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joebaduba
Participantthey took it back without firing a shot
Participantthey took it back without firing a shot
Participantthey took it back without firing a shot
Participantthey took it back without firing a shot
ParticipantWhy there is no trolley line to UTC is beyond me.
ParticipantWhy there is no trolley line to UTC is beyond me.
ParticipantWhy there is no trolley line to UTC is beyond me.
October 11, 2007 at 1:16 PM in reply to: So you still think that a 50% correction or more is crazy??? #88150Participant"Instead of the next housing article featuring someone whining about how their loan officer lied to them and now they can't afford their house, I want the reporter to talk to a local cop or local teacher who has been renting- or commuting absurd distances- who is now thinks they may actually be able to buy in the community in which they work. Heck- I don't know many reporters who make enough to afford a house in San Diego. They could just interview themselves and make my point."
Reporters can't talk to any locals and they don't need to buy a house in San Diego. Or anywhere else in this country for that matter. They've been outsourced. Check out the byline and source on this article from the UT posted on Patrick
http://www.signonsandiego.com/news/business/20071009-0637-s&p-economy-global.html?ref=patrick.net
October 11, 2007 at 1:16 PM in reply to: So you still think that a 50% correction or more is crazy??? #88154Participant"Instead of the next housing article featuring someone whining about how their loan officer lied to them and now they can't afford their house, I want the reporter to talk to a local cop or local teacher who has been renting- or commuting absurd distances- who is now thinks they may actually be able to buy in the community in which they work. Heck- I don't know many reporters who make enough to afford a house in San Diego. They could just interview themselves and make my point."
Reporters can't talk to any locals and they don't need to buy a house in San Diego. Or anywhere else in this country for that matter. They've been outsourced. Check out the byline and source on this article from the UT posted on Patrick
http://www.signonsandiego.com/news/business/20071009-0637-s&p-economy-global.html?ref=patrick.net
ParticipantJust to clarify, EUROX and TREMX are not CGM family investments. I just used them as comparisons for a more risk tolerant comparison to CGMFX.
ParticipantGood call.
We’ve had our money with Dodge and Cox for many years. We are in big with the Stock Fund (closed) and International. It was a good idea to establish yourself in International before it closes too. I suggest you keep an eye on the already closed funds. They might just open up for a window of time. Low fees and steady performance are beautiful. Tax friendly as well because they don’t go crazy on the distributions. Can’t beat Dodge and Cox for the long run. Get in and stay.
I own CGM Focus through my 401k. It’s hard to tell what is going on with it at any one point in time because they use shorting strategies as well as long. But it has been kicking some serious behind for several years. My company 401k allowed me to do some crazy things with a portion of my plan a few years ago and I went in with EUROX, TREMX and CGMFX. I believed in the Eastern European story and it has worked well. But CGMFX has been beating them lately. It’s hard to tell how good it’s it’s doing unless you step back and look at the chart because on a day to day basis – it’s a wild ride. It’s called Focus because it’s usually only invested in about 30 stocks at a time – pretty small number as mutual funds go – and turnover is high. All reasons for the higher fees. But I like it for the juice it gives my portfolio.
Also, they drop some pretty heavy distributions on you at the end of the year so keep that in mind for tax purposes. Like I said, I own it through 401k so that doesn’t matter to me.
Participant"These two million mortgages, all held by homeowners with credit problems and with homes that are declining in value, are valued at $500 billion to $600 billion."
Haven't we already spent that much in Iraq just stirring up the sh*t?
ParticipantShrub is worried about his legacy. If this thing leads to a full fledged recession (or worse) in the next year as the resets roll on, that’s what will be remembered as his economic legacy. I really doubt he cares whether people lose their houses or not.
August 29, 2007 at 10:55 PM in reply to: Why is Texas dirt cheap compared to California for real estate? #82530ParticipantDallas has the most tech jobs
Yes. DFW is BIG. Lot's of Fortune 500. Soon to have the coolest stadium in NFL. Salaries are higher there too. Austin shops are smaller. But it's coming back from the dot.com bust and bigger companies are moving in and there's plenty of tech jobs there for every skill. And if it matters to you, Austin is an island of Blue in a sea of Red.
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