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  1. M

    The Single-Family Home Tax Shelter Myth

    Winter, Again, this was strictly a home econ exercise. I ignored quality of life since it is highly subjective and can't be quantified. You and others have suggested that living in a house implies a better quality of life, but of course that depends on your preferences and on the particular...
  2. M

    The Single-Family Home Tax Shelter Myth

    The poll results show more than 2-to-1 against owning a home strictly as a tax shelter. I'm pleasantly surprised. Perhaps some of the numbers posted here helped clarify the trade offs. I agree with Hamlet and others that a rental property may be a profitable investment. My poll was meant to...
  3. M

    The Single-Family Home Tax Shelter Myth

    Much debate about renting vs owning. Let's look at renting an apartment vs owning a house. U.S. median rent: $940 Annual rent: $11,280 From my earlier post, the total cost of owning for 30 years is $667,812. The annual cost of owning is $667,812 / 30 = $22,260. Thus, if you rent, you...
  4. M

    The Single-Family Home Tax Shelter Myth

    I thought that might come up. Here are the numbers: Average U.S home appreciation, 1987-2005: 5.36% (NAHB) U.S median home price (Mar 2006): $232,500 Home price after 30 years at 5.36% compounded: $1,113,514 But how much did the homeowner have to invest? Home cost: $232,500 Interest...
  5. M

    Prepare for $5.50 Gasoline / $.35 KWH Electricity

    Where else can our creditors invest their funny money?
  6. M

    The Single-Family Home Tax Shelter Myth

    Question: Does it pay to purchase a house for a "tax shelter"? U.S. median home price: $232,500 (Mar '06) Down payment: 20% Loan amount: $186,000 Interest rate: 6.13% (Mar '06) Term: 30-year fixed Total interest paid over 30 years: $275,609 Average annual interest paid: $9,187...
  7. M

    Oil & Gas

    Your timing estimate confirms my observation that the 'insider' concensus is consistently for a near-term peak. Whether we sustain a "hard" vs "soft" landing will be a combination of factors including enforced conservaton, economic growth, geopolitics, energy alternatives, etc. But the single...
  8. M

    Oil & Gas

    Jay, What is your insider's take on peak oil and peak gas?
  9. M

    market strong like ox!

    As opposed to Jerry and the Pacemakers.
  10. M

    Significant Reduction in Petroleum / Gasoline Prices, HOW?

    A government big enough to do things for you is big enough to do things to you.
  11. M

    Excellent Bush Speech..Excellent

    Somewhere in Texas, a village is missing its idiot.
  12. M

    Who will be the Dem candidate?

    My post wasn't about quality of life. I guess we believe what we want to believe.
  13. M

    Who will be the Dem candidate?

    Oh, boy. The powerful are too comfortable to notice the pain of the weak, and the weak lack power. As for who will be the Dem [or Repub] candidate... What matters is not who does the voting but who does the nominating. And who does the nominating is who owns the political apparatus. And that...
  14. M

    Charts

    ZZZ's below chart, http://www.elitetrader.com/vb/attachment.php?s=&postid=1043364 is a basic TA pattern called ascending triangle continuation. http://stockcharts.com/education/ChartAnalysis/triangle-Ascending.html The idea here is to buy the thing. Similar idea behind TXN. As...
  15. M

    shorting silver temporarily

    Balls of steel -- or, at least, silver.
  16. M

    $ Silver $

    Jesus! It just dropped 0.60, then shot up 0.30 within seconds. Talk about wiplash.
  17. M

    Charts

    ZZZ's charts are self explanatory for anyone with a modicum of TA knowledge. No commentary necessary. Take it or leave it.
  18. M

    Troubles with Scottrade..

    What markets and what kind of size do you trade?
  19. M

    Where can I see real time Crude oil prices ?

    http://charts.barchart.com/chart.asp?sym=CLK6&data=Z05&date=040406&den=MED&divd=Y&evnt=ADV&grid=Y&jav=ADV&size=C&sky=N&sly=Y&vol=Y&late=Y&ch1=011&arga=&argb=&argc=&ov1=&argd=&arge=&argf=&ch2=&argg=&argh=&argi=&ov2=&argj=&argk=&argl=&code=XSTKIC&org=stk
  20. M

    Economics in a few sentences

    Yes. And no.
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