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Cheap money is inflationary. Expensive money is the opposite. When money pours into treasuries, that is seen as a vote of confidence in the us dollar. Double digit returns would definitely entice people to buy treasuries. It would take the political equivalent of a kamikaze jet...

Anybody try to do their own affordability index? I did. Don't know if my calculations/thought process are/is correct, but assuming 4% inflation; it looks to me like we are at mid 90s affordability. Assuming 3% inflation, it moves affordability parity up a couple years toward the 2000s...

Punch Bowel. Mmmmmmmmmmmm Awgee. No_KY brings up very convincing points but I think the gov't will fight rate hikes tooth and nail and in that window, gold profits will be had. Definitely speculation but hoarding dollars is an extended game of russian roulette. Goldman hires smart, rich...

I was on vacation in Conneticut and, for kicks, decided to visit a psychic. I walked in the door and what do you know - that S.O.B. Peter Schiff was standing there with his crystal ball and ouija board - that's how he does it! Copy the link and find Sept 12 3rd hour w Jim and John Part 2...

Get a new job.

The fraudsters are paying kids (young adults) $10,000 to use their name and info to be the straw buyer.

Anyone who chooses an agent by asking, "how much money are you going to give me for the privilege of my business?" is just as pathetic as the Real-a-Tors "Larry H Realtor got me 2.1 million dollars and a free hawaiian get-a-way!" The guy has a crappy job one step above a used...

Altera / Thomas flawed logic / failed economics update: "Buyers should remember that interest rates are still at very low levels and that there is not going to be a lot more depreciation in the lower ranges. Higher rates are very likely to follow any sense of stabilization in the economy...

Is it a prudent thing to do for the cost of a notary and time involved? If I got slammed with a large medical bill that insurance wouldn't cover and I couldn't afford to pay it, I would choose to not pay that bill and keep paying the mortgage. I feel most would make the choice for shelter...

This blog is the best bullshit filter around, so here goes: My buddy just bought a place and he received a letter from "Title Concepts Plus". It basically asks for $50 to file a Declaration of Homestead on his property to protect his equity (what equity?) from a judgement or lien on his...

Of course. But really? Either way you are losing!???? There has to be something better (% return) with similar risk.

When the government openly admits to 2-3% inflation as a goal, and they have incentive to understate that number, a 5% CD is break even at best. Who invests in a guaranteed loss?

Invest within 20 miles of where you live. Keep that number as low as possible. Absentee owners get walked over unless they have real good management, but that cuts into the bottom line. Make the place look nice and be very competitive with rent - you will have plenty of tenants to choose...