Trolling....
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Trolling....
The fed cut rates by 3/4 point. People should buy real estate now. It's the best time ever.
Trading today has been as volatile as Wall Street has seen in recent memory. At its lows minutes after the opening bell, the Dow was more than 460 points in negative territory. In recent action, the Dow was only down about 40 points.
Some of my stocks are doing great: Sears, Home Depot, Costco, Chase, etc..
What a day!
http://www.foxbusiness.com/markets/article/futures-red-fed-cuts-075-emergency-action_444468_2.html
Trading today has been as volatile as Wall Street has seen in recent memory. At its lows minutes after the opening bell, the Dow was more than 460 points in negative territory. In recent action, the Dow was only down about 40 points.
Some of my stocks are doing great: Sears, Home Depot, Costco, Chase, etc..
What a day!
http://www.foxbusiness.com/markets/article/futures-red-fed-cuts-075-emergency-action_444468_2.html
The fed cut rates by 3/4 point. People should buy real estate now. It's the best time ever.
Trading today has been as volatile as Wall Street has seen in recent memory. At its lows minutes after the opening bell, the Dow was more than 460 points in negative territory. In recent action, the Dow was only down about 40 points.
Some of my stocks are doing great: Sears, Home Depot, Costco, Chase, etc..
What a day!
http://www.foxbusiness.com/markets/article/futures-red-fed-cuts-075-emergency-action_444468_2.html
just because you have the money to buy real estate doesn't mean everyone does. the average american cannot afford to pieces of real estate unless one of them is rather cheap and i do mean dirt cheap
The "average" American CAN afford it. Say he earns $40k/year. He can easily afford to own if he doesn't spend his money on stupid stuff. He can especially afford to own if he buys in a cheap/upcoming area. Renting is throwing your money in the toilet. You can buy with no money down and good credit. Just about anyone can do it. You can even buy no money down and bad credit if you get seller financing. Where there's a will there's a way.
The "average" American CAN afford it. Say he earns $40k/year. He can easily afford to own if he doesn't spend his money on stupid stuff. He can especially afford to own if he buys in a cheap/upcoming area. Renting is throwing your money in the toilet. You can buy with no money down and good credit. Just about anyone can do it. You can even buy no money down and bad credit if you get seller financing. Where there's a will there's a way.
well first off the average american doesn't have good credit. and yes lots of people can afford to by a second piece of real estate with the intent to flip it but to own and mantain they cannot.
Wow. Maybe the rest of us are living on Planet Reality. I'd love to live on Sandy's Planet. Everything, no matter how bad is coming up Roses.
Let's see. Why would our wonderful, caring President want to make it look as if the economy were doing great? Might it be something to do with the fact the Republicans pretty must sold the country into a depression and this being an election year - well you can figure out the rest.
Rental? This time next year you won't be able to rent it. Just in time to blame the whole mess on the Democrats and Jimmy Carter.
Let's see. Why would our wonderful, caring President want to make it look as if the economy were doing great? Might it be something to do with the fact the Republicans pretty must sold the country into a depression and this being an election year - well you can figure out the rest.
Rental? This time next year you won't be able to rent it. Just in time to blame the whole mess on the Democrats and Jimmy Carter.
Yeah, being/thinking positive is sooo much worse than being a whiney moron.
I almost always look on the positive side of things. Negativity makes for a pathetic life.
W doesn't have to make the economy look great. It will be fine.
The rental market is almost always good--especially when you buy in a good area and make sure your numbers work.
Real estate is a great investment.
I just can't decide whether to get something with a good view that's nice and (Rocky Mountain) high , or go for something near a beach or waterfront. There's the appreciation/depreciation thing. And there might not be much waterfront left, by then the grandchildren won't be inheriting a lot, there is the liquidity factor.
Any thoughts?
I just can't decide whether to get something with a good view that's nice and (Rocky Mountain) high , or go for something near a beach or waterfront. There's the appreciation/depreciation thing. And there might not be much waterfront left, by then the grandchildren won't be inheriting a lot, there is the liquidity factor.
Any thoughts?
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I vote for waterfront. There is nothing like it. Most of my personal homes are on the water.
Sandy: you may have missed the cynical undertone of my post. (he he)
In some future, there might not be much waterfront property available, not because it all got bought up, but because the stupid ice sheets slid into the ocean.
So my "liquidity factor" really wasn't anything to do with finances. I'd still go for the elevated real estate, maybe it's a location thing.
In some future, there might not be much waterfront property available, not because it all got bought up, but because the stupid ice sheets slid into the ocean.
So my "liquidity factor" really wasn't anything to do with finances. I'd still go for the elevated real estate, maybe it's a location thing.
That's not going to happen. Not in my lifetime or yours or your great-great grandchildren's. Live on the water. It's the best.
Yeah, being/thinking positive is sooo much worse than being a whiney moron.
I almost always look on the positive side of things. Negativity makes for a pathetic life.
There is a difference between being whiny and being realistic about things. Life doesn't aways turn out to be what you expect just because you always think happy-go-lucky. Think realistically.
Not only is she rich and has Jesus on speed dial, She can also tell the future! Hot dang, now that's my type O' woman! Get on over here girl and let me get you in a family way! We can make a bunch of little tax deductions and apply for corporate welfare! We can turn you 12 million into 7 billion overnight!
Then we buy a bunch of real estate from those evil baby boomers who think they are going to retire on the government [read - our] tit. Then put em all out on the street and laugh at them as they slowly die from the elements. Not out fault they didn't prepare for the future. We'll be neck deep in green backs and hip deep in dead 80 year olds! I can just see the look on Jesus face now as he says to us, "well done my childern - here, enter into the kingdom of heaven for ye have rid the earth of the dreaded boomers - those who dare think that they should be given hand outs by the wealthy!"
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No thanks. I'll keep my thoughts focused on Him. MUCH better that way.
12 million??? That's freakin' poverty!
Back on topic: stocks rebounded today. Yay!
http://news.yahoo.com/s/ap/20080123/ap_on_bi_st_ma_re/wall_street
"A stunning comeback"....:yay:
Wall Street scored its second straight big advance after economic figures said the job market is holding up and as lawmakers agreed on measures that could ease concerns about consumer spending. The Dow Jones industrials rose more than 100 points, bringing its two-day gain to more than 400. :yay:
A Labor Department report said the number of people seeking unemployment benefits last week fell for a fourth straight week. Applications for benefits dropped 1,000 to 301,000, pushing claims down to the lowest level in four months.:bravo:
http://news.yahoo.com/s/ap/20080124/ap_on_bi_st_ma_re/wall_street
A Labor Department report said the number of people seeking unemployment benefits last week fell for a fourth straight week. Applications for benefits dropped 1,000 to 301,000, pushing claims down to the lowest level in four months.:bravo:
http://news.yahoo.com/s/ap/20080124/ap_on_bi_st_ma_re/wall_street
I'm going to start investing in chinese or Japanese money. I heard that the yen is going up a lot in value.
Proposed Economic Plan Could Help the Housing Market:
http://www.foxbusiness.com/article/proposed-economic-plan-help-housing-market_451505_1.html
:bravo:
http://www.foxbusiness.com/article/proposed-economic-plan-help-housing-market_451505_1.html
:bravo:
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