C’mon. Let’s all take a minute to catch our breath. There’s way too much hyperventilating going on. I myself have been torn through this process. My day job is tied directly to the automotive industry, and although my background and attitudes are firmly on the side of free-market laissez-faire economics, a part of me has secretly been pulling for the loan package to be approved. Because it would be easier. Because it would be easier.…
Panic and Uncertainty – the Twin Towers of Turbulence
Panic and uncertainty – uncertainty and panic. The twin towers of turbulence that are causing all sorts of commotion in our financial markets. Sure there are real problems. But these two mischief makers are making things a lot worse than they need to be. So much so that we are seeing interest rates approaching zero. Read on for the story. Investor fear drives US Treasury yields to near zero Dec 7 06:50 PM US/Eastern The…
Need a Better Retirement Plan? Apartment Buildings Blow Away Bonds.
I just read an article that said that treasury bill and bond rates of returns are approaching ZERO. (I’ll post it tomorrow) So it’s clear that everyone with investable funds is looking for higher returns at least in a portion of their portfolio. Residential real estate, including apartment buildings, offer those types of returns with risks that are substantially lower than the stock market. Hat tip to @Eric_Urbane and @mbrewer on Twitter for the heads…
Chinese Property Hunters to Raid US
This is an article that ran in the Financial Times yesterday. It seems that some deep pockets in China think that we’re near the bottom here, and they’re ready to jump in and start buying. I happen to agree with them. Â Chinese Property Hunters to Raid US By Geoff Dyer in Beijing Published: December 5 2008 20:10 | Last updated: December 5 2008 20:10 Chinese bargain hunters are preparing to descend on American cities…
Um – It Smells Like There’s A Dead Body In There
That’s the voicemail that I received yesterday afternoon while we were out cutting down our Christmas trees out near Holly. My intrepid resident maintenance man at my recently acquired apartment building called to tell me that a set of tenants had moved out unexpectedly and that the people across the hall were complaining about a really nasty smell coming from the unit. He didn’t have a key and he didn’t really want to go inside…
Podcamp Michigan Agenda is Published
Podcamp Michigan 1 Agenda November 8, 2008 Speaker Presentation Time Rosh Sillars www.newmediaphotographer.com Photography For Bloggers And Social Media 9:05-9:50 Hajj Flemings http://twitter.com/hajjflemings http://hajjflemings.com/ Personal Branding  10:00-10:50 Jermiah Staes http://twitter.com/digitalvision http://portagemedia.com/socialcommentary/ + Beverly Cornell, 2008 Connectech Blogger Of The Year Podcasting And Blogging As Cornerstones Of Your Total Social Media Strategy   11:00 – 12:00 Lunch Break Shannon Paul http://twitter.com/shannonpaul http://veryofficialblog.com/ The Value Of Participation In Building Your Network Through Social Media. 1:00…