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March 27, 2008 at 1:58 PM in reply to: Seen on money.cnn.com: BREAKING NEWS – Stocks tumbled, Dow shedding over 100 points #177159March 27, 2008 at 1:58 PM in reply to: Seen on money.cnn.com: BREAKING NEWS – Stocks tumbled, Dow shedding over 100 points #177510
(former)FormerSanDiegan
ParticipantYAWN …
Hello, Rip Van FormerSanDiegan here.
Just woke up after falling asleep on March 27, 2007.
Exactly one year ago today.I was awaken by a shouting headline. Something about stocks tumbling and BREAKING NEWS. My friend in FairyTale Land, Chicken Little said to bail out and come back in a year for some bargains.
I sold everything after the close on 3/27/2007. The DOW closed at 12,397. I suspect that by now the whole world knows about the housing mess and all and that it would be a great time to consider buying up some stocks from all the desperate sellers. Oh, I see that houses dropped 20%. That’s cool. It appears that there is a credit crunch/panic. That should help.So … what’s the DOW at today ?
12,302 !
Are you freakin’ kidding me ? Down 0.8% in a year.
I’m going back to sleep.
YAWN.
March 27, 2008 at 1:58 PM in reply to: Seen on money.cnn.com: BREAKING NEWS – Stocks tumbled, Dow shedding over 100 points #177521ParticipantYAWN …
Hello, Rip Van FormerSanDiegan here.
Just woke up after falling asleep on March 27, 2007.
Exactly one year ago today.I was awaken by a shouting headline. Something about stocks tumbling and BREAKING NEWS. My friend in FairyTale Land, Chicken Little said to bail out and come back in a year for some bargains.
I sold everything after the close on 3/27/2007. The DOW closed at 12,397. I suspect that by now the whole world knows about the housing mess and all and that it would be a great time to consider buying up some stocks from all the desperate sellers. Oh, I see that houses dropped 20%. That’s cool. It appears that there is a credit crunch/panic. That should help.So … what’s the DOW at today ?
12,302 !
Are you freakin’ kidding me ? Down 0.8% in a year.
I’m going back to sleep.
YAWN.
March 27, 2008 at 1:58 PM in reply to: Seen on money.cnn.com: BREAKING NEWS – Stocks tumbled, Dow shedding over 100 points #177526ParticipantYAWN …
Hello, Rip Van FormerSanDiegan here.
Just woke up after falling asleep on March 27, 2007.
Exactly one year ago today.I was awaken by a shouting headline. Something about stocks tumbling and BREAKING NEWS. My friend in FairyTale Land, Chicken Little said to bail out and come back in a year for some bargains.
I sold everything after the close on 3/27/2007. The DOW closed at 12,397. I suspect that by now the whole world knows about the housing mess and all and that it would be a great time to consider buying up some stocks from all the desperate sellers. Oh, I see that houses dropped 20%. That’s cool. It appears that there is a credit crunch/panic. That should help.So … what’s the DOW at today ?
12,302 !
Are you freakin’ kidding me ? Down 0.8% in a year.
I’m going back to sleep.
YAWN.
March 27, 2008 at 1:58 PM in reply to: Seen on money.cnn.com: BREAKING NEWS – Stocks tumbled, Dow shedding over 100 points #177612ParticipantYAWN …
Hello, Rip Van FormerSanDiegan here.
Just woke up after falling asleep on March 27, 2007.
Exactly one year ago today.I was awaken by a shouting headline. Something about stocks tumbling and BREAKING NEWS. My friend in FairyTale Land, Chicken Little said to bail out and come back in a year for some bargains.
I sold everything after the close on 3/27/2007. The DOW closed at 12,397. I suspect that by now the whole world knows about the housing mess and all and that it would be a great time to consider buying up some stocks from all the desperate sellers. Oh, I see that houses dropped 20%. That’s cool. It appears that there is a credit crunch/panic. That should help.So … what’s the DOW at today ?
12,302 !
Are you freakin’ kidding me ? Down 0.8% in a year.
I’m going back to sleep.
YAWN.
ParticipantWho, as an investor, would put 20% down for an investment property?
Historically (prior to early 2000’s), investment property required at least 20% down. In fact often it was 25% or 30% down payment required.
Also, to get the best terms (lower rates, no PMI) requires at least 20% down. Better loan terms means better cash flow.
Most real long-term, buy-and-hold investors put at least 20% down. Those who put down less would likely include flippers and speculators.ParticipantWho, as an investor, would put 20% down for an investment property?
Historically (prior to early 2000’s), investment property required at least 20% down. In fact often it was 25% or 30% down payment required.
Also, to get the best terms (lower rates, no PMI) requires at least 20% down. Better loan terms means better cash flow.
Most real long-term, buy-and-hold investors put at least 20% down. Those who put down less would likely include flippers and speculators.ParticipantWho, as an investor, would put 20% down for an investment property?
Historically (prior to early 2000’s), investment property required at least 20% down. In fact often it was 25% or 30% down payment required.
Also, to get the best terms (lower rates, no PMI) requires at least 20% down. Better loan terms means better cash flow.
Most real long-term, buy-and-hold investors put at least 20% down. Those who put down less would likely include flippers and speculators.ParticipantWho, as an investor, would put 20% down for an investment property?
Historically (prior to early 2000’s), investment property required at least 20% down. In fact often it was 25% or 30% down payment required.
Also, to get the best terms (lower rates, no PMI) requires at least 20% down. Better loan terms means better cash flow.
Most real long-term, buy-and-hold investors put at least 20% down. Those who put down less would likely include flippers and speculators.ParticipantWho, as an investor, would put 20% down for an investment property?
Historically (prior to early 2000’s), investment property required at least 20% down. In fact often it was 25% or 30% down payment required.
Also, to get the best terms (lower rates, no PMI) requires at least 20% down. Better loan terms means better cash flow.
Most real long-term, buy-and-hold investors put at least 20% down. Those who put down less would likely include flippers and speculators.Participanthipmatt – It’s not the duration of the correction that matters. It’s the magnitude. This correction is moving at warp speed compared to the early 90’s.
Participanthipmatt – It’s not the duration of the correction that matters. It’s the magnitude. This correction is moving at warp speed compared to the early 90’s.
Participanthipmatt – It’s not the duration of the correction that matters. It’s the magnitude. This correction is moving at warp speed compared to the early 90’s.
Participanthipmatt – It’s not the duration of the correction that matters. It’s the magnitude. This correction is moving at warp speed compared to the early 90’s.
Participanthipmatt – It’s not the duration of the correction that matters. It’s the magnitude. This correction is moving at warp speed compared to the early 90’s.
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