We have decided to stay put at this house for educational reasons. While searching out things on the net to brush up on math I came across Khan Academy. It is wonderful and recently won the Google 10 mil to 5 award. I love this website. Each lesson is ten minutes, so it's not too much to take in.
Sal Khan is the teacher and I think he was a fund manager before starting this free service to the world. If you would like to learn about the current economic situation and how we arrived here, I think his presentations are awesome. Look under the Finance section. A person can see why buying a 40 acre farm in Prairie Farm Wisconsin in 1995 for $38k and then using a home equity loan in 2005, ten years later for $225k might have been a bad idea. You can also learn how to do the math on that type of appreciation if you didn't know. I learned how a home goes from $38k to $225K in ten years and why we might not see that home return to $225k anytime soon, if ever again. The biggest point I took away from this presentation was, the vast amount of wealth that was spent on consumption rather than investments; factories being built, research & development, and job creation. We traded all that for granite counter tops, remodeled bathrooms, room additions, Hummers and nice vacations.
Sal Khan is the teacher and I think he was a fund manager before starting this free service to the world. If you would like to learn about the current economic situation and how we arrived here, I think his presentations are awesome. Look under the Finance section. A person can see why buying a 40 acre farm in Prairie Farm Wisconsin in 1995 for $38k and then using a home equity loan in 2005, ten years later for $225k might have been a bad idea. You can also learn how to do the math on that type of appreciation if you didn't know. I learned how a home goes from $38k to $225K in ten years and why we might not see that home return to $225k anytime soon, if ever again. The biggest point I took away from this presentation was, the vast amount of wealth that was spent on consumption rather than investments; factories being built, research & development, and job creation. We traded all that for granite counter tops, remodeled bathrooms, room additions, Hummers and nice vacations.
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