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GoUSC
ParticipantI linked to the wrong one. Read several articles about both the portfolio size being increased and the conforming limit being increased.
ParticipantI think this “scam” should be illegal. PMI is there for a reason when you finance more then 80% of a home. Just because it isn’t all tied to the “1st” doesn’t mean the economic situation is any different.
UGH
ParticipantI think this “scam” should be illegal. PMI is there for a reason when you finance more then 80% of a home. Just because it isn’t all tied to the “1st” doesn’t mean the economic situation is any different.
UGH
ParticipantI work in shopping center development so I, for one, have something to be worried about. However, we have a good portfolio of operating centers to carry us in a down market. If need be I can cut back my hours during the lull periods, work on just entitlement projects (we have several big projects in Entitlement that will take 2+ years), and travel a bit. I have prepped for this by getting rid of all my debt and moving to investments that generate secure steady incomes.
ParticipantI work in shopping center development so I, for one, have something to be worried about. However, we have a good portfolio of operating centers to carry us in a down market. If need be I can cut back my hours during the lull periods, work on just entitlement projects (we have several big projects in Entitlement that will take 2+ years), and travel a bit. I have prepped for this by getting rid of all my debt and moving to investments that generate secure steady incomes.
ParticipantLookOutBelow,
I tell ya…I am sure enjoying my 6% returns with no risk and that nice check every month. I too am convinced the market is so manipulated it makes no sense to try and understand it. I am investing a little bit in the ProFunds short ETF’s. Just for fun with some of my play money.
ParticipantLookOutBelow,
I tell ya…I am sure enjoying my 6% returns with no risk and that nice check every month. I too am convinced the market is so manipulated it makes no sense to try and understand it. I am investing a little bit in the ProFunds short ETF’s. Just for fun with some of my play money.
ParticipantMaybe they are positioning themselves for some kind of bailout from the government? Unfortunately, the Chinese probably aren’t willing to buy more T-bills from us to finance that bailout. The past two years had made me really come to realize a couple things:
1. The market is completely irration and I will never understand it.
2. The market is setup to make a few people very very rich and screw everyone else.
3. American’s are about as stupid (financially) as you can be.
4. Business leaders can be as misleading as they want to be because no-one will hold their feet to the fire. *UNLESS* they run a company into bankruptcy.ParticipantMaybe they are positioning themselves for some kind of bailout from the government? Unfortunately, the Chinese probably aren’t willing to buy more T-bills from us to finance that bailout. The past two years had made me really come to realize a couple things:
1. The market is completely irration and I will never understand it.
2. The market is setup to make a few people very very rich and screw everyone else.
3. American’s are about as stupid (financially) as you can be.
4. Business leaders can be as misleading as they want to be because no-one will hold their feet to the fire. *UNLESS* they run a company into bankruptcy.ParticipantHis poor friends are losing their jobs….Were these the same people that got the _average_ $500,000 year-end bonus? Oh yeah, they were.
ParticipantHis poor friends are losing their jobs….Were these the same people that got the _average_ $500,000 year-end bonus? Oh yeah, they were.
ParticipantI just moved 50% of my 401k into cash equivalents. I kick myself for not shorting all the stuff I wanted to (blame it on being conservative). I will not miss jumping in full force to this market when it hits the bottom.
ParticipantI just moved 50% of my 401k into cash equivalents. I kick myself for not shorting all the stuff I wanted to (blame it on being conservative). I will not miss jumping in full force to this market when it hits the bottom.
ParticipantYea…those poor guys who made millions…oh wait BILLIONS…on the backs of stupid American’s being suckered into loans they couldn’t afford (no they aren’t innocent but there was definately a lot of fraud out there).
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