Whatever you have heard about the death of The American Dream is absolutely erroneous. Well, as long as you aren’t American. Huh?  Yeah, the foreclosure inventory in highly desired areas is being bought up by foreign investors. And hey, it’s not all that bad. The President did tell Joe The Plumber that he thought that [...]

Oh the New York Times is at it again stating the obvious and distorting effects. There is no question that the NYT is a left leaning organization. In fact, before I get started with the facts of the matter in question, I am going to rail a bit about journalism in order to blow off [...]

Assuming you can qualify for a loan and are gainfully employed and can service said loan, ask yourself the eponymous question entitling this article. If you are making a reasonable amount of money, say enough to qualify for AMT, then your answer is simple – you should absolutely buy. Why?  Because if you don’t, you [...]

It seems that Brazilian real estate is blowing up just like US real estate did in 2007. Yeah, just like a bubble, right? You see, since a large cache of oil was found off shore in Brazilian waters and China has an insatiable appetite for Brazilian commodities, the economy in brazil is booming. So let [...]

I have always said that if you torture a number long enough, it will say whatever you want it to say. I believe that is the case with a recent study conducted by the Federal Reserve Bank of Cleveland. The study claims that foreclosed upon properties that are vacant have a lesser negative impact than [...]

I have thought it through carefully and drawn my conclusion. Economies that are highly based on services are a reflection of a highly developed sense of laziness of its people. Case in point? Two new services that are seemingly cool yet incredibly revealing of the laziness of people. They are Real Time Quotes and Build [...]

Okay, I know it sounds like I pick on the NYT.  Well, alright so it does not just sound like I am picking on them, I am picking on them. The greatest smart ass in history (Oscar Wilde) once said “Most people are other people.  Their thoughts are someone else’s opinions, their lives a mimicry, [...]

Well, I must apologize.  I am sorry that I said the NYT Real Estate section was the dumbest newspaper feature I had ever consistently read. I shall correct myself and state for the record that the NYT Home & Garden section is just as dumbly written as the Real Estate section.  So there you have [...]

If I wasn’t so offended by the stupidity of the article, I would have laughed.  Honestly. Have you ever been  at a party or a gathering of some kind where somebody offers well meaning solutions that are so stupid you realize that you are in the presence of a person who is completely out of [...]

I often wonder about financial planners.  I have met many and very few can tell me anything about fundamental analysis or technical analysis. I have never met a single one (I am not saying there isn’t one) who can explain the importance of discounted cash flow analysis and how to determine the proper discount for [...]