WOW. Again. I had written up a long follow-up post on this Federal Reserve intervention that I had planned to post yesterday, but I got hung up in meetings and couldn’t get to it. I wrote long (and eloquently, I might add) about how there was NO possible way that after their dump-and-run “liquidity injection†they could even THINK about lowering interest rates for AT LEAST the next two to three months. About how the…
Author: Dennis Fassett
I'm pleased to report that after multiple decades of hard-headed stubbornness, I've finally figured out that all work and no play makes Johnny a dull boy. So I've taken it upon myself to convert my wife and now adult(ish) kids into a roving band of merry adventurers.
From horseback riding in Monument Valley to ocean kayaking in Acadia - all of our exploits have earned the coveted "epic" label from the younguns.
I'll tell you about them - and also about the other "adventures" I'm having in my real estate investing business.
You can also find me over at DennisBuysHouses.com
The Sins of the Past
Wow. I never thought that I’d see it happen. The Federal Reserve, that mysterious, secretive, “quasi-governmental†entity that has made a regular habit of thumbing it’s nose at the general pubic and the day to day performance of the market, has succumbed. They have fallen. They have gone over to the dark side and made a wholly populist decision. And unfortunately it’s not just the Fed – it’s a number of other central banks around…
Perspective – Part II: Kudos to Wagner, Shame on Mulally
More than 50 years ago, then-General Motors President Charles Wilson reportedly said “What’s good for General Motors is good for the country”. My how things have changed. There was a time back during the dot com bubble that even AOL had a larger market value than GM, and there was even talk of GM becoming a subsidiary of Amazon.com. My point is that the automotive manufacturers no longer have the impact on the national economy…
To Hold or Not to Hold . . . . .
 This is the perpetual question, isn’t it? You have your target area and you watch it like a hawk. You know what’s available and where they all are price-wise. You pay attention to each new property that becomes available, and you strike like a ninja when you see an opportunity. Then what? Actually, if you’re an experienced investor, the question isn’t “Then what?â€, because you knew what your exit strategy was before the offer…
Perspective is in the Eye of the Beholder
Perspective is an interesting thing. It can allow two different people to look at the exact same thing at the exact same time and come up with completely different opinions. I bring this up because I just read something interesting by another writer that I’d like to share: Have you seen the latest housing market stats that were recently released? It isn’t pretty, folks, and this market is nowhere near a bottom. It’s going to…