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Hatfield
ParticipantWow, awesome house. Well played.
ParticipantWow, awesome house. Well played.
ParticipantHmm. He really *is* from Chicago.
ParticipantHmm. He really *is* from Chicago.
ParticipantHmm. He really *is* from Chicago.
ParticipantHmm. He really *is* from Chicago.
ParticipantHmm. He really *is* from Chicago.
ParticipantHa, when I started reading this thread and saw that the bit about money in the bank earning 6% I said, whoa! Where? Then I noticed the date, lol. I lurk here frequently but don’t post that much.
I’m a former QCOMer, did really well with hoarded stock option grants, left the company a little over 5 years ago. In late 07 I started moving most of my money out of equities, so I caught the big pullback but very little of the subsequent gains. Still, my balance sheet is great, I can’t complain. My first house, a small beach cottage, was paid off years ago and is rented out. Our current home is a two-on-one with the rental from the other unit paying about half our mortgage (which is about 40% LTV). I already have a lot stashed away in gold ETFs and bullion (including 24 Krugerrands that I bought before Y2K at about 280 I think.) Have a lot in in bond funds, and quite a bit still in cash spread among several banks to stay within FDIC limits.
Looking forward, I have no clue what to do. I could pay off our current mortgage, but I had also been considering buying a small 4- to 6- unit apt complex in a decent neighborhood. I did seriously consider one on Hershel St in La Jolla but the numbers just didn’t pencil out. I like the beach areas but from what I’ve seen beach R.E. still seems overvalued. The DOW is still at 14 times earnings and the S&P’s over 17. I see little earnings growth potential near term, so I still think equities are overvalued as well.
For a while I was considering buying muni bonds near maturity and then holding them till maturity. Last time I seriously looked was about year ago. There were still some OK returns to be found, but I never proceeded. I wasn’t especially optimistic about many municipalities’ ability to pay back their obligations, and I’m not any more optimistic about that today.
Gold seems like it’s in a bubble, but then congress and Helicopter Ben are scaring the shit out of me, so maybe even at > 1300 gold’s not so crazy?
I don’t even care about growth anymore, I just want to hang on to what I have. I don’t want to get creamed when It happens, whatever It is.
What’s a Pigg to do?
ParticipantHa, when I started reading this thread and saw that the bit about money in the bank earning 6% I said, whoa! Where? Then I noticed the date, lol. I lurk here frequently but don’t post that much.
I’m a former QCOMer, did really well with hoarded stock option grants, left the company a little over 5 years ago. In late 07 I started moving most of my money out of equities, so I caught the big pullback but very little of the subsequent gains. Still, my balance sheet is great, I can’t complain. My first house, a small beach cottage, was paid off years ago and is rented out. Our current home is a two-on-one with the rental from the other unit paying about half our mortgage (which is about 40% LTV). I already have a lot stashed away in gold ETFs and bullion (including 24 Krugerrands that I bought before Y2K at about 280 I think.) Have a lot in in bond funds, and quite a bit still in cash spread among several banks to stay within FDIC limits.
Looking forward, I have no clue what to do. I could pay off our current mortgage, but I had also been considering buying a small 4- to 6- unit apt complex in a decent neighborhood. I did seriously consider one on Hershel St in La Jolla but the numbers just didn’t pencil out. I like the beach areas but from what I’ve seen beach R.E. still seems overvalued. The DOW is still at 14 times earnings and the S&P’s over 17. I see little earnings growth potential near term, so I still think equities are overvalued as well.
For a while I was considering buying muni bonds near maturity and then holding them till maturity. Last time I seriously looked was about year ago. There were still some OK returns to be found, but I never proceeded. I wasn’t especially optimistic about many municipalities’ ability to pay back their obligations, and I’m not any more optimistic about that today.
Gold seems like it’s in a bubble, but then congress and Helicopter Ben are scaring the shit out of me, so maybe even at > 1300 gold’s not so crazy?
I don’t even care about growth anymore, I just want to hang on to what I have. I don’t want to get creamed when It happens, whatever It is.
What’s a Pigg to do?
ParticipantHa, when I started reading this thread and saw that the bit about money in the bank earning 6% I said, whoa! Where? Then I noticed the date, lol. I lurk here frequently but don’t post that much.
I’m a former QCOMer, did really well with hoarded stock option grants, left the company a little over 5 years ago. In late 07 I started moving most of my money out of equities, so I caught the big pullback but very little of the subsequent gains. Still, my balance sheet is great, I can’t complain. My first house, a small beach cottage, was paid off years ago and is rented out. Our current home is a two-on-one with the rental from the other unit paying about half our mortgage (which is about 40% LTV). I already have a lot stashed away in gold ETFs and bullion (including 24 Krugerrands that I bought before Y2K at about 280 I think.) Have a lot in in bond funds, and quite a bit still in cash spread among several banks to stay within FDIC limits.
Looking forward, I have no clue what to do. I could pay off our current mortgage, but I had also been considering buying a small 4- to 6- unit apt complex in a decent neighborhood. I did seriously consider one on Hershel St in La Jolla but the numbers just didn’t pencil out. I like the beach areas but from what I’ve seen beach R.E. still seems overvalued. The DOW is still at 14 times earnings and the S&P’s over 17. I see little earnings growth potential near term, so I still think equities are overvalued as well.
For a while I was considering buying muni bonds near maturity and then holding them till maturity. Last time I seriously looked was about year ago. There were still some OK returns to be found, but I never proceeded. I wasn’t especially optimistic about many municipalities’ ability to pay back their obligations, and I’m not any more optimistic about that today.
Gold seems like it’s in a bubble, but then congress and Helicopter Ben are scaring the shit out of me, so maybe even at > 1300 gold’s not so crazy?
I don’t even care about growth anymore, I just want to hang on to what I have. I don’t want to get creamed when It happens, whatever It is.
What’s a Pigg to do?
ParticipantHa, when I started reading this thread and saw that the bit about money in the bank earning 6% I said, whoa! Where? Then I noticed the date, lol. I lurk here frequently but don’t post that much.
I’m a former QCOMer, did really well with hoarded stock option grants, left the company a little over 5 years ago. In late 07 I started moving most of my money out of equities, so I caught the big pullback but very little of the subsequent gains. Still, my balance sheet is great, I can’t complain. My first house, a small beach cottage, was paid off years ago and is rented out. Our current home is a two-on-one with the rental from the other unit paying about half our mortgage (which is about 40% LTV). I already have a lot stashed away in gold ETFs and bullion (including 24 Krugerrands that I bought before Y2K at about 280 I think.) Have a lot in in bond funds, and quite a bit still in cash spread among several banks to stay within FDIC limits.
Looking forward, I have no clue what to do. I could pay off our current mortgage, but I had also been considering buying a small 4- to 6- unit apt complex in a decent neighborhood. I did seriously consider one on Hershel St in La Jolla but the numbers just didn’t pencil out. I like the beach areas but from what I’ve seen beach R.E. still seems overvalued. The DOW is still at 14 times earnings and the S&P’s over 17. I see little earnings growth potential near term, so I still think equities are overvalued as well.
For a while I was considering buying muni bonds near maturity and then holding them till maturity. Last time I seriously looked was about year ago. There were still some OK returns to be found, but I never proceeded. I wasn’t especially optimistic about many municipalities’ ability to pay back their obligations, and I’m not any more optimistic about that today.
Gold seems like it’s in a bubble, but then congress and Helicopter Ben are scaring the shit out of me, so maybe even at > 1300 gold’s not so crazy?
I don’t even care about growth anymore, I just want to hang on to what I have. I don’t want to get creamed when It happens, whatever It is.
What’s a Pigg to do?
ParticipantHa, when I started reading this thread and saw that the bit about money in the bank earning 6% I said, whoa! Where? Then I noticed the date, lol. I lurk here frequently but don’t post that much.
I’m a former QCOMer, did really well with hoarded stock option grants, left the company a little over 5 years ago. In late 07 I started moving most of my money out of equities, so I caught the big pullback but very little of the subsequent gains. Still, my balance sheet is great, I can’t complain. My first house, a small beach cottage, was paid off years ago and is rented out. Our current home is a two-on-one with the rental from the other unit paying about half our mortgage (which is about 40% LTV). I already have a lot stashed away in gold ETFs and bullion (including 24 Krugerrands that I bought before Y2K at about 280 I think.) Have a lot in in bond funds, and quite a bit still in cash spread among several banks to stay within FDIC limits.
Looking forward, I have no clue what to do. I could pay off our current mortgage, but I had also been considering buying a small 4- to 6- unit apt complex in a decent neighborhood. I did seriously consider one on Hershel St in La Jolla but the numbers just didn’t pencil out. I like the beach areas but from what I’ve seen beach R.E. still seems overvalued. The DOW is still at 14 times earnings and the S&P’s over 17. I see little earnings growth potential near term, so I still think equities are overvalued as well.
For a while I was considering buying muni bonds near maturity and then holding them till maturity. Last time I seriously looked was about year ago. There were still some OK returns to be found, but I never proceeded. I wasn’t especially optimistic about many municipalities’ ability to pay back their obligations, and I’m not any more optimistic about that today.
Gold seems like it’s in a bubble, but then congress and Helicopter Ben are scaring the shit out of me, so maybe even at > 1300 gold’s not so crazy?
I don’t even care about growth anymore, I just want to hang on to what I have. I don’t want to get creamed when It happens, whatever It is.
What’s a Pigg to do?
Participant[quote=UCGal]It sounds like insurance will not cover the burning down of the house. And it sounds like there’s a significant risk that neighboring houses could go up in flames as well.[/quote]
I’m wondering what recourse the landlord would have in this case. Is his only course of action to pursue a (probably futile) civil suit against the tenant?
Assuming that the landlord acted reasonably and had no reasonable suspicions about his renter, I’m not sure how he could have protected himself. And what about the neighbors, if the fire spreads?
Participant[quote=UCGal]It sounds like insurance will not cover the burning down of the house. And it sounds like there’s a significant risk that neighboring houses could go up in flames as well.[/quote]
I’m wondering what recourse the landlord would have in this case. Is his only course of action to pursue a (probably futile) civil suit against the tenant?
Assuming that the landlord acted reasonably and had no reasonable suspicions about his renter, I’m not sure how he could have protected himself. And what about the neighbors, if the fire spreads?
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