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


To: TobagoJack who wrote (58293)11/24/2009 10:53:23 PM
From: Maurice Winn2 Recommendations  Respond to of 218072
 
Having spent decades avoiding holding cash other than for short periods while getting ready to do something else, it's disconcerting and ironic that I find myself now with a wallop of the stuff. Still, it's better than owing a double walloped amount of it with depreciating assets.

Rumour has it I can buy a couple of houses in Riverside and along Highway 15, and similar places for the same as one would have cost a couple of years ago. With 30 year loans at low interest rates and rents perhaps now covering mortgages it might be nearing time for a double leveraged up quadruple property buy. Or time to just wait around some more to see what will happen for a Merry Xmas and how things defrost in March.

California has yet to balance their budgets with impoverished citizens less inclined than a couple of years ago to look kindly on high and increasing property taxes. Even The Terminator can't work miracles as in the movies where any fantasy can come true and usually does.

Mqurice



To: TobagoJack who wrote (58293)11/25/2009 2:16:52 AM
From: elmatador  Respond to of 218072
 
Can a Nobel prize save SAAB? Beijing Automotive Industry Holding Co., which in September agreed to take a minority stake in the investment team set up by Koenigsegg to take over Saab, said in a statement it will “cautiously” reconsider plans to buy a stake.

ELMAT: Well, Mr. TJ, those clever guys MQ keeps mentioning here are powerless to stem the debacle that nows speeds up towards the bottom.

General Motors Co. doesn’t expect to find new bidders for Saab and may shut the bankrupt unit after Koenigsegg Group AB canceled a planned acquisition, people familiar with the matter said.
bloomberg.com

I suggest a garage sale (starting with Mediterranéé Club countries:

Line up on the lawn:
carmakers, airlines, real estate, factories and sell for the highest bidder.