Money and Finance
- Is A House Really A Good “investment”? - By Cullen Roche
The Bottom Line Don’t worry. This post isn’t intended to wreck the “american dream”. None of this analysis means that buying a house is a bad idea. You have to live somewhere and this analysis does not compare the specifics of...
- Mark Hanson's Latest On Housing
“Effective negative equity” is central to my “structurally broken housing market in need of years of de-leveraging before a “durable” bottom can occur”, theme. I have been pounding the table over “Effective” negative equity for years and...
- Loyal3 $500 Buy
In the past week I bought the following stocks in my Loyal3 account. Ticker $ invested Cost WalMart ...
- November Dividend
Hello Reader(s), Time to report my November Dividend since everybody else is doing it. DE 10.20T 13.34AAPL 1.41ARCP 12.58KMI 9.24TIS 5.25LTC 3.57CORR 15.21Total:...
- Our Financial Past
Hi Everyone, Summer is bearing down on us quickly and my fiancé and I are in for a wild ride. We have 3 weddings to attend in June, plus a graduation party. In July we have Bachelor/ette parties every weekend, August is our wedding and then...
Money and Finance
California Housing Bubble 2.0 in Pictures - By Mark Hanson
Fantastic, everybody made some good money in the past 18 months thanks to the Fed’s aggressive monetary policy — or, to be specific Twist, QE3, and QE4 — which dropped mortgage rates from 5.5% to sub 3.5% almost overnight in late 2011. This made it so everybody could instantly “afford” 20% more house. Over the next year this increase in “purchasing power” pushed house ‘prices” higher. Throw in top aggressive Wall Street and private all-cash “investors” regularly paying 10% to 20% over appraised value / list price for their buy-to-flip/rent schemes and viola’…everybody who owns a home is a lot more “wealthy” — on paper — than 18 months ago.
This note is to throw out some compelling data on where housing actually sits relative to the bubbly years. And that although it may look different, conditions may be quite similar. Greed and fear, as they relate to financial assets and decision making, are powerful emotions. When you see them driving markets, step back, breathe, have a drink, and a think.
- Is A House Really A Good “investment”? - By Cullen Roche
The Bottom Line Don’t worry. This post isn’t intended to wreck the “american dream”. None of this analysis means that buying a house is a bad idea. You have to live somewhere and this analysis does not compare the specifics of...
- Mark Hanson's Latest On Housing
“Effective negative equity” is central to my “structurally broken housing market in need of years of de-leveraging before a “durable” bottom can occur”, theme. I have been pounding the table over “Effective” negative equity for years and...
- Loyal3 $500 Buy
In the past week I bought the following stocks in my Loyal3 account. Ticker $ invested Cost WalMart ...
- November Dividend
Hello Reader(s), Time to report my November Dividend since everybody else is doing it. DE 10.20T 13.34AAPL 1.41ARCP 12.58KMI 9.24TIS 5.25LTC 3.57CORR 15.21Total:...
- Our Financial Past
Hi Everyone, Summer is bearing down on us quickly and my fiancé and I are in for a wild ride. We have 3 weddings to attend in June, plus a graduation party. In July we have Bachelor/ette parties every weekend, August is our wedding and then...