We've been lucky this time. For once there was a downturn and our industry wasn't affected. Last one we were two weeks from our house
going to auction.
Very good for you!!! Working in retail in a multinational corporation where people buy stuff for their homes...have been asking myself how many of these
I see right now will lose it all by wasting their time/money because they
lost their job(s) or got over extended like 10+ years ago? In terms of myself...it's not bad right now...but I've been wondering when the boom is going to lower on me/those just like me? Thank god I own (paid cash back in 2017 new) a 50 cc scooter & have a roommate to help with having a decent place to live & such. It will be tough for me...but when the marriages break up...stuff goes into bankruptcy & such for the folks spending like there's no tomorrow...it's going to be way too late at that time...while I've been expecting it. Forgot to mention that I sock as much away as I can afford & still live great. Most of the tax refunds this year & that $1200 are sitting
in the bank with some of my peace of mind.
Now I've only got a few more years and it's paid off.
Then I can consider when to retire. :)
Very nice! You are one of the rare ones who seemed to have learned from the last time. Never figured out how people never seem to figure out this garbage runs in cycles & will make the same mistakes over & over again.
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