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My plan for saving huge amounts of money.

NuclearNed

NuclearNed

Raconteur
As most of us are aware, the march of inflation ensures that if demand remains constant, everything in the future will be more expensive than it is today. Typically, if one assumes a 3 to 4 percent inflation rate, this means that a bar of soap that costs $1.00 today is going to cost $1.04 next year. As the years go on, that same bar of soap is eventually going to be vastly more expensive than it is at today's prices.

So here's what I'm going to do:
1. I'm going to identify each non-perishable item that I use (razor blades, soap, charcoal briquettes, etc. etc. etc.).
2. I'm going to keep a detailed inventory of all such items and their quantities that I use in a single year.
3. Using the data from step 2, I'm going to estimate the quantities that I will consume during my remaining lifetime.
4. I'm going to buy a huge warehouse at today's real estate prices.
5. I'm going to buy all the items from step 1, in the quantities I estimated in step 3 and put them in the warehouse purchased in step 4.

Then for the rest of my life I'm going to enjoy non-perishable goods at 2005 prices. If I find that I underestimated the amounts that I end up using (or if I live to an extremely old age and outlive my supply horde), I'll just sell the warehouse, which by then should be worth tons more than the original purchase price, and I'll use the profits to live in luxury.

Enjoy inflation for the rest of your lives, suckers. I've got the system beat.
 
I just bought a fuel tanker truck myself. I think gas won't stop getting more expensive anytime soon.
 
Soap is actually perishable. I believe your idea is fundamentally flawed in that there are not enough non-perishable goods that can be used that way to make your scheme possible. I can't think of much else besides razors that I need to replace regularly and will hold up over time.
 
Originally posted by: Siva
Soap is actually perishable. I believe your idea is fundamentally flawed in that there are not enough non-perishable goods that can be used that way to make your scheme possible. I can't think of much else besides razors that I need to replace regularly and will hold up over time.
Click to expand...

prostates
 
purchasing in the quantities that you are thinking of will require quite a bit of liquid assets. If you put it on a credit card or take out a loan, you're not going to be able to save any money and make payments at the same time. So you're going to be poor anyway. Just with a crapload of stuff.
 
would you want to use a razor from 1950? bc thats what the difference is going to be like in 50 years 🙂

also, who knows how much of this stuff will be determined unhealthy by then
 
Originally posted by: NuclearNed
As most of us are aware, the march of inflation ensures that if demand remains constant, everything in the future will be more expensive than it is today. Typically, if one assumes a 3 to 4 percent inflation rate, this means that a bar of soap that costs $1.00 today is going to cost $1.04 next year. As the years go on, that same bar of soap is eventually going to be vastly more expensive than it is at today's prices.

So here's what I'm going to do:
1. I'm going to identify each non-perishable item that I use (razor blades, soap, charcoal briquettes, etc. etc. etc.).
2. I'm going to keep a detailed inventory of all such items and their quantities that I use in a single year.
3. Using the data from step 2, I'm going to estimate the quantities that I will consume during my remaining lifetime.
4. I'm going to buy a huge warehouse at today's real estate prices.
5. I'm going to buy all the items from step 1, in the quantities I estimated in step 3 and put them in the warehouse purchased in step 4.

Then for the rest of my life I'm going to enjoy non-perishable goods at 2005 prices. If I find that I underestimated the amounts that I end up using (or if I live to an extremely old age and outlive my supply horde), I'll just sell the warehouse, which by then should be worth tons more than the original purchase price, and I'll use the profits to live in luxury.

Enjoy inflation for the rest of your lives, suckers. I've got the system beat.
Click to expand...

the good thing is you'll be buying in bulk so you can get an even further discount on it!
 
That all sounds good until you realize that 20 years from now, razors might be replaced by something much much easier and better; and you'll be stuck shaving your face with a blade.
 
Originally posted by: eakers
Originally posted by: NuclearNed
As most of us are aware, the march of inflation ensures that if demand remains constant, everything in the future will be more expensive than it is today. Typically, if one assumes a 3 to 4 percent inflation rate, this means that a bar of soap that costs $1.00 today is going to cost $1.04 next year. As the years go on, that same bar of soap is eventually going to be vastly more expensive than it is at today's prices.

So here's what I'm going to do:
1. I'm going to identify each non-perishable item that I use (razor blades, soap, charcoal briquettes, etc. etc. etc.).
2. I'm going to keep a detailed inventory of all such items and their quantities that I use in a single year.
3. Using the data from step 2, I'm going to estimate the quantities that I will consume during my remaining lifetime.
4. I'm going to buy a huge warehouse at today's real estate prices.
5. I'm going to buy all the items from step 1, in the quantities I estimated in step 3 and put them in the warehouse purchased in step 4.

Then for the rest of my life I'm going to enjoy non-perishable goods at 2005 prices. If I find that I underestimated the amounts that I end up using (or if I live to an extremely old age and outlive my supply horde), I'll just sell the warehouse, which by then should be worth tons more than the original purchase price, and I'll use the profits to live in luxury.

Enjoy inflation for the rest of your lives, suckers. I've got the system beat.
Click to expand...

the good thing is you'll be buying in bulk so you can get an even further discount on it!
Click to expand...

This is the perfect opportunity to say "hot-diggity!" - thats a great added benefit.
 
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