[Coronita]

Rehtorical question: Do you find it insulting some MLS listings still list a sale price with a $100k spread?

Insult away. It's a buyer's market. 

[Coronita]

Rehtorical question: Do you find it insulting some MLS listings still list a sale price with a $100k spread?

Insult away. It's a buyer's market. 

[Coronita]

I am still trying to figure out where you think you get a gain here. The only thing I can think of is something akin to kite'ing checks. That the $50,000 will not be attributed to the HELOC until the following month, but will take effect on the mortgage at the immediate month. The problem is that as of recent banking laws, transfers take effect in 3 to 7 business days depending whether it is in-state or out of state (check and funds clearing laws). This means that the fund transfers (credit and drawdown on HELOC) will be attributed virtually simultaneously.

I've been silent trying to follow this thread because I find it interesting.

Dumb question, and mainly a reflection of my own pea-sized brain at this point.

 

But does this apparent strategy supposedly work because

1) your regular mortgage is compounded monthly

2) your heloc would be compounded daily..Coupled with a direct deposit of paychecks say at bi-weekly intervals, the running balance on the heloc would be lower such that despite the higher interest rate and higher frequency of compounding, the lower average balance offsets the higher rate and higher frequency of compounding……

 

If that's the idea, I have to think about it. It makes an interesting problem… Still trying to figure out how it works in theory.

 Side note: why don't 35 of us pitch in $100 each and buy 1 copy of the program. Just kidding 🙂

 

[Coronita]

I am still trying to figure out where you think you get a gain here. The only thing I can think of is something akin to kite'ing checks. That the $50,000 will not be attributed to the HELOC until the following month, but will take effect on the mortgage at the immediate month. The problem is that as of recent banking laws, transfers take effect in 3 to 7 business days depending whether it is in-state or out of state (check and funds clearing laws). This means that the fund transfers (credit and drawdown on HELOC) will be attributed virtually simultaneously.

I've been silent trying to follow this thread because I find it interesting.

Dumb question, and mainly a reflection of my own pea-sized brain at this point.

 

But does this apparent strategy supposedly work because

1) your regular mortgage is compounded monthly

2) your heloc would be compounded daily..Coupled with a direct deposit of paychecks say at bi-weekly intervals, the running balance on the heloc would be lower such that despite the higher interest rate and higher frequency of compounding, the lower average balance offsets the higher rate and higher frequency of compounding……

 

If that's the idea, I have to think about it. It makes an interesting problem… Still trying to figure out how it works in theory.

 Side note: why don't 35 of us pitch in $100 each and buy 1 copy of the program. Just kidding 🙂

 

[Coronita]

I am still trying to figure out where you think you get a gain here. The only thing I can think of is something akin to kite'ing checks. That the $50,000 will not be attributed to the HELOC until the following month, but will take effect on the mortgage at the immediate month. The problem is that as of recent banking laws, transfers take effect in 3 to 7 business days depending whether it is in-state or out of state (check and funds clearing laws). This means that the fund transfers (credit and drawdown on HELOC) will be attributed virtually simultaneously.

I've been silent trying to follow this thread because I find it interesting.

Dumb question, and mainly a reflection of my own pea-sized brain at this point.

 

But does this apparent strategy supposedly work because

1) your regular mortgage is compounded monthly

2) your heloc would be compounded daily..Coupled with a direct deposit of paychecks say at bi-weekly intervals, the running balance on the heloc would be lower such that despite the higher interest rate and higher frequency of compounding, the lower average balance offsets the higher rate and higher frequency of compounding……

 

If that's the idea, I have to think about it. It makes an interesting problem… Still trying to figure out how it works in theory.

 Side note: why don't 35 of us pitch in $100 each and buy 1 copy of the program. Just kidding 🙂

 

[Coronita]

I am still trying to figure out where you think you get a gain here. The only thing I can think of is something akin to kite'ing checks. That the $50,000 will not be attributed to the HELOC until the following month, but will take effect on the mortgage at the immediate month. The problem is that as of recent banking laws, transfers take effect in 3 to 7 business days depending whether it is in-state or out of state (check and funds clearing laws). This means that the fund transfers (credit and drawdown on HELOC) will be attributed virtually simultaneously.

I've been silent trying to follow this thread because I find it interesting.

Dumb question, and mainly a reflection of my own pea-sized brain at this point.

 

But does this apparent strategy supposedly work because

1) your regular mortgage is compounded monthly

2) your heloc would be compounded daily..Coupled with a direct deposit of paychecks say at bi-weekly intervals, the running balance on the heloc would be lower such that despite the higher interest rate and higher frequency of compounding, the lower average balance offsets the higher rate and higher frequency of compounding……

 

If that's the idea, I have to think about it. It makes an interesting problem… Still trying to figure out how it works in theory.

 Side note: why don't 35 of us pitch in $100 each and buy 1 copy of the program. Just kidding 🙂

 

[Coronita]

How about a nice peking duck at a chinese restaurant like Pearl?

Save a turkey, kill a duck 🙂

Reminds be of the christmas movie about the kid wanting a bb gun (forget the name right now).

 

[Coronita]

How about a nice peking duck at a chinese restaurant like Pearl?

Save a turkey, kill a duck 🙂

Reminds be of the christmas movie about the kid wanting a bb gun (forget the name right now).

 

[Coronita]

How about a nice peking duck at a chinese restaurant like Pearl?

Save a turkey, kill a duck 🙂

Reminds be of the christmas movie about the kid wanting a bb gun (forget the name right now).

 

[Coronita]

How about a nice peking duck at a chinese restaurant like Pearl?

Save a turkey, kill a duck 🙂

Reminds be of the christmas movie about the kid wanting a bb gun (forget the name right now).

 

[Coronita]

Cooprider,

 Rehtorical question wrto goog.

 While it's P/E is 50, consider Yahoo. It's P/E is 53. This sector imho is way overpriced, but relative to it's peers, is google really that much more overpriced, considering they are pretty much kicking everyone else's ass in the sector, and it on a much more belieable growth than the likes of say Yahoo? Long term, maybe things will become more rationale. But for the time being, I wouldn't be betting against the tread

No, i don't own google shares, though I wish I bought in at the dutch auction when it IPOed.

 

 

[Coronita]

Cooprider,

 Rehtorical question wrto goog.

 While it's P/E is 50, consider Yahoo. It's P/E is 53. This sector imho is way overpriced, but relative to it's peers, is google really that much more overpriced, considering they are pretty much kicking everyone else's ass in the sector, and it on a much more belieable growth than the likes of say Yahoo? Long term, maybe things will become more rationale. But for the time being, I wouldn't be betting against the tread

No, i don't own google shares, though I wish I bought in at the dutch auction when it IPOed.

 

 

[Coronita]

Cooprider,

 Rehtorical question wrto goog.

 While it's P/E is 50, consider Yahoo. It's P/E is 53. This sector imho is way overpriced, but relative to it's peers, is google really that much more overpriced, considering they are pretty much kicking everyone else's ass in the sector, and it on a much more belieable growth than the likes of say Yahoo? Long term, maybe things will become more rationale. But for the time being, I wouldn't be betting against the tread

No, i don't own google shares, though I wish I bought in at the dutch auction when it IPOed.

 

 

[Coronita]

Cooprider,

 Rehtorical question wrto goog.

 While it's P/E is 50, consider Yahoo. It's P/E is 53. This sector imho is way overpriced, but relative to it's peers, is google really that much more overpriced, considering they are pretty much kicking everyone else's ass in the sector, and it on a much more belieable growth than the likes of say Yahoo? Long term, maybe things will become more rationale. But for the time being, I wouldn't be betting against the tread

No, i don't own google shares, though I wish I bought in at the dutch auction when it IPOed.

 

 

[Coronita]

Look, we have a war going on on Islamic terrorists & radical Arabs. How many Muslims or Arabs have you heard being harmed? They have better chance of getting mugged in NY/LA/Chicago etc.

Uh….Harm, no…Uh, profiled?….

 

The Imams of US Airways Flight 300 File Suit – CAIR in Cahoots

 

http://www.cairchicago.org/inthenews.php?file=wbbm08302007

 

http://209.157.64.200/focus/f-news/1917936/posts

 

http://www.freerepublic.com/focus/f-news/1920168/posts?page=1

 

and my personal favorite here in san diego…

http://digg.com/world_news/Racist_Mom_Delays_Flight

http://www.signonsandiego.com/news/metro/20070901-9999-1m1airline.html

 

 

 

[Author]

Posts