BailOut's Interview: Conservation in 2009 and Beyond

[SilverGlow]

Originally Posted by KCALB SIRAY

Off Topic: I'm confused by your "Amen". You have cash up to $100,000, choice to invest in rentals (investment properties) and call people who spend money "shallow idiots". My view of these statements tell me you are agreeing to exactly what he is saying he does not care for in the commitments you are in

On Topic: Anyone want to interview me, be my guest

To clarify, I call people that choose to spend money idiots, IF they spend money on stupid things that will DEPRECIATE, and will sabotage their financial futures. Like pimping a Yaris, for example, or buying a huge big screen TV that they can't really justify financially. The best way to spend is to spend on things that will appreciate, will add value to one's portfolio, tangible items. Being mindful of a possible loss of a job, income, the state of the economy, that sort of thing. Forget about stocks and bonds...pure gambling, to be sure.

And if the country needs people to go out and spend money on stuff, than I agree, just so long as it is not me, personally that does that kind of wreckless spending. Let the lemmings do it, and I appreciate that they do.

Brian wants to save the planet and that motiviates him. That's fine, and good. I too want to save gas, and auto costs in general, but my compulsion comes from wanting to save $$ and not the planet, per se.

For those of us that care about saving $ or the planet, I strongly suspect our next cars will be hybrids. I plan on keeping the Yaris until it hits 300,000 miles, or falls apart, which ever happens first. Then by then, hybrids will be more reasonably priced, so yea, the Yaris is the last gas-only vehicle I will own, and I suspect the same for most of us, especially Brian.