiet, low traffic area. New fridge I believe its absolutely a perfect home for you and your family.Utilities include Water,Trash,Sewer,Gas Etc...
SO IF YOU ARE REALLY INTERESTED I WILL WANT YOU TO FILL THE RENT APPLICATION FORM BELOW.
RENT APPLICATION FORM.
FIRST NAME:__________?
MIDDLE NAME:__________?
LAST NAME:__________?
PROFESSION:__________?
PHONE:
(CELL)PHONE__________?
(WORK)PHONE__________?
(HOME)PHONE__________?
KIDS _____ (YES/NO), HOW MANY ________
PRESENT ADDRESS: _____________________
CITY: _______________
STATE:______________
ZIP CODE: ____________
HOW LONG? ___________IF RENTING
WHY ARE YOU LEAVING__________?
IF THIS HOUSE IS BEING GIVEN TO YOU,
HOW LONG DO YOU INTEND STAYING? ____________?
WHEN DO YOU INTEND MOVING IN? ______________?
IF YOU HAVE A PET,
NAME OF PET: _____________?
KIND OF PETS: _____________?
HABITS
DO YOU SMOKE ______________ ?
DO YOU DRINK ______________?
DO YOU WORK LATE NIGHT? ____?
Looking forward to hearing from you with all this details so that i can have it in my file in case of issuing the receipt for you and contacting you…Await your urgent reply so that we can discuss on how to get the document and the keys to you,please we are giving you all this based on trust and again i will want you to stick to your words,you know that we have not seen yet and only putting everything into Gods hands,so please do not let us down in this our property and God bless you more as you do this…The house is available for rent at the moment so you are free to move in as soon as you wish to…A Deposit of $500 (which happens to be the security deposit) is required before moving in…Feel free to call me for more information and arrangements on how to get the keys and other necessary documents delivered to you…my number is (+23470-4145-2152 011-234-70-4145-2152).The house will be available for rent for a period of 4 years so you have a choice of deciding how long you intend staying there…
God Bless,
Sarah Jacobus
Love the poem on the tee shirt even though I wouldn't consider my self a geek.
I should note that I had Wonder Woman underoos as a kid, and I feel like I really rocked that look. I don't know if I would ever attempt it again.
OMG. I so want that shirt.
Waste not, want not -- that's my motto.
I think the biggest thing that my husband and I did was just get a handle on our waste. Part of that is just buying less to begin with and once-a-week shopping has definitely helped. We got into a routine of going to the farmers' market and grocery stores every Wednesday. That way, we got an idea of how much food we really needed and have been cutting back more and more. We occasionally make a small trip out for something we've forgotten, but we try to eat what we have instead of buying more. We still haven't come close to going hungry!
Also, it's good to learn some recipes or just loose ideas of what to do with leftovers and odd bits of fresh food. Soups, salads, sushi, casseroles, stir-fries -- all can be great ways to turn a little of this and a little of that into something delicious.
Last night we made some older apples into a delicious apple bake.
And don't forget to preserve things before they go bad if you won't eat them in time! Today we'll squeeze the rest of our lemons and freeze the juice for later. And if I want some banana for my oatmeal or fritters there's some in the freezer waiting for me.
Bulk bins and scoop your own spices containers = frugal eater's best friend. Your mileage may vary, but the ones at our local grocery store have consistently been cheaper than pre-packaged options and being able to buy just the amount we need reduces waste, especially with spices we don't use a lot.
Finally, going vegan has been a real money saver for us. Some of the specialty stuff is more expensive, for sure (though the Sweet & Sara marshmallows are sooooo worth it). But for the most part we're eating a lot cheaper and healthier, too. Even if you aren't willing to go vegan, consider incorporating more plant-based meals in your diet.
SHRED THE PIECE OF GARBAGE ASAP!!! FORGET YOU EVEN RECIEVED IT!!!! DONT BE FOOLED!!!! SOMEBODY IS MAKIN A TON OF MONEY OFF OF YOUR HARD EARNED CASH!!!!!! SCAM SCAM SCAM SOMEWHERE IN THE NEAR FUTURE IT WILL BE GONE JUST LIKE THE BANK YOU SEND IT TO!!!!!
Yes, a little inflation means that a fixed-rate mortgage gradually becomes easier to pay. The result is that a buyer who over-reaches just a little—buying slightly more house than he can afford—will often be bailed out over time.
Economists like to point out that expected inflation doesn't really change anything: If everyone expects the inflation rate to run about 2%, then the interest rate on the mortgage will be about 2 percentage points higher than it otherwise would be. Then, if inflation runs a little above 2%, the homeowner wins. If, however, inflation runs a little below 2% (as it was doing for the past year or so), the home owner loses.
When you have a little tiny bit of inflation (1–2%), the homeowner can take that risk. When inflation rates get just a little higher (the inflation advocates in that article are suggesting that 4% to 6% inflation might solve a lot of problems) you're setting people up to take huge risks. If you take out a fixed rate mortgage when inflation is running at 5%, you can expect your mortgage rate to come in at 8% or higher. Then, if inflation is brought back down under 2%, you are seriously screwed (unless you can refinance).
It's exactly what I'm talking about when I say that it becomes impossible to make long-term plans when inflation rates rise.
I think a small amount of inflation is especially good for existing homeowners. If you have a $1,000 mortgage payment that remains constant, as inflation is realized, the effective payment will diminish over time. Assuming you get raises that are at or near the levels of inflation, this means that your cost of living will slightly decrease over time.
I agree, though, that a moderated level (1-2% annually) is ideal.
I would also add
--go generic (there's no difference, really!)
--and don't shop when you're hungry.
I use apple cider vinegar in my horses water in the summertime. This really does help repel flies and they won't breed in the manure either because of the vinegar residual. The horses love it too! Just pour about a quart in 50 gal, and that is all you need!
I agree with most of these points. We only have Kroger and WalMart (supercenters) in our area. Since I am not a big fan of WalMart, I do all my shopping at Kroger.
I have been really pleased with the Kroger brands of products, such as coffee. You can usually save about 30% by just buying the store brand.
Also, if you take time to look, Kroger usually runs a special in most categories. For example, if dog food is on special, I buy it (even if I do not need it just yet).
I do not use a lot of coupons, but think I do fairly good at saving in the supermarket.
my name is thayakaran from kuala lumpur, malaysia... i am currently workin on a small college project which requires me list down and explain the sources of finance to run or open a business..
the question is verry general where they did not state or specify any type of business. can anyone help me is this? i would realy appreciate it if you guys can help me in this...Please and thank you..