Back in the fifties and early sixties Puerto Vallarta was a very small fishing village, home to several thousand locals and a lot of fruit and vegetable plantations.

Fifty Checkbooks!

No way to take advantage of shorter term market moves, etc.If the 401 is matched, even at a small percent, we certainly agree.

However, I'm kind of afraid that inflation is going to set in soon and I'm going to miss a once in a lifetime opportunity in real estate.It's too bad you can't make a livable wage out of high school anymore.

I understand what you mean about buying lower, but that would mean buying for 60 percent minus repairs or better, and I haven't had an acceptance onOn anything that low.

I'll break it down:Assumptions are a buy and hold $75K property w/ 20 percent down NOO 7.5 30 year.

The analysis is simple:Rent: $375Expenses: $187.50 (50% rule)NOI: $187.50Desired cash flow: $100Maximum payment: $87.50Maximum price: $13.152 (7%, 30 years).Rent percent: 2.85% (monthly rent as a percentage of purchase price)Of course, you can tweak those numbers as you wish.

Read this Bernanke presentation carefully - it is about as precise as any study I've ever read.My belief about the money supply (M2/M3, not M0 and generally not M1) is probably as close as any, but the DEFLATION caused the most pain in the contraction phase (we're in that now and gaining momentum) - it FELL 30 percent, rather similar to today's RE/Fuel/Machinery pricing trends.

Check this out: "Wolfram also foresees a day, perhaps in his lifetime, when his name will be enshrined alongside those of Isaac Newton, Charles Darwin, and Albert Einstein."

Policy makers forecast the unemployment rate will be above their long-run preference range of 4.8 percent to 5 percent through 2011.