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moneymaker
Participant2 Words that should instill fear for home lenders are “non-recourse” and “bankruptcy”. Somehow I don’t think the fees add up to a hill of beans compared to these 2 behemoths. OT- Why would the government expect the TARP money to be paid back now, when lenders are generally in it for the long haul, and why would a lender pay 10% on a government loan while at the same time give me a <5% loan. A lot of short sited people out there.
Participant2 Words that should instill fear for home lenders are “non-recourse” and “bankruptcy”. Somehow I don’t think the fees add up to a hill of beans compared to these 2 behemoths. OT- Why would the government expect the TARP money to be paid back now, when lenders are generally in it for the long haul, and why would a lender pay 10% on a government loan while at the same time give me a <5% loan. A lot of short sited people out there.
ParticipantYes, something is amiss, stocks climbing, gold not dropping, the 10 year rate bouncing like a ping pong ball. That’s why I called Vanguard this morning to see which of my investment choices was the closest thing to cash. It’s the “Federal Money Market Fund” which is going away and will henceforth be called “Prime Money Market Fund”, I guess the word Federal weakens the saleability of the fund. Anyway, didn’t move any money just becoming informed. These are definitely weird economic times we are in!
ParticipantYes, something is amiss, stocks climbing, gold not dropping, the 10 year rate bouncing like a ping pong ball. That’s why I called Vanguard this morning to see which of my investment choices was the closest thing to cash. It’s the “Federal Money Market Fund” which is going away and will henceforth be called “Prime Money Market Fund”, I guess the word Federal weakens the saleability of the fund. Anyway, didn’t move any money just becoming informed. These are definitely weird economic times we are in!
ParticipantYes, something is amiss, stocks climbing, gold not dropping, the 10 year rate bouncing like a ping pong ball. That’s why I called Vanguard this morning to see which of my investment choices was the closest thing to cash. It’s the “Federal Money Market Fund” which is going away and will henceforth be called “Prime Money Market Fund”, I guess the word Federal weakens the saleability of the fund. Anyway, didn’t move any money just becoming informed. These are definitely weird economic times we are in!
ParticipantYes, something is amiss, stocks climbing, gold not dropping, the 10 year rate bouncing like a ping pong ball. That’s why I called Vanguard this morning to see which of my investment choices was the closest thing to cash. It’s the “Federal Money Market Fund” which is going away and will henceforth be called “Prime Money Market Fund”, I guess the word Federal weakens the saleability of the fund. Anyway, didn’t move any money just becoming informed. These are definitely weird economic times we are in!
ParticipantYes, something is amiss, stocks climbing, gold not dropping, the 10 year rate bouncing like a ping pong ball. That’s why I called Vanguard this morning to see which of my investment choices was the closest thing to cash. It’s the “Federal Money Market Fund” which is going away and will henceforth be called “Prime Money Market Fund”, I guess the word Federal weakens the saleability of the fund. Anyway, didn’t move any money just becoming informed. These are definitely weird economic times we are in!
ParticipantA little off topic. I rarely go into the bank anymore with ATM’s and online access. Has come to my attention though that at the 2 institutions I do business with they have had huge turnover of personnel lately. There’s not a single person at either place that was working there a year ago. Is this a common theme for everyone else out there? Perhaps I should have started a new topic, just wondering.
ParticipantA little off topic. I rarely go into the bank anymore with ATM’s and online access. Has come to my attention though that at the 2 institutions I do business with they have had huge turnover of personnel lately. There’s not a single person at either place that was working there a year ago. Is this a common theme for everyone else out there? Perhaps I should have started a new topic, just wondering.
ParticipantA little off topic. I rarely go into the bank anymore with ATM’s and online access. Has come to my attention though that at the 2 institutions I do business with they have had huge turnover of personnel lately. There’s not a single person at either place that was working there a year ago. Is this a common theme for everyone else out there? Perhaps I should have started a new topic, just wondering.
ParticipantA little off topic. I rarely go into the bank anymore with ATM’s and online access. Has come to my attention though that at the 2 institutions I do business with they have had huge turnover of personnel lately. There’s not a single person at either place that was working there a year ago. Is this a common theme for everyone else out there? Perhaps I should have started a new topic, just wondering.
ParticipantA little off topic. I rarely go into the bank anymore with ATM’s and online access. Has come to my attention though that at the 2 institutions I do business with they have had huge turnover of personnel lately. There’s not a single person at either place that was working there a year ago. Is this a common theme for everyone else out there? Perhaps I should have started a new topic, just wondering.
ParticipantHaven’t read the article yet but just heard Ford made a 2.8 Billion profit from debt reduction. What the hell is that? Is that like saying if Ford can get investors to buy 2.8 Billion of their stock they can call that a profit. If that is the case then I think it is obvious that the stock market is just a pyramid scheme. How can you make a profit without selling product or services,creative accounting I guess. I’m not anti Ford, I own a nice F-150, and would even recommend buying their stock, it just upsets me when I hear recovery buzz words when in fact the economy is crumbling.
ParticipantHaven’t read the article yet but just heard Ford made a 2.8 Billion profit from debt reduction. What the hell is that? Is that like saying if Ford can get investors to buy 2.8 Billion of their stock they can call that a profit. If that is the case then I think it is obvious that the stock market is just a pyramid scheme. How can you make a profit without selling product or services,creative accounting I guess. I’m not anti Ford, I own a nice F-150, and would even recommend buying their stock, it just upsets me when I hear recovery buzz words when in fact the economy is crumbling.
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