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I used to use Facebook occasionally awhile ago and I don't remember ever even seeing an advertisement. I'm always curious when they talk about Facebook (and these other sites that don't actually produce anything) who is actually looking at and using that advertising. I never bother to pay attention to it much less clic...more
Facebook has a short shelf life. They would be smart to do the IPO now amid the speculation and hype. The only way I would even consider this is to buy early and let the speculators and Cramers drive the price up and then I'd sell before everyone realized the company still wasn't making any actual earnings. This might ...more
Nice to hear that I'm not the only one Captain Gopher and MRInvestor. The one thing I do use Zillow for is to go back and look at the actual sale price for investment properties that I've made offers on. I've had 3 instances in the last year where I made aggressive cash offers and was shocked to find out that my offer ...more
Horrible, just lost whatever thread of respect I had for you Jim. Buy Apple and encourage your flock to do the same, I'm personally waiting to short the **** out of that stock. I've always liked Buffet's style and having worked with some of the oldest and wisest, they play by simple correct rules which don't change.
I'm seeing some crazy ideas on here. College is expensive but getting a degree doesn't guarantee you a job so you need to plan accordingly. I graduated in Engineering, worked part-time at 1-2 jobs 30hrs per week during the school year, worked 80-100hrs per week during the summers. Didn't take a dime from my family, no ...more
David you are absolutely correct. Landlording is a business. Do you give half of your retirement to your financial advisor because you're feeling charitable? Do you let your employer keep half of your paycheck because you've had the same job for 10 years? Lanlord,WI, sorry man but what you're doing is absolutely crazy....more
I am a real estate investor but I don't even try to manage the property. I interviewed property managers until I found a guy who is a bulldog. I give him about 7% of the rents but he's worth every penny. The biggest thing I've found that can affect cash flows is maintenance. I am much more careful when I purchase prope...more
That America is having to foot the bill for medical issues and the like for illegal immigrants is not fair to the taxpayer and should be stopped. That being said I have a hard time believing only the rich benefit from illegals. Would you consider a small farmer/rancher rich? I think most people would rather take govt. ...more
Don't feel to discouraged, everyone is currently clueless. Unless you have $5 billion to buy stock and secure a 6% dividend with the option to purchase stock later (W. Buffet) at a discount you are correct to be a little nervous about what's going on. One thing that's important to ignore is your financial advisor or ac...more
8/27/2011
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