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RE: YouTube - Jim Cramer Blows a Head Gasket 8/3/07

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RE: YouTube - Jim Cramer Blows a Head Gasket 8/3/07
by Hijexx at 11:57 pm EDT, Aug 9, 2007

skullaria wrote:
The bank made a killing on a very bad, sad situation. Now she goofed up and should have just paid the place off instead of turning it into a showplace...but that's what you get sometimes for working hard and hoping for better.

Not to be too hard (terrible what your sister went through and continues to live with by the way) but that goes quite beyond "goofing up." "Buying" a house then taking a second mortgage to fix it up and add a swimming pool was stupid. Swimming pools add little to no value to a home anyway. They are luxuries.

Getting your house foreclosed on in that situation is not "something you get for working hard and hoping for better." It'd what you get when the financial impact of unplanned life events are exacerbated by poor financial decisions.

RE: YouTube - Jim Cramer Blows a Head Gasket 8/3/07


 
 
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