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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (1565)	7/2/2014 10:17:26 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26619

Some areas of the country are ALREADY booming. Here in the Silicon Valley up to Napa in the North, housing is scarce and our roads are jammed yet they keep cramming in more high density units to "make it affordable" with sub million dollar homes 3 stories high on tiny, postage stamp lots... I'm starting to track it to see if I can get a clue when it tops... Home Prices vs API Scores Los Altos, Palo Alto, Cupertino, Saratoga, Los Gatos, Mtn View and Sunnyvale I believe they don't care about new housing being "affordable" as much as they need the tax dollars to pay the promised pensions... I told you about the new buildings near me that charge $4K a month for a 2b/2b apartment on land that used to be a Sears parking lot. Of course, we'll be hit us up for new schools and told to use even less water for all the new people they will cram in. When tech was peaking in 2011, I took some profits and moved it to REITs in my IRAs. My REIT funds were up 16 to 17.4% in the first half. One of my bets was people would be scared of buying a home after the collapse so rentals would be a good investment. Weird... I can't upload an image showing how FNSR peaked in 2011 and we're still below that price today...!

To: robert b furman who wrote (1565)	7/2/2014 10:58:52 AM
From: Jerome	Read Replies (1) \| Respond to of 26619

Hey Robert...........I've been pretty sharp about my criticism of GM. You are a good contributor to this board with some good investment ideas. So don't take my comments personally. In recent years corporate responsibility has taken a back seat to corporate greed. And its not just GM....there is a list of companies whose motto has been...."greed is good", and if it helps the bottom line all the better. Good hunting on your Alaska trip. Note... I had a Chevy blazer with well over 100,000 miles on it. No key was needed to start it. Just turn the switch. I got thinking about it, because I had to lock my vehicle every time I left it. Finally I came to the conclusion that if someone stole this Blazer they would be doing me a favor. So I stopped locking the vehicle....and the auto thieves came to the conclusion that they weren't that desperate for transportation. At 240,000 miles the vehicle got recycled.