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Hey Steve, If I was working at the bank or the grocery store, I'd be reaching into my own pocket to pull out paper to put in the register so I could keep your gold. There is a Go onto e-bay and buy bulk gold coins, like the $5 gold pieces, but bid on the real common dates and in low...

"Leaping". Hmmm...How about "Rocketing", or better..."Sky Rocketing" for some serious journalistic hyperbole. For fun, I wanted to put this in perspective, so I went to the U.S. HUD site and did some cruising around trying to find historical perspective on foreclosure rates. I found that in...

For me it was more about rare coins and comics. Don't tease about the comics because if you look at the rates of returns on truly rare comics, it is eye-opening. Back in the 90's when I was young and crazy there were many times where I made several hundred flipping a single comic book. But...

Stock pile guns and bullets, and there's your position of strength. :) Hey seriously, if you want to learn negotiating skills collect something like coins, comics, baseball cards, etc., and go to shows. Then start buying, selling, and trading. Been to a lot of those shows and felt that...

I sit on both sides of the fence on this issue because I think its important to have hard assets, but I do believe in the currency. I think in a crisis, the U.S. would try to back our money by something to strengthen it. But as far as the "doomsday" scenario of a currency collapse. maybe the...

Hmmm...Ok, if the entire planet stops having kids, then what future generation are you talking about? :)

Immediate? Probably nothing. The first car would be produced in about a decade and it would be so expensive the average consumer wouldn't buy it. There are already superior technologies for automobile propulsion available now that have negligible impact on the global markets. People buy what...

Amen to that. What the heck is money for anyway if you can't enjoy it with the ones you love? Having all the money in the world and nobody who REALLY cares about you to do stuff with would be way worse than being destitute. Even Scrooge learned that lesson... SM

I like the analogy that the FED has the keys to the car and their foot on the accelerator. If that car slows down, they add more fuel. But what I really believe right now, is that the FED has purposely slowed the car down enough for the people with the Adjustable Rate Mortgages to step out of...

My issue with the USA today article is that it catered to the people who are in tight situations. Didn't talk about the people on the other side of the tables, who made money, or used the low rates to lock in multiple investment properties with sensible loan products. I don't want to sound...

If you believe the market is down across the board, then you'd sell at a loss, but buy at a discount, so it would wash out unless you significantly change the size of your house. If you think the market is going down, then you should sell right now anyway...even at a loss, and buy back when...

Not 5 or 6 years. In North Florida, its like 18 months ago and the "hole" is a shallow thing, at 3% at the worst. I'm guessing for the coastal areas, prices are like the were in 2004 because 2005 was such a boom and people hate taking a loss, but I can't verify this. Much of this has to do...

Hmmmph. $8K for a $500K home is a lotta jack. What is that..$660 a month? If they did away with the tax altogether, the average buyer could pay almost $100,000 more for a house and still make the same payment. Lotta retirees up north might think twice about buying condos down here as second...

More news from Boston... Housing Market on Mend? Source: The Boston Globe Publication date: February 28, 2007 By Kimberly Blanton, The Boston Globe Feb. 28--A sharp rise in January home sales and modest price declines indicate that the Massachusetts real estate market may be...

Housing Market to Heat Up? ; Sellers, Agents Hope Spring Sales Will Be Spectacular Advertisement Email this article Print this article Subscribe to BUILDER Subscribe to Newsletters More articles from the Breaking News section BUILDER Blocks: Week in Review 'I...

I'm telling ya. If they pass the law, and make the save our homes initiative portable, I could afford a much bigger house even if they don't drop the tax. I think it would turn around Florida completely if they do. Whats interesting to me is that they don't give much press to how investment...

It is. I remember the article. Kyosaki (not sure of spelling). This article got a lot of criticism because prior to that, he advocated a philosophy that was akin to "borrow at any cost". SM

God help those who take advice from a realtor... SM

The investment property he bought was roughly half the value of his house at the time. I assumed he bought it free and clear for $150K. If he used that money to make a 50% down payment, his money was leveraged (poorly), and he bought a $300K house. At the peak of the market, it would have...

OK, so he bought the house for $175K in 1998. Ignoring downpayments, he paid that note down about $6K, so he owes $169K. All that time, he must have lived like a grasshopper to pay it down so little...expensive cars and vacations. In 2004, he taks on another $200K to buy an investment...