Reiterate: Buy the dip The market keeps falling even though the fundamentals of the US economy aren’t worsening. Right now, the major indexes are close to the lows made in August during the beginning of the sell-off. (click to enlarge) The recent selling bears a strong resemblance to prior selling in 2014 and in 2011.… Continue reading Reiterate: Buy the dip
Is James Altucher Right About Never Buying a Home?
James Altucher really doesn’t like home ownership, but repeating an argument ad nauseam doesn’t make it good advice. James had a negative experience with real estate due to bad dotcom investments, in addition to 911, which forced him to sell his newly purchased expensive New York apartment at a loss, not because of New York… Continue reading Is James Altucher Right About Never Buying a Home?
In Defense of Gawker, Sort of
As awful as Gawker is, if you get rid of Gawker they, the left, will probably try (or at least make a more concerted effort) to get rid of Brietbart and other right wing media. A lot of left doesn’t like Gawker too much, either. There was an incident where Gawker management ignored trolling of… Continue reading In Defense of Gawker, Sort of
China and The Liberal War on Success
Why does the crisis-seeking left want the economy of China to fail? Simple, because: In the late 70’s, China rejected Maoism and the Cultural Revolution, becoming a ‘Communism in name only’ type country, allowing for the proliferation of thousands of successful companies, eventually becoming the second largest economy in the world, with many billionaires and… Continue reading China and The Liberal War on Success
Bailouts, Obama, and Debt
From Christopher Cant-think-well: And Then The Market Crashed Anyway He writes: You might recall that incident, when George W. Bush said he had “abandoned free market principles to save the free market system,” don’t you? Lotta good that did. Last time I checked, it may have done a lot of good. The S&P 500 has… Continue reading Bailouts, Obama, and Debt
China’s investors find safe haven in American real estate
From Yahoo finance: China’s investors find safe haven in American real estate Commercial real estate isn’t the only type of property seeing large inflows of Chinese money. The country’s investors have also been active in the residential realty. They bought $28.6 billion in American residences, accounting for 28% of all foreign purchases by dollar volume,… Continue reading China’s investors find safe haven in American real estate
Buy Stocks or Real Estate Instead of Paying Down Student Loan Debt
From Mike ‘the lawyer’ Cernovich: I currently have a relatively large mount of unpaid student loans. My student loan interest rate on the outstanding balance of the two loans is at 2.2% and 3.65%, respectively. I pay the interest only, as the difference between my student loan interest rate and market returns are substantial. (Why… Continue reading Buy Stocks or Real Estate Instead of Paying Down Student Loan Debt
Anita Sarkeesian Supports Classroom Segregation
From Michael Cernovich’s Twitter (and from his blog, Crime and Federalism): Should Classrooms Be Segregated by Race, Gender, As Anita Sarkeesian Suggests. #GamerGate http://t.co/ldYWhRGI52 pic.twitter.com/I272Q1Waqj — Mike Cernovich (@Cernovich) May 23, 2015 I’m amazed she hasn’t deleted her tweet suggesting that segregating classrooms by race and gender could improve learning. HBD-based solutions are never allowed… Continue reading Anita Sarkeesian Supports Classroom Segregation
So Much For That China Economic Crisis
Looks like I was right again about the China ‘crisis’ being a media generated crisis rather than an actual economic crisis. Tim Cook confirms that Apple’s iPhone business in China has been unscathed. This reminds me of 2011 and 2012 when the left said that Greece would cause a global economic contagion…so much for that.… Continue reading So Much For That China Economic Crisis
While Many Panicked, Japanese Day Trader Made $34 Million
While Many Panicked, Japanese Day Trader Made $34 Million But the left insists that the markets are rigged, a bubble, a scam….this is not supposed to be happening. Yet again, empirical reality keeps slapping the left across the face. The left says the market is a zero-sum game, yet people (such as the example above)… Continue reading While Many Panicked, Japanese Day Trader Made $34 Million