Posted by Bret4207 on January 01, 2014 at 10:26:45 from (64.19.90.196):
In Reply to: Investments posted by MarkB_MI on January 01, 2014 at 07:04:49:
Quoting Removed, click Modern View to see
Because what your dollar in 2008 was worth is worth 10% or more less today. You have to add that in. $1000.00 in 2008 would be only $850 or 900.00 today, so the value of what you bought in 08 rises that much in addition to general price increases. And I'm not talking just inflation, I'm talking about the purposeful devaluation of our currency by the Fed. QE1, QE 2 etc. They bought back our debt by printing more money, lots more money, which devalues the dollar above and beyond inflation.
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Today's Featured Article - Talk of the Town: What's The "Stuckest" You've Ever Been? - by Edited by Kim Pratt. Another great discussion from the Tractor Talk Discussion Forum. The discussion started out with the following post: "I was about 14 (part of the problem) when I got stuck. I was disking with a cab equipped IH 966. The window was dirty and I was driving into the evening sun. It was hard to see and it was my first pass down the field. I got the tractor so stuck that the underside of the tractor was resting on the ground. My uncle wanted
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