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Welcome, Over50logic

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Total number of posts:42
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Joined on 11/7/2007

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Real Estate CommentsCOMMENT

Article Comment

Several are short sales.  Two are mobile homes.  Several are condos, townhouses or row houses with no garages or even a parking spot.  Some are in questionable neighborhoods.  Come on, get real.  This is not "affordable housing".  This is the fallout from the housing bust.
1/15/2013
Frugal NationCOMMENT

Do you owe your teen a car?

I bought my own 1st vehicle (an old beat-up pickup truck for $300), worked and paid my own way through college.  I did live at home through 1st 3 years of college, but was responsible for all expenses (clothes, insurance, tuition, food, gas, etc). When I got married my last year of college and moved out "on my own", my...more
11/6/2012
Latest DispatchesCOMMENT

Stocks recover after Bernanke letdown

You forgot to adjust for income and exclusions.  Pretty extreme example.
7/18/2012
Latest DispatchesCOMMENT

Stocks recover after Bernanke letdown

Importantly, the $250,000 (for individuals) and $500,000 (for married couples) capital gain exclusion on the sale of a principal residence remains in place. So, if you’re a married household that sold a house for a $500,000 gain (that’s gain, not sale proceeds), that amount remains excluded from your income calculation...more
7/18/2012
Latest DispatchesCOMMENT

Stocks recover after Bernanke letdown

While not completely false, this message does convey the erroneous impression that the Health Care Bill imposes a 3.8% sales tax on all real estate transactions. It doesn't. Here's the real scoop: Among the several new taxes and tax increases provided for in the final legislation is a 3.8% tax on investment income fo...more
7/18/2012
Top StocksCOMMENT

Is Best Buy's big-box business model dea...

Best Buy definitely needs better employees who know about their products.  I purchase a lot of items at Best Buy, and even more on-line.  A few months ago, I needed a new laptop.  I stopped at Best Buy and stood there while literally a half-dozen employees were standing around BS'ing like they were on break.  When I as...more
4/2/2012
Top StocksCOMMENT

Where do stocks go from here?

Anthony - Bravo!  I do not agree with much of what you write, but this is among your best and most insightful articles.
5/7/2010
Top StocksCOMMENT

800,000 households cut cable

We only have Comcast in our area.  We were just upgraded to "Digital Cable" and now have to use converter boxes on all our TV's (limited to 3 "free" boxes, each additional is $1.99/month), so my cable TV now costs about $50 per month.  My Comcast Internet access is another $60 per month.  Comcast is now monitoring the ...more
4/14/2010
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