The Economy

Do You Believe in Signs?

October 20, 2011 The Economy
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If you pay attention, just keep your eyes and ears and intuition open, there are bits of information that foretell the future.

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Real Estate vs the Stock Market

October 5, 2011 General
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In the 80′s I was a stock broker then after a few turns in the road, I became a mortgage broker. Still the age-old debate: is the stock market or real estate a better investment?

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Thomas Friedman – Economic Recovery?

September 28, 2011 The Economy
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Before my workout this morning, I was watching The Early Show on CBS. There was an interview with Tom Friedman, the New York Times foreign affairs columnist. I really like listening to Tom. He’s very clear in his explanations of

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The Story This Past Month

June 12, 2009 Mortgages

For those of you who like me are visual, I’m posting a simple graph that shows what the mortgage backed securities have done since May 12.  They hit their low point on May 14. Don’t forget, rates move inversely with the price of the security so you can see how dramatically they have shifted in [...]

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Not everyone loses

June 11, 2009 General

Ok, I admit this has nothing to do with mortgages and real estate, but all of us who tend to get caught up in how awful things are right now, could take a lesson from these giants.  It all comes from having a vision and believing in yourself.  We can all learn to rise above. [...]

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The Best Explanation I Have Ever Seen

February 23, 2009 General

I found these videos on revolutionradio.org.  Without question (and without the usual “jargon”) these are the best explanations of what has caused our current predicament that I have ever seen.  And it shows why it’s much more wide ranging than just mortgages. Sit down with a martini before viewing: Now get your second martini: As [...]

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An Old War Horse

December 16, 2008 The Economy

Who’s the Old War Horse?  Why, me, of course.  I’ve lived through so many up-swings and down-turns in the market - it’s exhausting.  In the early 80′s when I was a stockbroker, rates were in the mid to high teens.  The later 80′s saw drastic changes in the real estate depreciation laws causing a crash in [...]

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