The grammar of money
That $700 billion dollar bailout… the first question everyone wants to know is, “will it work?” Actually, that’s probably really only the second or third question. For just about all of us, the number #1 question is, “what should I do with MY money?” At least that’s the question that’s been on my mind these days. To all of you who’ve been asking the same thing, I have only one suggestion to make: Spend it. And hurry. What are you waiting for?
I went out and bought a ruby ring last week. Heck, why not? My 401K lost $6000 in a single day last week – what am I hanging on to the money for? Six thousand dollars. I could have gone to Europe, gotten a face lift, put a flat screen TV in every room of my house, bought Manolos & Jimmy Choos & Louis Vuitton handbags. I could have gotten a dozen Botox treatments. I could have put down the money on a BMW, like all the rest of you realtors are driving, and scrapped the whole dinged-up Toyota Echo aesthetic. But no. I had to “save” it. I had to “invest” it. I thought I could make my money “work” for me. The mistake was mine. I believed that money could act like a verb. It can’t. Money is a noun, and nouns are what it does best. Real estate. Jewels. Cars. Vacations. Treat it like a concept & it’ll act like a concept, shifting ephemerally with every breeze. Treat it like the material object that it is, and it’ll reward you with other material objects. Concrete things. Solid, tangible pieces of actual reality. It’s simple, really.
So go out and buy that big house. Test drive that brand-new car. Speak to me, Harry Winston. Because I’ve learned my lesson, and learned it the good old-fashioned hard way. You CAN’T take it with you. And what a relief, at long last to finally be able to stop trying.
Labels: investments, jewels, Liz Marchi, newport real estate




4 Comments:
The saying you can't take it with you has a new meaning. I think the term "you can't keep it with you" makes a lot more sense. No matter how slow some may think the housing market is I have never since the value of house drop as quickly and precipitously as a stock!
This blog put a smile on my face while I was in tongue in cheek mode but my reality of having no money at all put away to live on in my golden years doesn't seem so funny. A flat screen TV or BMW isn't something people who live paycheck to paycheck even have on their wishlists...food, oil for heat, a bus route that gets you to work on time. I go to the library for computer access. Signed a have not.
I'm busy calculating and updating how much time I have left. Here's some money grammar. Time is money and now...money is time. The amount that's left divided by how many mortgage payments, heating bills, health insurance and credit card payments before the money is gone. We know it all depends on consumer confidence and if everyone got out there and bought baubles and BMW's we'd be on our way.
Hey - would you happen to remember where you got that ruby ring? I'd like to get one for my wife.
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