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<p>waiting2buylater, thanks I will look into it. Without knowing the facts, my gut feeling is that if CapitalOne charges no fee for currency conversion, then the currency exchange rate is probably worse than the real exchange rate. Other than booking for airplane tickets and hotels, I have...

<p> WINEX, I see that now. I guess I should have stayed up and watch how the market closes before I rant. </p> <p>Now let's see how far this counter rally gets. That old floor specialist form UBS puts it well "Bear market rallies are sharp and powerful, but dies with low volume." Once the...

<p>The stock market has clearly violated yesterday's low. Will Bernanke take this as a cue that he is pushing on a string here and just let the markets do what needs to be done? or that he has not done enough? I fear he is thinking the latter.</p> <p>First move: take the real fed funds rate...

Both Citi and BOA credit cards used to give me 5% cash back for gas and grocery, 1% on everything else. After about a year of charging a whole lot on these cards but never carried a balance, they each put a cap on the maximum reward of $500. After another year of the same, they lowered the...

<p>"Why can we not get this guy as our Fed chairman?"</p> <p>Yeah, I was saying the same thing when I first saw that on Bloomberg. Maybe the older (I mean really old) Europeans had taught their children well. These children are now 40-60 year old policy makers. The lessons of adding...

OK, maybe the wife is right after all. Getting the nails done is a modern day essential!

the trading bottom of '98 after LTCM, and '01 after 911. If I remebered correctly, the old VIX registered highs of 70+, perhaps equivalent of today's VIX's 50. I am guessing since I don't have the tools nor models.

(although a little different version back then) the equivalent of today's VIX got much closer to 50 during the previous major market bottom.

Just off the top of my head, I think the financials account for over half of the S&P500 earnings. The GE, IBM of the world all have large financing arms.

<p>Not picking on the boomer generation, I was only speaking in terms of general direction of the trend. Born in 1969, I am almost a young boomer.</p> <p>Every human being has a finite number of productive years. One could choose to put off retirement, others in various occupations don't...

<p>Wow, it looks like the mantra "If you can't sell whatcha wanna sell, sell whatcha can sell!" is being practice in full force, probably by leveraged professionals, levered, but still professionals.</p> <p>Although after this selling wave has exhausted itself, the market is likely to have a...

<p>It's possible that, dining out with a group of friends, has some therapeutic value to it. Would it be more telling to track none-essential indulgence spending such as business at a Nail Salon where consumer spend her/his money alone?</p> <p>The nail salon next to the Quail Hill Albertsons...

My 2 cents on the markets: Sure, the violent moves in the short term are the results collective sentiments and trading activities, nothing more. It's easy to call them over reactions. However, whenever market swings get this violent with no apparent catalyst or obvious reason ("fear of the US...

A $160,000 hit, assuming 5% commission. I am guessing the last sale was the lender taking back the property in a trustee sale, since no flipper would buy a property and try to sell it at a steep lose after only 2 months. I wonder how much did the foreclosed ex-owner pay for this house...

<p>I think many Asian drivers are inexperienced drivers. The inexperienced drivers have little confidence in their driving ability, and are likely to be more cautious, maybe scared on the freeways. </p> <p>Many Asian are either visitors/part-time residents, or new immigrants to the U.S...

<p>There are "many" 2nd gen. Asian families with $300k+ household income, but they are definitely not "typical". </p> <p>The typical 2nd gen Asian families could probably count on some (one time) financial contribution from their parents to purchase their first home, not much else is any...

<p>bkshopr,</p> <p>" Ladera did not have the strict aesthetic reviewing process like TIC"," therefore the end result is not the best". I understand and accept the first part of your statement at its face value. Your expertise shines right through, and deserves respect. However I am puzzled...