Could FICO Scoring Scheme Boost Housing Market? [View article]
Thirty five years in real estate, including construction, sales, development, rehabilitation, property management, finance to purchase, lease-option, rent to own, Section 8 HUD, larger apartment rehabilitation and lease-up. Other than that, not much.
On Sep 14 08:57 AM SoCalGal wrote:
> Thomas Smicklas wrote: I believe that current scores, if followed, > are plenty liberal to validate one's propensity to pay back a debt. > > > Why do you believe this? What is your understanding of how FICO scores > work? What is your experience with evaluating FICO scores? Where > did you obtain your expertise to enable you to evaluate FICO scores?
However, over the years many scholarly studies have been proven 180 degrees wrong as to the real outcome.
Intuition tells me that too many dollars chasing too few goods plus high unemployment plus the socialization of the US economy = paying off massive debts the old fashioned way...using inflation to pay off debts and poor policy decisions.
Others, including the author, will disagree. That's what makes predictions an art and not a science.
Not much information pertaining to the tantalizing title.
I find a bit of humor, though. The politically "progressive" Cara appears to want Obama's economic policies to fail so his readers can profit from his predictions.
More Details on State-Specific Funds [View article]
ETFs gone wild. Why not just start an ETF with the states of South Dakota, Hawaii, Illinois and Texas and put up the ticker symbol which will tell investors what this concept really is?
Construct a Fixed Income Portfolio with 5%+ Dividends Using ETFs [View article]
Nice effort on this post.
Although there are more vagaries than you reported for many (if not all) of the ETFs, I like your attempt to impose risk tolerance on seemingly "safe" income oriented ETFs.
Portfolio Strategies - The Importance of Keeping It 'Relatively' Simple [View article]
I know financial advisors do not like to recommend active real estate investment. The astute, capable investor not in need of constant hand holding would be foolish not to own well placed and wisely purchased residential property for rent, rake in lots of cash and use the many writeoffs to avoid taxes, including government incentives. Avoiding taxes is Rule #1 in our present political arena.
The wind power being generated in Sacramento dwarfs anything coming out of SoCal.
On Jul 09 08:26 PM softomic wrote:
> Too bad. I drive by the wind farms in the Southern California desert > all the time and think of how great of an achievement it was to build > a renewable power plant. They are a sight to be seen www.youtube.com/watch?... > > Too bad if their ROI isn't up to snuff.
Dental Industry Braces For a Fall - Barron's [View article]
This information fills a cavity in my portfolio. I'll get a grip on this point of view and use her wisdom to extract profits, so long as I don't bite off more than I can chew.
Appraisals: The Latest Housing Battlefield Heats Up [View article]
I was alrerted by e-mail of this development by the NAR, and assume the author was as well.
Yes, indeed, the fix is in. Outside of the NEA and the Trial Lawyers, no lobby has more clout inside the beltway than the NAR.
And don't forgret Barney Frank's plea to have banks loosen up loan standards for condominiums - another landmark day in statesmanship/hypocrisy for our Democratic friends.
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Latest | Highest ratedThe Changing Role of Financial Advisers [View article]
It's not what you earn, it's what you keep.
Could FICO Scoring Scheme Boost Housing Market? [View article]
On Sep 14 08:57 AM SoCalGal wrote:
> Thomas Smicklas wrote: I believe that current scores, if followed,
> are plenty liberal to validate one's propensity to pay back a debt.
>
>
> Why do you believe this? What is your understanding of how FICO scores
> work? What is your experience with evaluating FICO scores? Where
> did you obtain your expertise to enable you to evaluate FICO scores?
There Are No Good Choices for the Fed [View article]
Thanks for joining the Seeking Alpha stable!
Deflation Looms [View article]
However, over the years many scholarly studies have been proven 180 degrees wrong as to the real outcome.
Intuition tells me that too many dollars chasing too few goods plus high unemployment plus the socialization of the US economy = paying off massive debts the old fashioned way...using inflation to pay off debts and poor policy decisions.
Others, including the author, will disagree. That's what makes predictions an art and not a science.
How Low Can the Dollar Go? [View article]
I find a bit of humor, though. The politically "progressive" Cara appears to want Obama's economic policies to fail so his readers can profit from his predictions.
Joined at the hip with "el Rushbo'?
More Details on State-Specific Funds [View article]
Construct a Fixed Income Portfolio with 5%+ Dividends Using ETFs [View article]
Although there are more vagaries than you reported for many (if not all) of the ETFs, I like your attempt to impose risk tolerance on seemingly "safe" income oriented ETFs.
Portfolio Strategies - The Importance of Keeping It 'Relatively' Simple [View article]
Good article, nonetheless!
The Best All-World ETF: ACWI vs. VT [View article]
Sometimes we forget to keep things simple.
Now, back to endorsing my rent checks!
Why Economic Dogma Threatens Our Future Prosperity [View article]
Sorry, you can't fool all the people all the time. November, 2010, can't come fast enough.
T. Boone Pickens' Epic Wind Fail [View article]
On Jul 09 08:26 PM softomic wrote:
> Too bad. I drive by the wind farms in the Southern California desert
> all the time and think of how great of an achievement it was to build
> a renewable power plant. They are a sight to be seen www.youtube.com/watch?...
>
> Too bad if their ROI isn't up to snuff.
Dental Industry Braces For a Fall - Barron's [View article]
Appraisals: The Latest Housing Battlefield Heats Up [View article]
Yes, indeed, the fix is in. Outside of the NEA and the Trial Lawyers, no lobby has more clout inside the beltway than the NAR.
And don't forgret Barney Frank's plea to have banks loosen up loan standards for condominiums - another landmark day in statesmanship/hypocrisy for our Democratic friends.
Economy-Wise, The Great Experiment Seems to Be Working [View article]
I see a light at the end of the tunnel. Unfortunately, it is an oncoming train.
Doug Casey: How to Play Interest Rates [View article]