Recent content by WaitingToBuyByAndBy_IHB

  1. W

    Economic Commentary

    I can't provide any evidence that the people of Orange County are too prideful to take food stamps. However, if the net income threshold for qualification is $1,984/month or less for a family of three and if the rent in OC for something with more than one bedroom is around $1400, it follows...
  2. W

    Safety of ETFs

    Hopefully, you've read the articles linked above. As one answer to your original question, you can look at a chart of FAZ. It was stellar when the financials collapsed, but starting in April of this year, it flat-lined. So the price fell from a peak of about $100/share to around $5/share...
  3. W

    My Trading Blog

    BondTrader, I took a look at your site. Thanks for sharing what you're up to.
  4. W

    My Trading Blog

    I looked up Black Vault CM in the Member List and did not see a web link. I noticed, though, he has 999 posts. So he's got to come back, if for no other reason than to make that 1,000th post!
  5. W

    NY Times interactive tool: The Jobless Rate for People Like You

    Wow. I remember being told, as a high school student, that college graduates earn more than those without a degree. That should have been enough to motivate me to get a degree, but I didn't stick with it. Looking at this chart, it is also apparent that having a college degree helps...
  6. W

    Economic Commentary

    Good luck with your job search, BondTrader. I too have appreciated your Economic Commentary.
  7. W

    In/Deflation Debate Summed Up

    Panda, You're asking if interest rates can go up while we're still in deflation. I don't have an answer, but here are some questions that may help: The Fed seems to have made it clear it will not raise rates for awhile. However, seems to me they have also made it clear once they...
  8. W

    I THINK THE MARKETS HAVE BOTTOMED!!!

    I failed to mention a number with my claim on Friday, 10-09-2009. The DJIA closed at 9864.94. The DJIA closed at 9885.80 on Monday,10-12-09 so I lose. Still, I'll be very interested to see where things go from here, especially after the bank earnings come out.
  9. W

    I THINK THE MARKETS HAVE BOTTOMED!!!

    Disclaimer: I'm a noob and a nobody. Sorry if this is off-topic. Let me know, and I'll start a new topic if that is appropriate. All that said, I want to put out a claim that the markets are now at the top! What do you guys think? Is this 7-month bear rally behavior going to continue...
  10. W

    how does the Non-performing Loan work?

    I welcome someone more knowledgeable to answer the question. In the meantime, I suggest you may have been reading about non-performing portfolios of loans. You know, securitized loans that exist as a block. Say a bank owns a tranche of loans and the majority of the loans are not...
  11. W

    Reverse Mortgage: Friend or Foe?

    As a quick follow up to an earlier post I made on this thread. The Life Estate deal my mom made with that guy was for real and not a scam. Unfortunately, the economy has been rough on this guy and he has taken a financial beating. To wit, he has backed out of the deal (which is his legal...
  12. W

    The House Trap

    This thread is in response to IrvineRenter's blog post (09-07-2009): <a href="http://www.irvinehousingblog.com/blog/comments/irvine-boulevard-northwood-irvine/">The Royle Family</a>. My comment became a little too verbose for the blog comments section. I thought making this thread might also...
  13. W

    Obama ruining the country?

    Sigh. I knew I shouldn't have browsed into the politics section. First a disclaimer: I believe in God Almighty. I've been a republican all of my adult life. At the same time, I've also grown completely disenchanted with our government. I voted for Mr. Bush (and his father). I regret voting...
  14. W

    Forget escrows, here's what prices in Irvine are doing...

    <strong>Geotpf</strong>, Data doesn't lie, but it is often misinterpreted. So you have a graph that shows price per square foot (from sold houses) showing a flat line. The question is what does it mean? You suggest it means prices have bottomed. What are some other scenarios that might...
  15. W

    I THINK THE MARKETS HAVE BOTTOMED!!!

    I'm glad you asked. It can't be good for our economy to be so dependent upon consumer spending, but the truth is, I had never before really looked at the historical numbers to see what the "normal" percentage is. So I just now went off to the Bureau of Economic Analysis and downloaded <a...
Back
Top