Forum Replies Created
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AuthorPosts
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Bob G
ParticipantI didn’t get shit.
It would have been 3%, but employer took it back due to higher costs to them for a defined benefit retirement plan.
ParticipantI didn’t get shit.
It would have been 3%, but employer took it back due to higher costs to them for a defined benefit retirement plan.
Participanthttp://www.youtube.com/watch?v=cmAm8GNJ_IA
This has been posted before, but it cracks me up everytime.
Participanthttp://www.youtube.com/watch?v=cmAm8GNJ_IA
This has been posted before, but it cracks me up everytime.
ParticipantRustico,
Excellant post. I don’t think it could have been expressed more eloquently.
ParticipantRustico,
Excellant post. I don’t think it could have been expressed more eloquently.
ParticipantNo thank you, I’m not quite ready to go. How about the octogenarians. Let them fo first. They are sitting on a lot of property.
ParticipantNo thank you, I’m not quite ready to go. How about the octogenarians. Let them fo first. They are sitting on a lot of property.
ParticipantI’m looking for inflation adjusted 2000 prices.
I guess that’s about a 50 percent drop from todays prices.ParticipantI’m looking for inflation adjusted 2000 prices.
I guess that’s about a 50 percent drop from todays prices.ParticipantI don’t think Banks are protecting the comps. They are protecting latest profit statement. If they own a property that had a million dollar loan on it, and they can show it on their books as a 1 million dollar asset, they haven’t lost anything. Once they sell it for, say, $750,000, they have to record an actual loss of $250,000. Multiply this out and it’s a big hit to their quarterly profit. The stock market will take the loss and (correctly) project to onto future earnings. Ouch.
ParticipantI don’t think Banks are protecting the comps. They are protecting latest profit statement. If they own a property that had a million dollar loan on it, and they can show it on their books as a 1 million dollar asset, they haven’t lost anything. Once they sell it for, say, $750,000, they have to record an actual loss of $250,000. Multiply this out and it’s a big hit to their quarterly profit. The stock market will take the loss and (correctly) project to onto future earnings. Ouch.
ParticipantSuggestions:
Con $ ($ is abbreviation for dough)Pro $ (Someone who still has their money and FICO, like me.)
Hole
Trap
no-$
COOD (Conned Out Of Dough)
ParticipantSuggestions:
Con $ ($ is abbreviation for dough)Pro $ (Someone who still has their money and FICO, like me.)
Hole
Trap
no-$
COOD (Conned Out Of Dough)
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AuthorPosts
