[moneymaker]

I agree as well. One reason I would buy BAC however is the same reason I would have bought Ford back then, their competition is getting wiped out. The best way to succeed is to have no competition. OT I think it would be possible to have low yielding T bills and inflation at the same time, so I take back everything, just kidding. I got out of stocks a long time ago, too early but that is my achilles heal my timing is horrible.

[moneymaker]

I agree as well. One reason I would buy BAC however is the same reason I would have bought Ford back then, their competition is getting wiped out. The best way to succeed is to have no competition. OT I think it would be possible to have low yielding T bills and inflation at the same time, so I take back everything, just kidding. I got out of stocks a long time ago, too early but that is my achilles heal my timing is horrible.

[moneymaker]

I agree as well. One reason I would buy BAC however is the same reason I would have bought Ford back then, their competition is getting wiped out. The best way to succeed is to have no competition. OT I think it would be possible to have low yielding T bills and inflation at the same time, so I take back everything, just kidding. I got out of stocks a long time ago, too early but that is my achilles heal my timing is horrible.

[moneymaker]

Thanks UCGAL I see that a DEFAULT was issued on 7/5/2011 would that be a pre-foreclosure or the foreclosure itself? Just figured out that I can tell which houses are rentals based on the homeowners exemption in the tax record. It would be interesting to see what the owner occupied % is based on zip code.

[moneymaker]

Thanks UCGAL I see that a DEFAULT was issued on 7/5/2011 would that be a pre-foreclosure or the foreclosure itself? Just figured out that I can tell which houses are rentals based on the homeowners exemption in the tax record. It would be interesting to see what the owner occupied % is based on zip code.

[moneymaker]

Thanks UCGAL I see that a DEFAULT was issued on 7/5/2011 would that be a pre-foreclosure or the foreclosure itself? Just figured out that I can tell which houses are rentals based on the homeowners exemption in the tax record. It would be interesting to see what the owner occupied % is based on zip code.

[moneymaker]

Thanks UCGAL I see that a DEFAULT was issued on 7/5/2011 would that be a pre-foreclosure or the foreclosure itself? Just figured out that I can tell which houses are rentals based on the homeowners exemption in the tax record. It would be interesting to see what the owner occupied % is based on zip code.

[moneymaker]

Thanks UCGAL I see that a DEFAULT was issued on 7/5/2011 would that be a pre-foreclosure or the foreclosure itself? Just figured out that I can tell which houses are rentals based on the homeowners exemption in the tax record. It would be interesting to see what the owner occupied % is based on zip code.

[moneymaker]

[quote=flu][quote=Nor-LA-SD-GUY2]The Fed can’t implement QE3 because everyone else is buying up all the available treasuries.

China no longer wants our dollars, so we will have to start making our own stuff (the horror).

The fed has to assure (again) that they can keep interest rates exactly where they want forever because there is no limit to the amount of treasuries they can buy.

You can get a 30 year mortgage for around 4%.[/quote]

Actually, you can get a 30 year mortgage less than 4% now.

I’m seeing 15 year mortgages no fee/no cost for 3.375%[/quote]
Where would that be? I’m not doubting you ,just thinking of doing a Refi

[moneymaker]

[quote=flu][quote=Nor-LA-SD-GUY2]The Fed can’t implement QE3 because everyone else is buying up all the available treasuries.

China no longer wants our dollars, so we will have to start making our own stuff (the horror).

The fed has to assure (again) that they can keep interest rates exactly where they want forever because there is no limit to the amount of treasuries they can buy.

You can get a 30 year mortgage for around 4%.[/quote]

Actually, you can get a 30 year mortgage less than 4% now.

I’m seeing 15 year mortgages no fee/no cost for 3.375%[/quote]
Where would that be? I’m not doubting you ,just thinking of doing a Refi

[moneymaker]

[quote=flu][quote=Nor-LA-SD-GUY2]The Fed can’t implement QE3 because everyone else is buying up all the available treasuries.

China no longer wants our dollars, so we will have to start making our own stuff (the horror).

The fed has to assure (again) that they can keep interest rates exactly where they want forever because there is no limit to the amount of treasuries they can buy.

You can get a 30 year mortgage for around 4%.[/quote]

Actually, you can get a 30 year mortgage less than 4% now.

I’m seeing 15 year mortgages no fee/no cost for 3.375%[/quote]
Where would that be? I’m not doubting you ,just thinking of doing a Refi

[moneymaker]

[quote=flu][quote=Nor-LA-SD-GUY2]The Fed can’t implement QE3 because everyone else is buying up all the available treasuries.

China no longer wants our dollars, so we will have to start making our own stuff (the horror).

The fed has to assure (again) that they can keep interest rates exactly where they want forever because there is no limit to the amount of treasuries they can buy.

You can get a 30 year mortgage for around 4%.[/quote]

Actually, you can get a 30 year mortgage less than 4% now.

I’m seeing 15 year mortgages no fee/no cost for 3.375%[/quote]
Where would that be? I’m not doubting you ,just thinking of doing a Refi

[moneymaker]

[quote=flu][quote=Nor-LA-SD-GUY2]The Fed can’t implement QE3 because everyone else is buying up all the available treasuries.

China no longer wants our dollars, so we will have to start making our own stuff (the horror).

The fed has to assure (again) that they can keep interest rates exactly where they want forever because there is no limit to the amount of treasuries they can buy.

You can get a 30 year mortgage for around 4%.[/quote]

Actually, you can get a 30 year mortgage less than 4% now.

I’m seeing 15 year mortgages no fee/no cost for 3.375%[/quote]
Where would that be? I’m not doubting you ,just thinking of doing a Refi

[moneymaker]

For the DOW I’ve already picked 10,300 as a good entry point, but that was before the FED assured us that rates would not rise for another 2 years. So the main reason for getting in @ 10,300 was because of fear of inflation. Now all bets are off. Although what the fed said does stabilize the market I think it also sets the stage for people to sit out of the market longer.P.S.- I bought some aspirin today and guess what “it’s made in China”. We just started “fostering” a Pekingese so maybe we are all going to be “turning Chinese”. Seriously though the history of the Pekingese breed is pretty interesting.

[moneymaker]

For the DOW I’ve already picked 10,300 as a good entry point, but that was before the FED assured us that rates would not rise for another 2 years. So the main reason for getting in @ 10,300 was because of fear of inflation. Now all bets are off. Although what the fed said does stabilize the market I think it also sets the stage for people to sit out of the market longer.P.S.- I bought some aspirin today and guess what “it’s made in China”. We just started “fostering” a Pekingese so maybe we are all going to be “turning Chinese”. Seriously though the history of the Pekingese breed is pretty interesting.

[Author]

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