OT Sold It!!!!!!!!!!!!

Just think of the tax write off you'd get.....

Denny

They're gay...... Real Jeeps have round eyes...

Denny

I thought you sold that place, Mac. I'm thinking of buying another place, closer to work, now that the home prices are lower and the diesel prices are higher. Mine dropped from 432 to 317, but what the hell, I'm not sellin it anyway.

FMB (North Mexico)

Last 1/4? I said I gained 9.5% APR over the past year. From Jan-Mar it did drop slightly. However, April was a VERY strong month with gains that wiped out any Jan-Mar losses. May has seen only slight gains so far. I'm with Fidelity and Vanguard.

Yep, I've been averaging 12-15% a year the past 5 years or so. This past year was below but not bad. Most that know what they're doing are just fine but the media keeps telling people how bad things are so they believe it.

I move things around a bit as market shifts. Right now I'm at the following:

My portfolio is currently inline with the Wilshire 5000 index.

Thats an entirely different matter. The housing market ballooned and was WAY over inflated for a few short years. It went through a correction. It has little to do with economic issues. Your 320K house was probably a under 200K just 3-5 years ago. Thats the way it is here in Phoenix. Current prices are just above what they were 3-5 years ago. California is a tad different with massively over inflated prices for many years. People finally cashed out, moved to cheaper states such as AZ and drove the prices up there. No way could it sustain itself. A correction was well predicted.

Exactly. Its not as bad as the media makes it out to be, and the market, despite its ups and downs, offers many opportunities to those who are skilled and plan well.

I'm going to start selling Fishers in your neck of the woods: "High-tech parking aids" and "Professional Grill Protectors".

I'm sure I'll corner the market!

Thank you for the reply Miles. I'm going to take a look at them and see what they have to offer. I am not currently thrilled with Morgan Stanely at the moment.

Nope.. We were going to give it back to the bank, but our daughter-in-law wanted it, so we added her to title and she makes the payments..

It was on the market for over 6 months until we got tired of throwing 2k a month at it and gave up.. The only offer we got was for 200k, which is like 20k less than we owe on the damn thing.

OTOH, we did pull enough out of it before things crashed to pay cash for our lots here and having the house built..

are lower and the diesel prices are

You mean adding a place, not selling yours, right? Good time to do it, if you can swing it..

mac

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Snow??

mac

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It almost never is... Used to really piss me off when I was in real estate...

If the media decides that it's a slow/bad market, it becomes one... "Perception becomes reality"

mac

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PPPPPPPPPPPPPFFFFFFFFFFFFFFFFFFTTTTTTTTTTTTTTTTTTTTTTTTTTT

so the jk is more of a jeep than my YJ??? nahhhh jeeps only have 2 doors man! i can forgive a slight mistake in one body style on the head lights but that 4 door monstrosity masquerading as a jeep..........that's a whole different story!

No but the CJ is!!

Roy

LOL

Well then, out from under one and the other is paid for. Well done, Mac.

Yeah, I'll give it a try. WTF

FMB (North Mexico)

Once again Miles, you don't seem to see the big picture. The housing bubble and its aftermath is the reason for our current bad economy which is every bit as bad as the news suggests for the majority of people, especially combined with the current commodities bubble driving up the price of just about everything while wages for many are stagnent.

Door?? Don't need no stinkin' doors..

mac

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