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October 3, 2009 at 9:53 AM in reply to: “10 Hard-Hit Housing Markets That Are Ready to Rebound”? #463877October 3, 2009 at 9:53 AM in reply to: “10 Hard-Hit Housing Markets That Are Ready to Rebound”? #464081
Hobie
ParticipantSan Diego has always been its own island of sorts. Camp Pendleton creates the buffer from the encroachment of the urban sprawl of the OC from merging into our little jewel by the sea.
Hope we never loose that priceless land!
ParticipantDoesn’t your last statement, “But banks like LoanMax of the rod aycox fame have achieved much mainly by doing market research even in the rural areas and by identifying the prospective customers needs.” — a free market solution — completely negate the argument for nationalization of the banks?
True enough that in times past banks and other business made business decisions to exclude rural areas due the smaller market potential. However, rural areas today are serviced well by FedEx, satellite internet, and cell service. I don’t see any imbalance of economic activity due to distant location. Banking included.
I prefer capitalist solutions over government mandates any day.
ParticipantDoesn’t your last statement, “But banks like LoanMax of the rod aycox fame have achieved much mainly by doing market research even in the rural areas and by identifying the prospective customers needs.” — a free market solution — completely negate the argument for nationalization of the banks?
True enough that in times past banks and other business made business decisions to exclude rural areas due the smaller market potential. However, rural areas today are serviced well by FedEx, satellite internet, and cell service. I don’t see any imbalance of economic activity due to distant location. Banking included.
I prefer capitalist solutions over government mandates any day.
ParticipantDoesn’t your last statement, “But banks like LoanMax of the rod aycox fame have achieved much mainly by doing market research even in the rural areas and by identifying the prospective customers needs.” — a free market solution — completely negate the argument for nationalization of the banks?
True enough that in times past banks and other business made business decisions to exclude rural areas due the smaller market potential. However, rural areas today are serviced well by FedEx, satellite internet, and cell service. I don’t see any imbalance of economic activity due to distant location. Banking included.
I prefer capitalist solutions over government mandates any day.
ParticipantDoesn’t your last statement, “But banks like LoanMax of the rod aycox fame have achieved much mainly by doing market research even in the rural areas and by identifying the prospective customers needs.” — a free market solution — completely negate the argument for nationalization of the banks?
True enough that in times past banks and other business made business decisions to exclude rural areas due the smaller market potential. However, rural areas today are serviced well by FedEx, satellite internet, and cell service. I don’t see any imbalance of economic activity due to distant location. Banking included.
I prefer capitalist solutions over government mandates any day.
ParticipantDoesn’t your last statement, “But banks like LoanMax of the rod aycox fame have achieved much mainly by doing market research even in the rural areas and by identifying the prospective customers needs.” — a free market solution — completely negate the argument for nationalization of the banks?
True enough that in times past banks and other business made business decisions to exclude rural areas due the smaller market potential. However, rural areas today are serviced well by FedEx, satellite internet, and cell service. I don’t see any imbalance of economic activity due to distant location. Banking included.
I prefer capitalist solutions over government mandates any day.
ParticipantSounds like he -owns- the home he wants to buy!
ParticipantSounds like he -owns- the home he wants to buy!
ParticipantSounds like he -owns- the home he wants to buy!
ParticipantSounds like he -owns- the home he wants to buy!
ParticipantSounds like he -owns- the home he wants to buy!
ParticipantThis is how it was explained to me by a gold salesman: Bullion should not be your entire IRA holdings. First you use non-IRA funds to buy, then you must take possession of bullion. Not coins. It’s purchase and sale are not reported by the seller to the IRS. When you sell, it is up to you to declare as ordinary income. They said that in transactions under $10k ‘no one’ reports, just cash out and done.
They don’t talk about what the bank reports when you deposit a $10k check.
Like I was saying, it makes you think. I’m with everyone else, just trying to figure out the best way to preserve my capital and bank for retirement.
ParticipantThis is how it was explained to me by a gold salesman: Bullion should not be your entire IRA holdings. First you use non-IRA funds to buy, then you must take possession of bullion. Not coins. It’s purchase and sale are not reported by the seller to the IRS. When you sell, it is up to you to declare as ordinary income. They said that in transactions under $10k ‘no one’ reports, just cash out and done.
They don’t talk about what the bank reports when you deposit a $10k check.
Like I was saying, it makes you think. I’m with everyone else, just trying to figure out the best way to preserve my capital and bank for retirement.
ParticipantThis is how it was explained to me by a gold salesman: Bullion should not be your entire IRA holdings. First you use non-IRA funds to buy, then you must take possession of bullion. Not coins. It’s purchase and sale are not reported by the seller to the IRS. When you sell, it is up to you to declare as ordinary income. They said that in transactions under $10k ‘no one’ reports, just cash out and done.
They don’t talk about what the bank reports when you deposit a $10k check.
Like I was saying, it makes you think. I’m with everyone else, just trying to figure out the best way to preserve my capital and bank for retirement.
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