Comments on: The Measurements of Value

By: J. Money

J. Money — Wed, 09 Apr 2014 20:36:56 +0000

In reply to Richard Anthony. You've got a lot of time on your hands right now, don't you? ;)

By: Richard Anthony

Richard Anthony — Wed, 09 Apr 2014 19:04:22 +0000

In reply to Richard Anthony. Correction: my fact checker (Richard Anthony) informs me that the 1960 U.S. population was closer to 180,000,000 (again, wikipedia), so apologies to Mr. McMichael for only being off by 20,000,000 . . .

By: Richard Anthony

Richard Anthony — Wed, 09 Apr 2014 18:57:19 +0000

In reply to Catina Mount. Funnee, Catina. Now you've given me an earworm of the Hokey Pokey that'll probably nag me all day. But since it's pick on Mr. McMichael time, I'll jump in with a critique of his population prognostication on Page 33 of 160,000,000 by 1960 when it actually zoomed to over 225,000,000 (so sez wikipedia). But wait, as J$ told us, he was just showing the "pretty pictures and graphs." No fair reading text;)

By: J. Money

J. Money — Wed, 09 Apr 2014 16:32:58 +0000

In reply to Christine @ ThePursuitofGreen. Yeah! So fun! Even better is what you sometimes find INSIDE the book, like notes or old envelopes, etc :) In fact, I just picked up a few older books at yard sales this last weekend that had some notes in them. Perhaps I'll blog about them when I do my next "yard sale tips" post... Thx for the reminder!

By: J. Money

J. Money — Wed, 09 Apr 2014 16:31:24 +0000

In reply to Broke Millennial. Is there something you'd like to tell us, Miss. Diamond lover? ;)

By: J. Money

J. Money — Wed, 09 Apr 2014 16:29:30 +0000

In reply to Dave @ The New York Budget. That IS interesting! You learn a lot when you're out there in "the wild" poking around, don't you? :)

By: Christine @ ThePursuitofGreen

Christine @ ThePursuitofGreen — Wed, 09 Apr 2014 05:53:22 +0000

Old books are always fun to sift through. Never know what you’ll find in a big pile. I like trying to find the oldest possible book in the place and see what it is about.

By: Broke Millennial

Broke Millennial — Wed, 09 Apr 2014 01:03:43 +0000

Yard sales are exciting — but I do prefer to be the seller. It’s fascinating in general how much of finance really just comes down to personal bias. What seems like a lot of money to me may not to another person or vice versa because of our specific upbringings. I appreciate that the value of a diamond is said to be expressed in desire. The general cost of diamonds seems so insanely inflated simply because of various monopolies in the industry, but I probably shouldn’t get off on a tangent.

By: Melanie@Dear Debt

Melanie@Dear Debt — Wed, 09 Apr 2014 01:02:54 +0000

I love old books! So interesting to see those different values. You are so right that value and price are never static.

By: Dave @ The New York Budget

Dave @ The New York Budget — Tue, 08 Apr 2014 22:25:54 +0000

As I learn more about real estate investing, I was struck by a strange phenomenon. Houses with up to 4 units in them are appraised at a value based on comparable houses in the area and what they have sold for recently. It is a bit of an estimate/guessing game, really.

However, if you have 5 or more units, the property is looked at as purely an investment and the value is based on how much income it generates.

I thought that was an interesting distinction (and potentially arbitrary)!