Jimitee's Comments Jimitee's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/265036/comments Obama Draws a Blank on How Banks Really Work http://seekingalpha.com/article/178543-obama-draws-a-blank-on-how-banks-really-work?source=feed#comment-810474 810474 Thu, 17 Dec 2009 10:31:51 -0500 How Buying a Home Is Gambling http://seekingalpha.com/article/177790-how-buying-a-home-is-gambling?source=feed#comment-803032 803032

On Dec 12 09:42 AM Duude wrote:

> Depends on quite a bit more. What about property taxes? States can
> and do alter rates at times, and its pretty much assured they aren't
> coming down from here. What about all interest paid out over the
> life of the loan? Yes, there is the benefit of a tax deduction on
> interest, but its a deduction, not a tax credit. Its still out of
> pocket expense. What about the difference with insurance? There is
> renters' insurance but you're only covering your internal possessions
> and rates are radically lower. What about maintenance? And now that
> nationwide rental rates are dropping, what about that fixed rental
> rate for life? What about Mello Roos? What about homeowners' association
> fees? This isn't to say that good timing hasn't made real estate
> profitable for many, but that's assuming the government continues
> to subsidize it by buying up all of the market's mortgage backed
> securities till hell freezes over. Unfortunately, they're already
> planning on reducing this practice in the first quarter of next year.
> Then what? Who's going to pick up the slack? Without ready buyers,
> mortgage interest rates go through the roof, and with that all home
> values deteriorate. Yeah, quite the investment.]]> Sat, 12 Dec 2009 14:07:17 -0500

On Dec 12 09:42 AM Duude wrote:

> Depends on quite a bit more. What about property taxes? States can
> and do alter rates at times, and its pretty much assured they aren't
> coming down from here. What about all interest paid out over the
> life of the loan? Yes, there is the benefit of a tax deduction on
> interest, but its a deduction, not a tax credit. Its still out of
> pocket expense. What about the difference with insurance? There is
> renters' insurance but you're only covering your internal possessions
> and rates are radically lower. What about maintenance? And now that
> nationwide rental rates are dropping, what about that fixed rental
> rate for life? What about Mello Roos? What about homeowners' association
> fees? This isn't to say that good timing hasn't made real estate
> profitable for many, but that's assuming the government continues
> to subsidize it by buying up all of the market's mortgage backed
> securities till hell freezes over. Unfortunately, they're already
> planning on reducing this practice in the first quarter of next year.
> Then what? Who's going to pick up the slack? Without ready buyers,
> mortgage interest rates go through the roof, and with that all home
> values deteriorate. Yeah, quite the investment.]]> Delcath Systems to Take on Onyx Pharma's Nexavar http://seekingalpha.com/article/82048-delcath-systems-to-take-on-onyx-pharma-s-nexavar?source=feed#comment-771351 771351 Sat, 21 Nov 2009 22:53:05 -0500 If history is any indication, Fed's Eric Rosengren says bankers should be worried more about disinflation than inflation. "Significant excess capacity in labor markets has the potential to be disinflationary at a time when the inflation rate is already below where we expect it to settle in the long run," he says. http://seekingalpha.com/news/market_currents/post/33524?source=feed#comment-700027 700027 Fri, 02 Oct 2009 11:18:48 -0400 How Investors Can Lose with Annuities and Whole Life Policies http://seekingalpha.com/article/135563-how-investors-can-lose-with-annuities-and-whole-life-policies?source=feed#comment-491825 491825 Why would you give advice on this without knowing an awful lot???
Things like statutory surplus or excess capital surplus. (Hartford as an example has over 400% of capital needed to pay annuity claims) It is shameful that your allowed to get this meaningless info on the forum. Please go and find an EXPERT on annuities for your next article.]]> Wed, 06 May 2009 10:16:18 -0400 Why would you give advice on this without knowing an awful lot???
Things like statutory surplus or excess capital surplus. (Hartford as an example has over 400% of capital needed to pay annuity claims) It is shameful that your allowed to get this meaningless info on the forum. Please go and find an EXPERT on annuities for your next article.]]> Is the Current Crisis Really as Bad as the Great Depression? http://seekingalpha.com/article/96041-is-the-current-crisis-really-as-bad-as-the-great-depression?source=feed#comment-257804 257804 Thu, 18 Sep 2008 08:24:28 -0400