Recent content by 5yrtrader

Looks like buying is beating renting over the past year http://ycharts.com/indicators/case_shiller_home_price_index_composite_20 :)

I take it you are for gay marriage? 5yr

Ok, I agree that if you plan to live somewhere for 1 year then your math and idea is correct, renting beats buying. However most people always need somewhere to live, so if you start to do the math on 5, 10, 15 or 20 years owning kills renting. You also have to factor in that housing isn't going...

That chart is inflation adjusted, so take out the adjustment and anyone that bought in 1895 and sold in 1942 would have seen the nominal value of their house rise about 10%. Factor in that if that person didn't own a house, they would have been renting all those years and the owner is way ahead...

I bought a place in Chicago last summer, my mortgage + taxes + insurance + association fees is 30 to 45% below what it would cost to rent my place. Financially, those with good credit and money to put down, buying right now is a no brainer. At least in my opinion 5yr

It sounds like you put in the best offer and haven't been filled yet. Am I missing something?

I don't think Penson is anything like MF Global. At MFG you had a CEO with a huge ego over leveraging the company's balance sheet, when the bet went against him he grabbed what ever money he could to cover margin with the counter-parties. I am 99.9% sure that there is no fraud going on at Penson...

Its small only in nominal numbers, the 30yr is actually yielding 50% more than the 10yr, its a big difference if you look at it that way. 5yr

50 cents, if entered electronically.

Texas is actually an outlier in the data set, I knew it would come up. But I would bet that it holds true with in Texas too. The nicest areas of Texas, probably have higher taxes rates than the less nice areas near to each other. I would bet money that the Turtle Creek area of Dallas has higher...

My guess is that your assumptions about what makes an economy strong are completely wrong. Hypothesis: "horrible high taxes, huge nanny state" = no industry Test: Towns with the highest tax rates, typically the most affluent. States with the highest tax rates also the ones with the biggest...

The 10 yr is a "note," bonds is referring to the the 30 yr future contract. 5 yr

The lack of response from the OP leads me to believe that he did, in fact, sell it for 12.30 and answered his own question. LOL 5yr

Hey, Just want to point out that $3 + 12.30 = $15.30. I will take that trade all day long. Thanks 5yr

What exactly is a "nig nog?" You asked this: "By what right do you hold a nation collectively responsible for the deeds of their ancestors?" And went on to illustrate that he is exactly right when you typed the paragraph above. 5yr