Forum Replies Created
-
AuthorPosts
-
peterb
ParticipantMM rocks. No doubt about it. The guy has called it from way back and he can detect BS in a heart beat. If you wanna know where the mortgage market really stands, read his blog. Great analysis!!
ParticipantMM rocks. No doubt about it. The guy has called it from way back and he can detect BS in a heart beat. If you wanna know where the mortgage market really stands, read his blog. Great analysis!!
ParticipantMM rocks. No doubt about it. The guy has called it from way back and he can detect BS in a heart beat. If you wanna know where the mortgage market really stands, read his blog. Great analysis!!
ParticipantDeflation seems to be the order of the day. I see it just about everywhere. I would normally agree that in this kind of contraction, nothing would escape its vortex. But, we are seeing a gigantic bubble of credit bursting. And this has a historical track record of valuing gold higher while most everything is dropping, which makes its real gain even greater.
Since this goes against my gut feeling, I have kept my gold allocation at 30%,(I was up to 50% in early Sept) but I will be adding to it in the coming weeks and months if it shows strength.
Until then, it’s all US$.Well, maybe a few shorts and puts….a guys gotta have a little fun.
ParticipantDeflation seems to be the order of the day. I see it just about everywhere. I would normally agree that in this kind of contraction, nothing would escape its vortex. But, we are seeing a gigantic bubble of credit bursting. And this has a historical track record of valuing gold higher while most everything is dropping, which makes its real gain even greater.
Since this goes against my gut feeling, I have kept my gold allocation at 30%,(I was up to 50% in early Sept) but I will be adding to it in the coming weeks and months if it shows strength.
Until then, it’s all US$.Well, maybe a few shorts and puts….a guys gotta have a little fun.
ParticipantDeflation seems to be the order of the day. I see it just about everywhere. I would normally agree that in this kind of contraction, nothing would escape its vortex. But, we are seeing a gigantic bubble of credit bursting. And this has a historical track record of valuing gold higher while most everything is dropping, which makes its real gain even greater.
Since this goes against my gut feeling, I have kept my gold allocation at 30%,(I was up to 50% in early Sept) but I will be adding to it in the coming weeks and months if it shows strength.
Until then, it’s all US$.Well, maybe a few shorts and puts….a guys gotta have a little fun.
ParticipantDeflation seems to be the order of the day. I see it just about everywhere. I would normally agree that in this kind of contraction, nothing would escape its vortex. But, we are seeing a gigantic bubble of credit bursting. And this has a historical track record of valuing gold higher while most everything is dropping, which makes its real gain even greater.
Since this goes against my gut feeling, I have kept my gold allocation at 30%,(I was up to 50% in early Sept) but I will be adding to it in the coming weeks and months if it shows strength.
Until then, it’s all US$.Well, maybe a few shorts and puts….a guys gotta have a little fun.
ParticipantDeflation seems to be the order of the day. I see it just about everywhere. I would normally agree that in this kind of contraction, nothing would escape its vortex. But, we are seeing a gigantic bubble of credit bursting. And this has a historical track record of valuing gold higher while most everything is dropping, which makes its real gain even greater.
Since this goes against my gut feeling, I have kept my gold allocation at 30%,(I was up to 50% in early Sept) but I will be adding to it in the coming weeks and months if it shows strength.
Until then, it’s all US$.Well, maybe a few shorts and puts….a guys gotta have a little fun.
ParticipantThe calculations look close enough. But I would caution that the risks are quite different.
Exposure to risk if purchasing:
1)Depreciation of the house.
2)Limited flexibility to relocate if needed.Given the economic climate, flexibility seems to be of paramount importants. If employment is threatened, you could rent a lower cost place or move to where a job is located. Ownership could make this very difficult.
ParticipantThe calculations look close enough. But I would caution that the risks are quite different.
Exposure to risk if purchasing:
1)Depreciation of the house.
2)Limited flexibility to relocate if needed.Given the economic climate, flexibility seems to be of paramount importants. If employment is threatened, you could rent a lower cost place or move to where a job is located. Ownership could make this very difficult.
ParticipantThe calculations look close enough. But I would caution that the risks are quite different.
Exposure to risk if purchasing:
1)Depreciation of the house.
2)Limited flexibility to relocate if needed.Given the economic climate, flexibility seems to be of paramount importants. If employment is threatened, you could rent a lower cost place or move to where a job is located. Ownership could make this very difficult.
ParticipantThe calculations look close enough. But I would caution that the risks are quite different.
Exposure to risk if purchasing:
1)Depreciation of the house.
2)Limited flexibility to relocate if needed.Given the economic climate, flexibility seems to be of paramount importants. If employment is threatened, you could rent a lower cost place or move to where a job is located. Ownership could make this very difficult.
ParticipantThe calculations look close enough. But I would caution that the risks are quite different.
Exposure to risk if purchasing:
1)Depreciation of the house.
2)Limited flexibility to relocate if needed.Given the economic climate, flexibility seems to be of paramount importants. If employment is threatened, you could rent a lower cost place or move to where a job is located. Ownership could make this very difficult.
ParticipantBe careful. I looked into it and decided against it after talking to some veterans of this type of rental. Lot’s of the people are addicts of one kind or another. At least they were when I looked into this 5 years ago. Made for some real “hands on” property management issues.
-
AuthorPosts
