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XBoxBoy
Participant[quote=moneymaker]Anybody have sophisticated software out there that predicts a bottom?[/quote]
Let me assure you that if someone does have sophisticated software that predicts market bottoms with any worthwhile degree of accuracy they are not going to share it with you or me.
Also worth mentioning, a lot of very smart people have worked very hard on trying to develop AI algos that predict market movements of more than a couple minutes away, and to the best of my knowledge all of that has been for naught so far.
There is an argument that when predicting the future your uncertainty goes up exponentially with time. This would explain why high frequency trading is possible with computers but long range trading is not. I’m not totally convinced this is true, but I’m also don’t want to bet much that it is false.
Participant[quote=flu]
So the odds are 1:292.2 million (roughly) if you pick your own numbers.But if you let the computer pick the numbers for you, aren’t you basically saying: what’s the probability of the same 6 numbers being picked twice by two independent random events (the machine that sold you the ticket and the actually lottery drawing), and hence you are doubling your odds to 1:584.4 million?
[/quote]No, it makes no difference if you pick the numbers or a random number generator picks the numbers for you. In both cases the only issue is that the numbers on your ticket match the numbers picked at the drawing. Just because the computer picked the numbers for you it’s no different then if you rolled dice, or consulted your astrological chart.
Btw… if it was a case of what are the odds that the same six numbers are picked twice by two independent random events that wouldn’t double your odds. You would multiply them. so 1:292.2 million times 1:292.2 million so around 1:85.3 billion.
Participant[quote=exsdgal]How does one buy a Powerball ticket? I know tickets can be bought at a convenience store, is there something specific to do for these tickets.[/quote]
It’s super easy. You walk into a store that sells tickets (liquor store, convenience store, wherever) plunk down $2 per ticket and they give you a chit of paper with your numbers on it.
Then after the drawing tonight you look online and see if you matched all five numbers and the power ball number.
December 31, 2015 at 3:05 PM in reply to: How will unfunded “pensions” affect the local economy? #792897Participant[quote=bearishgurl]
Move on, folks …. there’s nothing to see here.[/quote]Are you sure you didn’t speak too soon?
I have nothing intelligent to add to this back and forth on pensions, and no idea who is right, but I did notice an interesting article about how some (many?) of the changes are going to get reversed.
Participant[quote=svelte]Or I may just leave the Prez box unchecked next election, as I’ve done a few times in the past. I truly have no idea what I’ll do in a year.[/quote]
If you live in California, what you mark on your ballet will be inconsequential. The votes they actually count to determine who gets to be president, (the electoral votes) from the state of California will go to whoever the democratic nominee will be. This is so widely accepted and uncontested that whoever is the republican nominee won’t even bother to campaign in California. (Although they may make a stop or two to pick up checks from big donors)
ParticipantHere’s another weird piece to add to the whole foreign cash question…
According to CoreLogic the percent of homes purchased with all cash is falling. That might be as simple as US investors have been on a spending spree with all the foreclosures. But also it brings into question if the amount of foreign cash coming into the market is actually increasing.
There’s also a chart at the end of this article that shows California all cash purchases at 23% which is one of the lowest percentages in the country. (Looks like Washington DC is the only place lower)
All this hype about cash buyers makes me wonder if cash from foreign buyers hasn’t peaked.
December 16, 2015 at 7:03 AM in reply to: Landlord asking to be “additional insured” on renter’s policy #792583ParticipantSeems to me that what your landlord is trying to do is move his insurance costs from his policy to you. I don’t know if this is the best way to go about it, but you might get quotes for the cost of insurance, and then inform your landlord you’ll be glad to purchase the insurance if he’ll lower your rent by that amount. Thus moving the insurance cost back to him. As I said, I’m not sure this is the best way to go, but it’s certainly one possible negotiation strategy.
ParticipantI don’t really know but I suspect the Romney’s are not around much since construction is still going on at their house. Maybe they stay somewhere else though.
ParticipantI don’t know if it’s a mistake or just some really odd extenuating circumstances, but this link
http://www.sandiego.gov/empopp/pdf/saltable.pdf
shows salaries for San Diego employees. If you look at the firefighter categories, even the lowest paid firefighter (page 38) makes $3275 a month or $39,300 a year.
ParticipantGot a link? Sounds pretty unlikely that a full time firefighter only makes 26k a year.
December 10, 2015 at 11:23 AM in reply to: Need advice on finding a good RE agent to buy and mortgage lender #792429ParticipantFirst a couple of practical suggestions:
1) Find an agent who works the area you are interested. (Clairemont)
2) Go to open houses in the area you like, chat with the agent to get a feel for what they are like.
3) Create a list of possible realtors and then call them up, ask to meet with them so you can interview them. A good agent will give you a half hour, or hour of their time to talk to you before you make any commitment.
4) Shy away from any agent who wants you to sign a contract as an exclusive buyers agent.
Lastly, let me suggest that an agent that you think isn’t slimy used car salesman, might be honest and great, but maybe they are just be good at hiding it. How would you know? So… remember at all times in the real estate transaction process that it is your responsibility to watch out for your interests. Your agent will of course be looking out for their commission. When negotiating, tell your agent what they need to know to do their job, but you can keep your top price and other such things to yourself. And always remember to watch out for your interests yourself! (Did I say that already?)
Hope this helps.
Participant[quote=FlyerInHi] Aside from La Jolla, many beach communities have vagrants, homeless and drugs. They are afraid of bad influences on their kids.[/quote]
Are you implying that La Jolla does not have vagrants, homeless and drugs??? You ever been to the lot at WindAnSea??? Actually one of the things that constantly surprises me is just how much crime there is in LJ. It’s a lot higher than you would think.
ParticipantWe need a poll… Who was the most annoying pigg troll? I’m not good with names but we’ve had some real doozies on this board.
ParticipantWhile I haven’t purchased a company, I’ve started a business and grew it to 15 employees.
My biggest suggestion would be don’t go into a business that you don’t know anything about. For instance don’t open a restaurant if you’ve never worked in or run a restaurant. Every business/industry has its own special considerations and not knowing anything about the business makes success far less likely.
Second, don’t go buy any business that is sexy. For instance, creating new solar tech is sexy. Installing solar panels is not. I have a close friend that purchased a small temp personnel agency. She’s done well with it. Another friend (well probably more aquaintance) purchased a uniform supplying business and did well with it.
Also why buy a business? Why not start one? Often it’s much cheaper. Keep in mind, someone selling a business has lots of insider information and they want out. Why?
And lastly, while I can understand you don’t like working for “the man”, don’t for one minute think that running a business is the ticket to easy street. And if you’re hoping that it will be different because you’ll be in charge, let me disabuse you of that notion. You will not be in charge, your customers will be in charge.
If you get farther along, I can post a bit about pricing a business which is a whole other subject.
XboxBoy
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