Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Friday, October 24, 2008

Just some fun stuff

I had to run to Obama headquarters today, to get some signs, I figure if a Black man is going to win the Presidency(Knock wood), I need a sign.

but...

Months ago I told Y'All about my buddy who purchased Yahoo after he heard it on NPR for $100. Well The Obama HQ is right near the Investment Property he picked up. Now get this, He picked it up in the 2-3Mill range, Not Alt A or SubPrime BTW. But it's.... 2 Small Apts for about $600, and one Much larger that goes for $2500 a month. That rental is a VERY EXPENSIVE unit, More expensive than buying a modest house here. But it's big and has a great location. Point being if you can afford it, you can afford a nice house.

Well He picked it up fall of 2006. I havn't talked to him.... but it's up for sale. I bet he is going to get Killed on it.

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