Easy!
Yeah, I guess we shouldn't hold elections then?
After all, when we vote someone out, we are punishing them for not agreeing with us. I guess we should get ourselves a king or dictator, that wat the punishment will be more even handed!
AM-
I do not claim to be a guru. I also am not buying into variable rates. As a borrower, I refinanced my home to 5 1/8 fixed. As a lender, I want variable rates so I can take advantage of the upturn down the road. The economy will turn around, because it can't rain all the time.
Now as for the crystal ball comment, I am quite proud to say that I sold ALL of my Cisco stock in 1999 and put a very nice down payment on a beach house in OC, NJ. I did it not because I forsaw a drop, but because only a fool leaves all of his eggs in one basket. BTW, OC, NJ is a very hot market and the house has almost doubled in 3 years! Plus no dealing with renters, the real estate agents handle the weekly rentals which more then pay the mortgage for the year with 12 weeks of summer rentals!
Originally posted by Collegeboy
HOW CAN YOU PUNISH SOMEONE FOR BEING AGINST YOU. THAT IS UNAMERICAN, UNDEMOCRATIC, AND PLAIN WRONG.
HOW CAN YOU PUNISH SOMEONE FOR BEING AGINST YOU. THAT IS UNAMERICAN, UNDEMOCRATIC, AND PLAIN WRONG.
After all, when we vote someone out, we are punishing them for not agreeing with us. I guess we should get ourselves a king or dictator, that wat the punishment will be more even handed!
AM-
I do not claim to be a guru. I also am not buying into variable rates. As a borrower, I refinanced my home to 5 1/8 fixed. As a lender, I want variable rates so I can take advantage of the upturn down the road. The economy will turn around, because it can't rain all the time.

Now as for the crystal ball comment, I am quite proud to say that I sold ALL of my Cisco stock in 1999 and put a very nice down payment on a beach house in OC, NJ. I did it not because I forsaw a drop, but because only a fool leaves all of his eggs in one basket. BTW, OC, NJ is a very hot market and the house has almost doubled in 3 years! Plus no dealing with renters, the real estate agents handle the weekly rentals which more then pay the mortgage for the year with 12 weeks of summer rentals!




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