350Z's 2007 I Fund Thread

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good job for those who sidelined!!!! I just gave back all my gain from yesterday -1.87 plus -.06 more today. Hey, thank god, i made it yesterday to give it back today. Always look at the postive;) Overall for the week +2.40%
 
The bad thing even if I could get in the I for a - fv tonight I don't know what I would do. I'll just be glad when this mess is over and move on.
 
Rhttp://online.barrons.com/article/SB118652175657790871.html?mod=googlenews_barrons

Despite all the noise, the fallout really hasn't begun to be felt. But once old teaser rates are raised, foreclosures are certain to rise further. The pace of resets will pick up in the fall and reaches a peak early next year, just before the new primary schedule peaks.............Excellent read!! You need elephant balls not guts in this market, sorry for the strong words. http://online.barrons.com/article/SB118652175657790871.html?mod=googlenews_barrons
 
Re: Rhttp://online.barrons.com/article/SB118652175657790871.html?mod=googlenews_barro

You need elephant balls not guts in this market,
:D:D

excuse me for a sec........

elephant_toilet.jpg



Ok I'm Done!:laugh:

buda
 
There should be an UfV of -0.83% today. With today's MSCI of -1.43, the I-fund price should be down 2.26% today.
 
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Re: Rhttp://online.barrons.com/article/SB118652175657790871.html?mod=googlenews_barro

Despite all the noise, the fallout really hasn't begun to be felt. But once old teaser rates are raised, foreclosures are certain to rise further. The pace of resets will pick up in the fall and reaches a peak early next year, just before the new primary schedule peaks.............Excellent read!! You need elephant balls not guts in this market, sorry for the strong words. http://online.barrons.com/article/SB118652175657790871.html?mod=googlenews_barrons


From your article:
How will this intersection of politics and home economics play out? What candidate (other than libertarian Ron Paul, the Texas Republican) would be willing to stand up and oppose government action to ease the mortgage crisis? More importantly, will the Bernanke Fed decline to intervene until it truly is a lender of last resort?

Go, Ron Paul! :D

I really would rather ride the storm out than have the government provide another bailout. I'm tired of us depending on Uncle Sam to get us out of our own messes.
 
I hope I don't come off sounding like an idiot, but I'm holding my positions.
I'm sitting at 30G, 30F, & 40I

I bought into 30I at 23.93 and I'm hoping that will stay the bottom.
I bought into F at 11.37. I havent realized it's profits yet, and I don't want to get out of F, while the C is hammering it down.

Opinions wellcome :cool:

Lessons learned…

1. Instead of being a greedy little pig I should have cashed in to recoup some of my previous loses.

Sometimes you SHOULD follow the crowd. I guess I should have jumped into the G after all.

My only saving grace is I didn’t put all my eggs in the same basket.
 
Re: Rhttp://online.barrons.com/article/SB118652175657790871.html?mod=googlenews_barro

From your article:


Go, Ron Paul! :D

I really would rather ride the storm out than have the government provide another bailout. I'm tired of us depending on Uncle Sam to get us out of our own messes.
I also do not feel it is the government's job to bail people out who are facing foreclosure. Do not get me wrong, it sucks for those people. However;many bought homes out of there price range to keep up with the Jones. Also, screw the flippers. Just like the crash of the NASDAQ with the internet stocks, everyone including myself were talking about Pet.com,Ebay and etc. I lost over 200k. Did the governement bail me out? no(they gave me 3k a year write-off)...I took the risk and I lost.I am a big boy and took my lumps. Now, why should these flippers who got greedy get help...SCREW THEM!!! With investing, you pull the trigger and you are the killer not the gunmaker.Never blame anyone but yourself. Also please never use the words (should have) and (if)!! They are overrated!!
 
Re: Rhttp://online.barrons.com/article/SB118652175657790871.html?mod=googlenews_barro

I also do not feel it is the government's job to bail people out who are facing foreclosure. Do not get me wrong, it sucks for those people. However;many bought homes out of there price range to keep up with the Jones.


Live within your means and all will fall into place. Then again I live in South Texas so an 90 - 115k home here would be 160 - 200 in other parts of the country.

Buda
 
Re: Rhttp://online.barrons.com/article/SB118652175657790871.html?mod=googlenews_barro

Live within your means and all will fall into place. Then again I live in South Texas so an 90 - 115k home here would be 160 - 200 in other parts of the country.

Buda
Amen brother, these people make me laugh with these huge homes. The cars are never in the driveway. They are always at work to pay for them. 4-5thousand a month mortgages. Keep them. Remember a queen size bed is a queen size bed does not matter if it is in a condo or a mansion. The heating costs are higher along with everything else. I rather have a nice bank account and no debts. Screw impressing people. I rather drive a used car that looks nice and is safe then take on a huge car loan. I pay cash for everything, no debt, my Fico score is over 800. I refuse any credit cards, but I keep one just in case with no balance.
 
G 12.06 even
F 11.37 +.03 (+0.26%)
C 16.26 -.49 (-2.93%)
S 19.56 -.39 (-1.95%)
I 23.69 -.68 (-2.79%)

We have a -FV of -.33 cents.
 
Ironically, my wife and I are in the market for our first home, or townhome as the case may be.

We were pre-qualified at our credit union for a loan about $60k more than I think we can afford. Even with a quieting of the market here, prices are still high. A decent townhome here (Fairfax County, VA) is $300k minimum and I don't want to go over $330k.

Being in the market I've noticed a large amount of foreclosures. Way more than I would've expected.

People weren't thinking or budgeting...Pure and simple.
 
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