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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: St. John Smythe who wrote (50919)	6/4/2009 10:42:17 AM
From: SG	4 Recommendations Respond to of 218074

Why would you want to pay for a rental later in (hyper)inflated dollars? I paid off my mortgage now in our funny money $. I don't care if the value declines somewhat, probably not much, if at all, due to 2 miles from beach location, because I will probably die here. There's nothing, IMHO, like being able to tell people to !#$% off, rather than worry about rent increases, property being sold, snoopy visits from landlord to inspect his property, etc. JMHO. SG

To: St. John Smythe who wrote (50919)	6/4/2009 11:54:03 AM
From: energyplay	Read Replies (1) \| Respond to of 218074

Where is the house - good neighborhood, good state or ? If you are betting on inflation, buying gold / silver / energy now can be a cheaper way to pay down your mortgage later.

To: St. John Smythe who wrote (50919)	6/4/2009 8:14:10 PM
From: TobagoJack	4 Recommendations Read Replies (2) \| Respond to of 218074

i think it is dangerous to be too convinced of anything, need to remind myself occasionally, and when not reminded, simply re-learn lessons that ought to have been already coded into the chromo lattice preamble thus done, i do not own my home, my wife does, it makes her happy and keeps her quiet, and so that should my foolishness in business ever zero-state resets me, gold trading be outlawed, and/or platinum strategically confiscated or tactically borrowed by officialdoms, i should still have roof over head. bought the place at asian financial crisis low, 54% below comparable transaction price before onset of crisis, figure i would rather stare out at the ocean while progressing through a financial crisis. the peculiarities of hk mortgage mkt is such that all mortgages are theoretically callable, but definitely monthly adjustable, meaning any and all insane rate increases instigated by officialdom to, say, defend the usd/hkd currency hard peg could double/triple the next month's mortgage payment. if ever fixed rate mortgage become available, i would reconsider mortgage. the hk rental market is unfriendly to renters, and therefore makes wives of renters unhappy, and the rental ask-price goes up and down seemingly tagged to the jollies on the stock market, meaning should one's contract come due during stock market euphoria, one is out of luck and peace and pocket all at the same time. so, whereas i do believe main residence is not savings, but consumption, i also hold that it is not an asset to be lightly shorted, because should the trade go wrong, one is not only answerable to the market gods, but also to one's spouse - just imagine, day and night, night after day after night, the resulting argument starter and closer, as in "i told you not to ... and you did ... and now our kid ... " do you see what i mean :0)

To: St. John Smythe who wrote (50919)	6/5/2009 2:37:37 AM
From: elmatador	Respond to of 218074

By 1945, when the Ford Motor Co. sold Fordlandia back to the Brazilian government for $244,200, the auto company had invested $20 million in the project. They were happy to be rid of it. Amid all the excitement over the Model A, most barely noted that the Ford Motor Company had recently acquired an enormous land concession in the Amazon. Inevitably compared in size to a midranged US state, usually Connecticut but sometimes Tennessee, ” online.wsj.com This show the jungle always win. and beat man back