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moneymakerParticipant
I made my 10% on BAC and got out. Now I’m looking into exploring options. I think any large market cap stock that is “too big to fail” that is underpriced is almost always a good investment.Looking forward to BAC earnings report in the morning just for curiosity sake.
moneymakerParticipantThe chance of the market crashing in 2012 is 5% less than the chance of the big one happening here in California. You can take it with a grain of salt but I’m trying to prepare for both.I’ve got my RV, now as long as the crack isn’t more than 3 feet I figure I should be able to jump it over to the other side. Anyone know what BAC closed @ today?
moneymakerParticipantNice find! Olive oil is expensive these days. Reminds me of a guy that worked for food for less who shall remain anonymous. Said when working the night shift stocking, some things would accidently get dropped,discarded,and eventually found their way into his house. He said he could have easily lived off the amount of food discarded though it would not have been a balanced diet.
moneymakerParticipantI would like to amend my post. Find the owner using propertyshark.com write them a letter detailing the illegal drug deals going on and let them know you are sending a carbon copy to the police. That they may lose their investment if said activity continues. If the owner knows there is drug dealing going on and they do nothing about it they could be forced to forfeit their property as part of drug seizure laws. I would bet money that they will be evicting said tenants promptly.
moneymakerParticipantThe best advice I can give when shopping for a grill is to take a magnet with you. Anything that the magnet sticks to, just imagine it rusted because that’s what it will be in a couple of years. The grill I bought from Costco (don’t remember the brand) only had ferromagnetic metal in a ring going around the control knobs. So far after around 5 years that is the only part showing any signs of wear.
moneymakerParticipantI agree with DomoArigato about the Fed already buying up bonds(effectively monetizing the debt). However until they sell them we won’t see the effects of this. They are kicking the can down the road in effect. I’m not afraid of inflation as long as my company keeps me employed and gives me regular raises. I t effectively lowers my mortgage, it does however do more damage to the poorer people than to the rich. I think if the rich do not create jobs it will have to be done by the government and I hope they do it soon.
December 22, 2011 at 12:30 PM in reply to: SEC Charges Former Freddie, Fannie CEOs with Fraud #734923moneymakerParticipantWasn’t the SEC knocking on Countrywides door about 5 or 6 years ago. I vividly recall a representative of Countrywide telling me then that low income people could get a better rate than middle income people and I of course pointed out to her that that is not right/fair. Lately I’ve been paying more attention to stocks,yes I’ve crossed over to the dark side, I’m now a registered Republican.
December 19, 2011 at 9:15 PM in reply to: Recommendation needed: Best smart phone with Verizon #734830moneymakerParticipantI would also appreciate some advice about smart phones from this tech savvy group. I’m looking for a smart phone that I could take surfing/kayaking with me without fear of being ruined if it goes overboard. So essentially waterproof and a floater would be nice. Anybody know if it exists.
moneymakerParticipantWhen using the median it’s main usefulness is for throwing out extreme examples such as the one above. However when you mix two different groups together, then take a median it makes the results meaningless. I stand by my original calculation that the median price reduction in 92116 is 15.85% and not an increase of 43.9%.
December 16, 2011 at 6:15 PM in reply to: Letting owner to stay in the house after escrow closing – #734762moneymakerParticipantIf you want to increase rents by more than 10% then you have to give 60 or 90 days notice, I foget which but it is designed to protect renters.
moneymakerParticipantCome on! Can’t even get a focused pic or tell what kind of dog it is. http://www.sdlookup.com/Pictures-110061428
moneymakerParticipantOk I have it figured out now. With 10 houses and 13 condos sold in ’10 the median would be a condo. With 15 houses and 12 condos sold in ’11 the median would be a house. Hence we are saying houses cost 43.9% more in ’11 than condos cost in ’10. Hence it all boils down to “damn statistics”.
moneymakerParticipantTo be fair UT received their data from google looks like. Where did Google get it from? Perhaps it is just a combination of different typos on the same line. You know like 238k should have been 338k and 342,500 should have been 284,444
moneymakerParticipant[quote=Rich Toscano]Houses went from 10 to 15, while condos stayed the same, so if houses are significantly more expensive than condos the overall median could be up.[/quote]
I agree Rich, however houses went down as well.
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