[EconProf]

If preservation of capital is primary to you, I’d stay away from bonds and bond funds. They look good only on their recent performance, which is enhanced by the unprecedented lowering of interest rates in recent years. If that trend reverses, or merely stops, bond returns go negative or at best flatten out at low levels.

[EconProf]

If preservation of capital is primary to you, I’d stay away from bonds and bond funds. They look good only on their recent performance, which is enhanced by the unprecedented lowering of interest rates in recent years. If that trend reverses, or merely stops, bond returns go negative or at best flatten out at low levels.

[EconProf]

If preservation of capital is primary to you, I’d stay away from bonds and bond funds. They look good only on their recent performance, which is enhanced by the unprecedented lowering of interest rates in recent years. If that trend reverses, or merely stops, bond returns go negative or at best flatten out at low levels.

[EconProf]

If preservation of capital is primary to you, I’d stay away from bonds and bond funds. They look good only on their recent performance, which is enhanced by the unprecedented lowering of interest rates in recent years. If that trend reverses, or merely stops, bond returns go negative or at best flatten out at low levels.

[EconProf]

I sometimes bicycle around Santaluz and stop to look at the flyers posted at vacant lots for sale. The development began about 7 years ago, and some speculators bought lots to hold as investments. They roughly doubled in price and subsequently fell, to the point now that some are BELOW the original price. In that time the owners have been paying property taxes plus Mello Roos, amounting to about 2% of value. This plus the opportunity cost of the money (or interest cost, if mortgaged) must make them wish they never heard the name Santaluz.

[EconProf]

I sometimes bicycle around Santaluz and stop to look at the flyers posted at vacant lots for sale. The development began about 7 years ago, and some speculators bought lots to hold as investments. They roughly doubled in price and subsequently fell, to the point now that some are BELOW the original price. In that time the owners have been paying property taxes plus Mello Roos, amounting to about 2% of value. This plus the opportunity cost of the money (or interest cost, if mortgaged) must make them wish they never heard the name Santaluz.

[EconProf]

I sometimes bicycle around Santaluz and stop to look at the flyers posted at vacant lots for sale. The development began about 7 years ago, and some speculators bought lots to hold as investments. They roughly doubled in price and subsequently fell, to the point now that some are BELOW the original price. In that time the owners have been paying property taxes plus Mello Roos, amounting to about 2% of value. This plus the opportunity cost of the money (or interest cost, if mortgaged) must make them wish they never heard the name Santaluz.

[EconProf]

I sometimes bicycle around Santaluz and stop to look at the flyers posted at vacant lots for sale. The development began about 7 years ago, and some speculators bought lots to hold as investments. They roughly doubled in price and subsequently fell, to the point now that some are BELOW the original price. In that time the owners have been paying property taxes plus Mello Roos, amounting to about 2% of value. This plus the opportunity cost of the money (or interest cost, if mortgaged) must make them wish they never heard the name Santaluz.

[EconProf]

I sometimes bicycle around Santaluz and stop to look at the flyers posted at vacant lots for sale. The development began about 7 years ago, and some speculators bought lots to hold as investments. They roughly doubled in price and subsequently fell, to the point now that some are BELOW the original price. In that time the owners have been paying property taxes plus Mello Roos, amounting to about 2% of value. This plus the opportunity cost of the money (or interest cost, if mortgaged) must make them wish they never heard the name Santaluz.

[EconProf]

Bill Gross and Pimco have a vested interest in helping Fannie and Fredie, and should be honest and reveal this. He is part of the problem and should not be trusted.

[EconProf]

Bill Gross and Pimco have a vested interest in helping Fannie and Fredie, and should be honest and reveal this. He is part of the problem and should not be trusted.

[EconProf]

Bill Gross and Pimco have a vested interest in helping Fannie and Fredie, and should be honest and reveal this. He is part of the problem and should not be trusted.

[EconProf]

Bill Gross and Pimco have a vested interest in helping Fannie and Fredie, and should be honest and reveal this. He is part of the problem and should not be trusted.

[EconProf]

Bill Gross and Pimco have a vested interest in helping Fannie and Fredie, and should be honest and reveal this. He is part of the problem and should not be trusted.

[EconProf]

Back in the pre-energy crisis day, I bought a condo with a western view that took advantage of the view with lots of windows. It became a solar oven.
If you can have a back yard facing north as well as a good view, make that your outdoor living area, since shade is very desirable most of the year. I know some say that being in the outdoor sun in the winter is a plus, the fact is people really just don’t go outside much in the winter.

[Author]

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