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  1. peilthetraveler

    Next bubble/growth Industry?

    no more bubbles...World is going to end in 2012. The maya said so in their calendar. And they can be trusted because they built a really cool pyramid.
  2. peilthetraveler

    No equity was wiped out...it was transferred

    Dont forget to add collection of rents and interest the bank made on a 100k loan in 2000 and a 200k loan in 2005 and now an 80k loan in 2008. When you think about it, there is still some extra money left over.
  3. peilthetraveler

    My own personal FannieMae buyback program

    9.8 million shares dumped in the after hours....thats a pretty big bag to hold come monday.
  4. peilthetraveler

    No equity was wiped out...it was transferred

    I was reading this article today http://finance.yahoo.com/focus-retirement/article/105679/How-the-Housing-Crash-Hurts-Your-Retirement?mod=retirement-preparation and there was a line that said this "According to a recent report from the Center for Economic and Policy Research, a Washington...
  5. peilthetraveler

    5% - 10% profit per day trading

    So if you average 3-15% per day, and you have 4000 now, then in one year (200 trading days to be exact) if you average 10% per trading day, you will have 759 billion dollars, making you richer than the top 10 richest people in the world put together. The traders that say its hard to make that...
  6. peilthetraveler

    How come nobody gave us 710 billion dollars for 9/11?

    http://news.yahoo.com/s/ap/20080903/ap_on_go_pr_wh/us_georgia I read this today about Bush giving 1 billion dollars to Georgia for their exhausting 1 week war with Russia. Georgia revenues are only 3.6 billion per year, so in essence we are giving them 27.77% of their revenue. (Their GDP is...
  7. peilthetraveler

    Answer to economic problems = Slavery/indentured servitude?

    They would never have the problems they had if the people they loaned money to paid their debts and I'm 100% sure if there was a theat or fear of slavery if you walked away from your house, those people that did walk away would've thought twice and even come up with a solution to earn more money...
  8. peilthetraveler

    Answer to economic problems = Slavery/indentured servitude?

    Now before everyone jumps on me about 19th century brutal slavery, I'm not talking about that. I'm talking about the type of slavery that existed 2000+ years ago. A man borrows money. If he can't pay his debt, he becomes a slave and can be sold to whoever to pay off the debt. The slave is...
  9. peilthetraveler

    How does the UK do it?

    I actually agree with this statement to a degree. I do the same with my car, food, and clothes...I pay cash and its that simple...but hospitals really cheat you when you dont have health insurance. For Instance...my mother was babysitting my son when he was a baby and he had gotten a case of...
  10. peilthetraveler

    How does the UK do it?

    No, that logic doesnt work. Look at the U.K. A little over 100 years ago, they nearly ruled the world. (They controlled india, hong kong, african countries, ect...) Then they started giving up all those countries and as soon as they did, they started their universal healthcare.
  11. peilthetraveler

    How does the UK do it?

    So they spend close to 100 billion pounds (or 180 billion dollars) for free health care for all 60 million people living in UK. We have 5 times as many people so to do the same thing we need to spend 900 billion. Right now we spend about 600 billion on healthcare. So we just need another 300...
  12. peilthetraveler

    Real estate/wages & the economy

    Thats all the information i had! I actually wasnt even going to put in the 1930s, but when i saw that housing dropped 50% and wages barely dropped at all, I thought that was interesting.
  13. peilthetraveler

    Real estate/wages & the economy

    most of the data came from http://www.thepeoplehistory.com/
  14. peilthetraveler

    Lots of Jobs and Less Than $1 Per Gallon Gasoline

    I live in CA and I was seriously considering going with a NGV. I looked up other that had it and they would say how they traveled around and it cost 5 bucks to fill the tank up and all that and how they can fill their tank up at home and all that and it sounded good. Then I looked around for...
  15. peilthetraveler

    Cheap Products vs. High Wages... Americans Want BOTH!

    Eventually all these people that buy 3 dollar shirts at wal-mart will finally catch on that those shirts only last 3 washes and if they had bought a 20 dollar american made shirt that lasts 100 washes, they would be saving money.
  16. peilthetraveler

    Real estate/wages & the economy

    Here is how real estate/wages has appriciated over the last 70-80 years. ____________ R.E.__Wages 1930 to 1940 -53% -12% 1940 to 1950 +90% +70% 1950 to 1960 +67% +70% 1960 to 1970 +25% +70% 1970 to 1980 +280% +106% 1980 to 1990 +100% +55% 1990 to 2000 +11% +50%...
  17. peilthetraveler

    Cheapest place to get Corporate bonds?

    So...IGISL AM NS AP ASAP <translated> I guess I should learn as much Netspeak as possible as soon as possible.
  18. peilthetraveler

    Cheapest place to get Corporate bonds?

    Thanks. Looks like Schwab is the way to go for me. BTW, I never seen anyone use AFAIK before and I thought that the name of the brokerage was "AFAIK Schwab" lol I thought maybe it was a subdivision or something of Schwab that dealt only with bonds...then i finally Googled AFAIK and found...
  19. peilthetraveler

    Cheapest place to get Corporate bonds?

    Whats the best way to buy Corporate bonds? Im with scottrade and they charge 35 bucks + 3 dollars per bond (terrible price if you are buying for short term. E-Trade is much cheaper (1 dollar per bond, min 10$ order) BUT E-Trade has an account service fee of 40 dollars every 3 months if you...
  20. peilthetraveler

    Any of you guys ever read anything thats NOT about trading?

    Heres a pretty good story about a guy that found millions in stolen cash, then vanished. www.findzach.com
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