Recent content by volga

It would be great if one could predict when the market stabilizes, but by the time everyone thinks its safe to return to the market most sectors will have already have made the majority of their run up. I buy into the risk since that is when the rewards are best.

FCX is an absolute bargain at this price range. If you study the reports out there note that FCX will mine into higher grade copper and gold reserves in its Grasberg Mine next year. It has slowed down its lower grade mines where the incremental production cost are highest. Very well run mining...

I learned I am a hero when the market is up, and a coward when the market is down. I am a yellow dog coward when a "black swan" event such as the hedge fund induced panic selling of the last few months turns every stock that has liquidity on the market into a nothing more than fodder for pawn...

The bottom is most likely going to be the range we are in now, give or take 5%. The US has bought into or otherwise made all the main banks quasi-federal financial agncies. IMHO we should not expect to be able to benchmark the bottom. If you bail out now you have zero chance of recovering the...

If I had to pick a city in Texas to retire in, it would be Corpus Christi. Great fishing, great beaches nearby, very reasonable cost of living, and though hot as heck at least the gulf breeze comes in from the water. My next choice would be San Antonio, which is really the same as retiring in...

I put a maturing CD and my old position in the VG "Retirement" target fund o' funds into VPGDX (the Middle managed Payout fund with the target at 5%). For every 100 K the fund is projected to pay out @417 per month give or take. For me this is a decent way to make up a floor cash flow without...

John: Have you reviewed this option: Should You Walk Away? - Educate Yourself On Your Rights If You Face Foreclosure. Our Website Can Help You. Some one in this situation could first buy a home that is similarly lowered in value (but priced at about what you can qualify for), say in...

I have been on extended travel in both Capetown and Johannesburg (Sandtown) in the last six months. It was a great vacation. However the country is experiencing "white flight" and a general exodus of well educated professionals of "european desent", primariliy to Australia and New Zealand. The...

I would have the Mortgage Burning Party. (Just make sure you have the ceremonial ignition outdoors. It would be sad to burn down a fully paid off home.) I would invite everyone. You are to be congratulated on your emancipation from financial serfdom and you are an example to others to get...

Perhaps the WSJ is part of the Matrix? (Work, NEO, Work...)

I would rather look out for myself and my family rather than work for my previous employer. It is a derived element of selfish, in that I want the primary essence of my life, my time and choices, to accrue my side of the ledger rather than some corporations. In that sense, keeping life simple...

I took at least six nice suits to a chairity and dropped them off within my first few weeks of permanant freedom. I also went through my closets and grabed numerous breif cases and business related stuff and got rid of it all. It was a big part of my closure and transitional process. Its...

Wonder if the credit reporting agencies can be sued for negligent misrepresentation if they get it wrong on their report on you and they sell that data to a business you are attempting to transact with?

There may be some value in ignoring Austin (its too weird) and taking a look at Corpus Christi...it has a very low cost of living, decent climate and the fishing and boating are great. Corpus Christi, Texas - Wikipedia, the free encyclopedia

Heres what one needs to know: Probate Code Let's begin with what probate is: It is the presentation of a deceased person's will to the court system for official recognition and registration. The court then determines if the will is genuine so that it may be used in the administration of the...