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10-19-2009, 07:30 PM
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#921 (permalink) | |
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Registered User
Join Date: Jan 2007
Posts: 389
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Lotus Fury,
I've been looking at "commercial property"... what are your thoughts on the market say in the next 18 months... I'm in SoCal... You may or may not have any... so Thanks either way...  Quote:
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10-20-2009, 10:53 AM
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#922 (permalink) | |
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Blame Canada, eh?
Join Date: Apr 2003
Location: Pgh, Pa
Posts: 2,261
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Quote:
You could also look into REIT's. Real estate investment trust - Wikipedia, the free encyclopedia As with any investment do your homework on the investments the fund is making and also the people who are the managers of the fund. Fraud and Ponzi schemes are everywhere. |
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10-21-2009, 10:08 AM
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#923 (permalink) | |
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Registered User
Join Date: Jan 2007
Posts: 389
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Quote:
That about sums up my thoughts on the investment as well... an agent just dropped off a flyer about a property in foreclosure and of course it is about the best deal anyone will see for like... ever...   who know's it may be I hadn't thought about that(REIT)... thats why I love to research and ask as many questions to as many people I can about anything... even if I don't come across as "the smartest man on the internet"  Thanks for your help it is appreciated!  |
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10-23-2009, 05:04 PM
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#924 (permalink) |
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Registered User
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Jeez:
House health care bill over $1 trillion for decade - Yahoo! News Tonight as I was pulling in my driveway, I was listening to Pelosi on the radio in a news conference about the health care bill and medicare specifically. A reporter asked how much it was all going to cost, and how it was going to be paid for. Her answer was that 1 million senior citizens would be affected and that she would not answer the question about the cost or payment of same. Her words. Jeez. |
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10-23-2009, 05:22 PM
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#925 (permalink) | |
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Rotary Refugee #2
Join Date: Jul 2007
Location: Riverside, CA
Posts: 1,549
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Quote:
She also said that allowing the Bush tax cuts to expire next year is not a tax increase, but merely taking away prior tax decreases!  |
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10-23-2009, 06:46 PM
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#926 (permalink) | |
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Ex and future Lotus owner
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Quote:
It's funny, we have to cut funding to Medicare to pay for... a vastly expanded Medicare. This is the legislative equivalent of a perpetual motion machine.
__________________
the1sen: why move forward with design when you can recreate a monstrosity from the past? |
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10-23-2009, 07:09 PM
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#927 (permalink) | |
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Rotary Refugee #2
Join Date: Jul 2007
Location: Riverside, CA
Posts: 1,549
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Quote:
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10-27-2009, 11:03 AM
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#929 (permalink) | |
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Blame Canada, eh?
Join Date: Apr 2003
Location: Pgh, Pa
Posts: 2,261
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Counterpoint:
Roubini Says Carry Trades Fueling ?Huge? Asset Bubble (Update3) - Bloomberg.com Synopses - Because of the effectively zero borrowing costs in the US people are borrowing USD to invest in the carry trades. Once the interest rates start climbing up people will very quickly reverse the trend and drastically increase the value of the dollar. Quote:
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10-29-2009, 12:54 PM
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#930 (permalink) |
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Blame Canada, eh?
Join Date: Apr 2003
Location: Pgh, Pa
Posts: 2,261
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From the put your money where your mouth is files:
Options Show Protection Against Dollar Rise Most Since December - Bloomberg.com |
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11-01-2009, 02:25 PM
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#932 (permalink) |
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Blame Canada, eh?
Join Date: Apr 2003
Location: Pgh, Pa
Posts: 2,261
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Send in the clowns...
CIT Group Files for Chapter 11 Bankruptcy Protection (Update2) - Bloomberg.com |
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11-06-2009, 04:49 AM
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#933 (permalink) |
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Registered User
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AP story yesterday:
Turns out in compiling the number of 'saved' and 'created' jobs the stimulus plan can claim, they count raises as a saved job. If a company or agency received any stimulus money, they could count any job for which they gave someone a raise as a 'saved' job. And, when asked about it, the administration actually tried to defend it. I about fell out of my chair when I saw the story on MSNBC's website: Stimulus watch: Pay raise counted as saved job - Economy in Turmoil- msnbc.com Even so, a sure bet Matthews, Olberman or Maddow didn't talk about it. If this had happened in the last administration, it would be the focus of all their shows for a month. My favorite bumper sticker during the Bush years was "If You're Not Outraged, You're Not Paying Attention." Time for a second printing. Edit: This just In: Jobless rate tops 10 pct. for first time since '83 - Yahoo! News Last edited by lotusforsale : 11-06-2009 at 06:06 AM. |
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11-06-2009, 08:53 AM
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#934 (permalink) |
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Ex and future Lotus owner
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lotusforsale, Robert Reich knows better than we do. This stimulus is working so well, he thinks we need a second one. I couldn't agree more. Borrowing our way out of debt is a terrific idea.
 Nothing, from the Enron-style accounting to the unmeasurable "jobs saved/created" stat which this Administration invented, surprises me anymore, and we're less than a year in.
__________________
the1sen: why move forward with design when you can recreate a monstrosity from the past? |
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11-06-2009, 11:38 AM
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#935 (permalink) |
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J. Caesar
Join Date: Aug 2004
Location: chicagoland
Posts: 5,406
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great.
i didnt think my day could get any worse till i read this thread.
__________________
Vati. C6 ZO6. THE OBITS, YO! KEEP CRYIN! WHAA!  REDNECK = PERSON WHO LIVES IN A DUMP BUT DRIVES AN ELISE! I never played by the rules, and I never really cared My nasty reputation takes me everywhere It is admitted by all that he was much addicted to women, as well as very expensive in his intrigues with them, and that he debauched many ladies of the highest quality; among whom were Posthumia, the wife of Servius Sulpicius; and Lollia, the wife of Aulus Gabinius. |
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