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October 28, 2009 at 7:09 PM in reply to: OT: What to do with all those Baby Einstein DVD videos… #475589October 28, 2009 at 7:09 PM in reply to: OT: What to do with all those Baby Einstein DVD videos… #475813
ocrenter
Participantthese are good DVDs to have. beats the stuff on TV. kid would watch 30 minutes and that’s it for the day. no commercials pushing candies and sweets.
by the way, parents are suppose to watch the video TOGETHER with the kids and go through the ABCs and the numbers and animals along with them.
TV does not equal baby sitter.
ocrenter
Participant[quote=CA renter]Bingo, ocrenter! And this is why high rates are going to hurt the housing market even more than most people expect. Rates have been artificially inflated for so long, that fixed-income investors (and others with large cash positions) are forced to get into different markets, and the housing market is one of the greatest beneficiaries of the low rates, IMHO.[/quote]
which is why we are not going to see higher rates for the foreseeable future.
every time they try, housing would start crashing, and they’ll drop the rate again.
given the choice of protecting against inflation vs housing, they’ll pick housing and let the dollar tank.
ocrenter
Participant[quote=CA renter]Bingo, ocrenter! And this is why high rates are going to hurt the housing market even more than most people expect. Rates have been artificially inflated for so long, that fixed-income investors (and others with large cash positions) are forced to get into different markets, and the housing market is one of the greatest beneficiaries of the low rates, IMHO.[/quote]
which is why we are not going to see higher rates for the foreseeable future.
every time they try, housing would start crashing, and they’ll drop the rate again.
given the choice of protecting against inflation vs housing, they’ll pick housing and let the dollar tank.
ocrenter
Participant[quote=CA renter]Bingo, ocrenter! And this is why high rates are going to hurt the housing market even more than most people expect. Rates have been artificially inflated for so long, that fixed-income investors (and others with large cash positions) are forced to get into different markets, and the housing market is one of the greatest beneficiaries of the low rates, IMHO.[/quote]
which is why we are not going to see higher rates for the foreseeable future.
every time they try, housing would start crashing, and they’ll drop the rate again.
given the choice of protecting against inflation vs housing, they’ll pick housing and let the dollar tank.
ocrenter
Participant[quote=CA renter]Bingo, ocrenter! And this is why high rates are going to hurt the housing market even more than most people expect. Rates have been artificially inflated for so long, that fixed-income investors (and others with large cash positions) are forced to get into different markets, and the housing market is one of the greatest beneficiaries of the low rates, IMHO.[/quote]
which is why we are not going to see higher rates for the foreseeable future.
every time they try, housing would start crashing, and they’ll drop the rate again.
given the choice of protecting against inflation vs housing, they’ll pick housing and let the dollar tank.
ocrenter
Participant[quote=CA renter]Bingo, ocrenter! And this is why high rates are going to hurt the housing market even more than most people expect. Rates have been artificially inflated for so long, that fixed-income investors (and others with large cash positions) are forced to get into different markets, and the housing market is one of the greatest beneficiaries of the low rates, IMHO.[/quote]
which is why we are not going to see higher rates for the foreseeable future.
every time they try, housing would start crashing, and they’ll drop the rate again.
given the choice of protecting against inflation vs housing, they’ll pick housing and let the dollar tank.
ocrenter
Participantlet’s take someone who previously had $500k of saving in CDs.
BofA High Yield CD is at 1.2%, or $6000 interest per year.
$166k buys you a 1000 sqft condo in RB or San Marcos and so on… rent is $1300/month, minus $600 for property tax and HOA and property management fee, $700/month.
split the $500k into three, and you can buy 3 of these things in cash generating $700/month, that’s $25200/year, or a 5% return on your money.
$6000 a year vs $25200 a year, seems like pretty easy math to me.
ocrenter
Participantlet’s take someone who previously had $500k of saving in CDs.
BofA High Yield CD is at 1.2%, or $6000 interest per year.
$166k buys you a 1000 sqft condo in RB or San Marcos and so on… rent is $1300/month, minus $600 for property tax and HOA and property management fee, $700/month.
split the $500k into three, and you can buy 3 of these things in cash generating $700/month, that’s $25200/year, or a 5% return on your money.
$6000 a year vs $25200 a year, seems like pretty easy math to me.
ocrenter
Participantlet’s take someone who previously had $500k of saving in CDs.
BofA High Yield CD is at 1.2%, or $6000 interest per year.
$166k buys you a 1000 sqft condo in RB or San Marcos and so on… rent is $1300/month, minus $600 for property tax and HOA and property management fee, $700/month.
split the $500k into three, and you can buy 3 of these things in cash generating $700/month, that’s $25200/year, or a 5% return on your money.
$6000 a year vs $25200 a year, seems like pretty easy math to me.
ocrenter
Participantlet’s take someone who previously had $500k of saving in CDs.
BofA High Yield CD is at 1.2%, or $6000 interest per year.
$166k buys you a 1000 sqft condo in RB or San Marcos and so on… rent is $1300/month, minus $600 for property tax and HOA and property management fee, $700/month.
split the $500k into three, and you can buy 3 of these things in cash generating $700/month, that’s $25200/year, or a 5% return on your money.
$6000 a year vs $25200 a year, seems like pretty easy math to me.
ocrenter
Participantlet’s take someone who previously had $500k of saving in CDs.
BofA High Yield CD is at 1.2%, or $6000 interest per year.
$166k buys you a 1000 sqft condo in RB or San Marcos and so on… rent is $1300/month, minus $600 for property tax and HOA and property management fee, $700/month.
split the $500k into three, and you can buy 3 of these things in cash generating $700/month, that’s $25200/year, or a 5% return on your money.
$6000 a year vs $25200 a year, seems like pretty easy math to me.
ocrenter
Participantthe post title really got my attention.
I thought someone posted up the story of a family friend currently living in 4S. they have not been paying their mortgage for the last 6 months, their loan modification fell through, and a few weeks ago the whole family went to disneyland and spent a few nights there too.
not immigrants, they are one of those lazy white people… =) j/k
ocrenter
Participantthe post title really got my attention.
I thought someone posted up the story of a family friend currently living in 4S. they have not been paying their mortgage for the last 6 months, their loan modification fell through, and a few weeks ago the whole family went to disneyland and spent a few nights there too.
not immigrants, they are one of those lazy white people… =) j/k
ocrenter
Participantthe post title really got my attention.
I thought someone posted up the story of a family friend currently living in 4S. they have not been paying their mortgage for the last 6 months, their loan modification fell through, and a few weeks ago the whole family went to disneyland and spent a few nights there too.
not immigrants, they are one of those lazy white people… =) j/k
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