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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (87293)8/27/2007 4:51:04 PM
From: PerspectiveRead Replies (8) | Respond to of 306849
 
Looking for conservative income ideas. We sold our house last week - closed Friday - all cash offer <BFG!> so the mortgage mess didn't shut down the deal. Now I'm looking for something besides just plain vanilla Tbills for the proceeds while we sit out the game of mortgage musical chairs in an apartment. I've found a few small munis here in Oregon that I'm interested in, but the only other ideas are a couple of income ETFs (anyone familiar with FMO?)

It sounds like writing hard money mortgages here might not be appropriate for my duration and risk appetite.

Other ideas anyone?

BC



To: patron_anejo_por_favor who wrote (87293)8/27/2007 6:00:22 PM
From: THRespond to of 306849
 
patron,

BEARGASM!

ROTF!

Damn, I thought I was bearish. Guy makes me look like, well goldilocks.

Hey, all that stuff that Americans have and can't pay for? I'm going to start selling to the Chinese. They want stuff.

Kudos to all the bears that are still short. You have more guts than me.

GT
TH

PS Fark Bill Miller and Stephen Kim. Poster children for Stupid Housing Bulls.


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