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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: maceng2 who wrote (25227)11/9/2002 4:28:40 PM
From: marcos  Read Replies (1) of 74559
 
Stone masonry, i liked the sound of that when i was younger, until discovering it was just about rocks and mortar and stuff, had nothing to do with ruling the world while dressed in fine and exotically designed silken robes and perusing the best of recreational pharmaceuticals ... so, not having heard at the time of the stockbroker trade that offered these perks, i became a logger ... likely an environmental cause to that, the fact of hanging out in a forest, couldn't see the stones for the trees .... over the past three or four years though, i've collected a great pile of stones, and will do my first wall next summer

Plumbers around here envy dockers, called 'longshoremen' locally .... a union you can't get into, unless your granddaddy was .... some really serious money, steady, and not a great deal of work involved, nor much time actually spent at it

Mortgages - best deal is almost always the shortest term, if you take the chance consistently it's like insuring yourself against that great 1981-like spike, and you pocket the premium .... last june though, a one-year closed deal offered the best rate by 50bp, so i took it instead of the six-month, still don't understand how they computed that or why .... at the same time where i am the mortgagee on a very similar property, the buyer offered me a whopping premium for shorter term and no pre-pay penalty, between the two it was a happy year on the interest rate front

'Going from poor to rich is OK' - or from rich place to 'poor' place, taking your stash with you ... right now there is on the market the finest little ranch on the seventeenth parallel of latitude, complete with cattle and a total lack of any wires including electrical ones [some prefer this, remember], going for about two thirds of the average price of some shack in Vancouver BC on a lot you can spit across .... fairly easy choice if you've got the boots for it, and the inclination
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