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8 Comments
The Long Case for ThinkorSwim Group [view article]
I've been a TOS user for 18 months and a full time options trader for about 3 years. TOS is leaps and bounds better than any (other free) brokerage software, any who doubts that is neither a trader nor professional, or hasn't used it.As far as the 4%-10% a month, I know a number of people who earn that (myself included in a section of my account), but the risks are not trivial and it takes a good deal of skill, garnered from experience and training, and it takes quite a while to get to that level. Most people wonder why everyone just doesn't do that, well most people I have met in the investment arena could barely tell an option from a hole in the ground, let alone use greek to manage complex multi-leg positions. Jun 11 04:06 AM
Why Tuesday's Surprise Rate Cut Won't Cut It [view article]
How dare you ask the Fed cut rates and destroy our future. Inflation has been very high, our dollar is becoming rapidly worthless and we are turning into a Third World quickly right before our eyes. How on earth do you think they will ever be able to raise rates again? Thanks to your thinking, you have to be a multi-millionaire to survive on return on investment now. There cannot be any future with this kind of game. Jan 25 09:32 AMThe Mortgage Crisis According To Alan Greenspan [view article]
Greenspan should be imprisoned, fined, publicly defaced and then lynched. Dec 14 11:30 AMWhat Should Today's Median Housing Price Be? [view article]
I live in San Jose, CA and the housing prices here are about 100% overvalued (typically 1,400,000 for a living home and area)... A 20-25% drop would leave the prices as still heavily overvalued. From all the places I've visited around the country, 35-50% would seem more reasonable to place housing prices on par with the long term trend. Several areas went up 40% the last year, so a 20% drop is not very noticable. Dec 10 11:23 AMWhy Home Prices Are Important To the U.S. Economy [view article]
Housing is not a Tech Stock - we need to live somewhere. How do you explain to your grandchildren that they cannot live in their own home because it will take them 30 years to save a downpayment?Cheap housing should be the American Dream, not speculative profits. Or do we all need to move to Mexico? Dec 10 11:18 AM
SIV Bailout Plan: Don't Ask, Don't Sell [view article]
Would you pool money to buy a worthless asset? Sounds like a pretty bad business plan. Oct 17 10:53 AMHousing Market in Desperation [view article]
GOOD! Oct 09 12:39 PMHovnanian Enterprises: 'The Housing Market Has Bottomed' [view article]
Exactly how are real estate prices going to go up now?Either:
1) Rents will rise to equal or near the cost of owning, or
2) Income will go up to afford the newer higher prices.
Neither is happening, nor likely to happen anytime soon. Sep 17 06:53 PM