Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

2023-01-12

Ali Navid's Stock Investing Without Fear

1.12: bk.care/fin/Ali Navid`Stock Investing Without Fear:

Ali Navid`Stock Investing Without Fear:

Revealing the 12-Step Process to Finding Winning Stocks

at Discounted Prices Even in Unpredictable Times 

https://amzn.to/3H2ZzAY[ad]

5-star/encouraging:

. I think he's wrong about

not needing to be smart to be an investor;

I was impressed with all there is to know,

and that he provided so much of it.

. I'm not in a position to invest right now,

but this book got me excited about it,

when I have the 6-month cash cushion in place.

 

2022-10-30

who is the aggressive investor?

 2022.10.30: bk.care/fin/T.D. Matthew 2022`Investing Strategies:

. this is a comment on the book:

T.D. Matthew 2022`Investing Strategies for Adults: 

Effective Ways of Making a Profit with Low-Risk Investments. 

Working Just 1 Hour a Day with Little or No Experience

https://amzn.to/3WgUR7X[ad]

4-star/who is the aggressive investor?:

2020-03-23

#passover 2020 we find out why people are #hoarding #inflation

20.3.23: news.pol/purges/inflation/
passover 2020 we find out why people are hoarding:
David Sidman 2020.3.19:
Israeli economist and financial journalist Rafi Farber
who predicted the 2015 Black Monday crash
now predicts on the first day of Passover (April 8)
when the US Treasury is scheduled to auction off
10-year and 30-year Treasury bonds,
interest rates to pay usa's national debt
will start to rise precipitously;
because the world can see inflation coming;
because, the Federal Reserve is printing trillions
and Congress plans to hand out $1 trillion
directly to consumers to spend while they are
told to quit work to control the pandemic.
. so there are many dollars chasing few goods,
and prices will rise to reduce shortages.
. this is why people are hoarding:
buying while the dollar still has good value.

2018-02-19

creditkarma offers free credit monitoring and tax service but unresponsive

17.11.6: web.care/fin/creditkarma/
offers free credit monitoring and tax service but unresponsive:
2018: summary:
. creditkarma services are free,
and might alert you to identity theft
but the BBB says you get what you pay for
when it comes to customer service.

2017-05-18

#wwIII #Russian tv remembers #international #bankers

5.15: news.pol/purges/wwIII/
Russian tv remembers international bankers:
. usa is on the verge of war with Russia;
and usa is the military heart of international banking;
Russian historians remember how civil war came
shortly after the Russian tzar failed to accept
a deal from an international banker.
. when talking about Rothschild's bank
it is typically seen as anti-semitic,
since Rothschild presented himself as Jewish;
but Russia's tv and historians remind us that
regardless of what ethnicity a bank owner is,
international banking can have a profound influence
on the relations and wars between nations.
. on the other hand, if you think we need
a banker's credit line to sustain a war,
you haven't been paying attention to
why the masses are so willing to fight wars.

2012-12-10

fiscal Cliff Notes

11.30: co.apt/pol/fiscal cliff notes:
. stupid idea heard from guest of Jerry Doyle's radio show :
. let's reverse things
so that our gov prints the money
and loans it to the fed bank
then we get the interest from these huge loans
instead of giving it to the fed bank .
 . that is non-sensical because,
we are the ones who are borrowing the money:
the fed bank doesn't need a loan:
we put 2 wars on a credit card;
and we bought all the empty houses from the crash,
so they wouldn't turn into meth labs .
. you could say those expenditures were
a poor use of loans,
but we did make those loans,
it wasn't decided by the fed bank .
. and why take out loans at all
when we're the richest nation on earth?
why not just raise the tax rates
if we agree to ring up the charges?!
[. actually that's how we got rich
pulling stunts like that!
when chinese loans are so cheap
and there are such good investment opportunities
(like in china and india)
the smart money borrows to invest .
. also it's politically hard to get tax rates down
once they are allowed to be high .
. when they talk about that debt,
they should keep reminding us
that the rising debt is merely from quantitative easing
where we borrow money to buy to bonds
such as those involved in houses that won't sell;
it's not like we keep paying too much for consumables
like welfare and warfare .
. uh, why don't they pull out of .af sooner?
they don't care about the fiscal cliff!
it means cut backs in spending for the Tea party
and it means raising taxes for the deficit .
. this is just a fixed boxing match
with a lot of show blows .]

2012-09-27

Greg Hunter's usawatchdog.com

7.22: news.pol/Greg Hunter's usawatchdog.com:
. his C&C show:
"( . investigative reporter Greg Hunter
. he reveals how the banking system is rife with
fraud, instability and infighting
which could collapse the entire system,
resulting in a prolonged bank holiday.)
heard on coast to coast
"( . you think that 401k is designed for you?
if the market tanks, that money stays in the banks!)
"( . buy gold? to fight the impending inflation
buy what goods you need sooner than later:
buy your car tires, some dry food! )

2010-03-28

The Big Short

3.23: news.pol/fin'reform/The Big Short:
Michael Lewis, author of
The Big Short: Inside the Doomsday Machine
says finance reform means they must be
allowed to fail
ie, by being smaller;
he listed some suggested rules that would
encourage them to seek
that smaller size .
. not being allowed to fail means
there is a strange cheating of capitalism
where the risk is absorbed by the public
while the profits remain privatized
-- leaving no incentive to be sensible .

3.23: bk.pol/fin reform/Big-Short-Inside-Doomsday-Machine/
product-reviews:

. this book got a lot of negative reviews,
but, I'm not sure if his critics
are really on the same page .

2010-03-24

amer'dreaming on the job!

3.24: news.pol/amer'dreaming on the job!

. some news bit just said the same as here:
US Sees 'Explosion' of Extremist Groups, Militias
"(The U.S. has seen an "explosion" in the number of
radical anti-government groups and armed militias
[due to] the election of the first black president
[and] the bank bailout ... .
)
. amer's are hostile about both a black pres
and the bailout ?
what do those have in common ?
. the housing and finance collapse was basically due to
unconditionally guaranteed gov't loans
-- via Fannie Mae and Freddie Mac --
and weren't those the liberal's attempt at
giving capital to the minorities ?
. this is similar to my euro-christian history apologist idea
of having the gov' buy businesses
to be handed out to blacks and natives
instead of welfare .
. owning a house would have my idea's effect only if
they lived in their car and rented their house out;
but, home ownership is still capital
that grows in value when you maintain it
--- it gives you a part-time job at
being your own landlord .
. I was wishing they would do this
without realizing they actually were!
and wow you have to be careful what you wish for,
because if it's heavy
then a sarcastic bureaucracy is likely to
drop it on your foot !

. here is a summary of wiki
showing how democrats are perceived
in the bailout picture .
Fannie_Mae
Subprime_mortgage_crisis
United_States_housing_bubble
Sales_Prices_of_New_Homes_Sold_in_United_States_1963-2008_annual.png

1938: Fannie Mae was established for New Deal:
. to make mortgages available to low-income families.
. added to the Federal Home Mortgage association,
a part of Franklin Delano Roosevelt's New Deal
in order to facilitate liquidity within the mortgage market.
1968:
. the government converted Fannie Mae
into a private shareholder-owned corporation
in order to remove its activity from the annual balance sheet
of the federal budget .
Consequently, Fannie Mae ceased to be the guarantor of
government-issued mortgages,
and that responsibility was transferred to the new
Government National Mortgage Association (Ginnie Mae).

1970: Freddie Mac created .
(Federal Home Loan Mortgage Corporation)(FHLMC),
to compete with Fannie Mae
for a robust and efficient secondary mortgage market.
HOUSES AVERAGE: $27k

1977: Carter's Community Reinvestment Act (CRA 1977)
. an affirmitive action plan for banks
giving small business loans and home mortgages
to blighted inner cities .
HOUSES AVERAGE: $54k

1999: Clinton's Fannie Mae CRA push .
. in response to the affirmitive action push,
primary mortgage markets pressed Fannie Mae
to ease credit requirements,
enabling them to make subprime loans at
higher than conventional loan interest rates .
HOUSES AVERAGE: $200k

1999: public awareness (New York Times)
"( Fannie Mae is taking on significantly more risk,
which may not pose any difficulties during
flush economic times.
But the government-subsidized corporation
may run into trouble in an economic downturn,
prompting a government rescue
similar to that of the savings and loan industry in the 1980s.)

2000: HUD's anti-predatory lending rules
. HUD disallowed risky, high-cost loans
from being credited toward affordable housing goals.

2002: Bush's "Renewing the Dream"
. the Single-Family Affordable Housing Tax Credit Act.
$2 billion in tax credits over the next five years
to develop affordable single-family housing in distressed areas.
HOUSES AVERAGE: $230k


2003: Bush's fix for Fannie Mae and Freddie Mac
. Fannie Mae's risk feared to be much larger than believed .
. Fannie Mae is prescribed outside supervision
to set capital-reserve requirements for the company
and to determine whether the company is adequately managing
the risks of its portfolios.

2003: Democratic opposition to Bush's plan:
ranking Democrat on the Financial Services Committee,
Barney Frank of Massachusetts:
"These two entities -- Fannie Mae and Freddie Mac --
are not facing any kind of financial crisis,"
"The more people exaggerate these problems,
the more pressure there is on these companies,
the less we will see in terms of affordable housing."

2003: Bush's American Dream Downpayment Act
. a new program that provided grants to help home buyers with
downpayment and closing costs.
The act authorized $200 million dollars per year
for the program for fiscal years 2004-2007.
. also tripled the funding for Habitat for Humanity's
that help families help themselves become homeowners
through 'sweat equity' and volunteerism in their communities.
Substantially increasing, by at least $440 billion,
the financial commitment made by the government-sponsored enterprises
involved in the secondary mortgage market
specifically targeted toward the minority market.

2004: layered-risk loans race
[. high-risk loans were allowed again
with the intention that high risk actors
be given affordable terms .
. instead, house loans layered the risk:
their payments would remain affordable
only if multiple factors remained positive:
interest rates had to remain low,
and unemployment had to remain low .
. because these loans couldn't be covered by Fannie Mae,
the banks bundled the loans into products
that would be sold as high interest bonds .]

2004: Alan Greenspan warns of market conspiracy
. the markets appear to believe that the U.S. Government
would never allow Fannie Mae (or Freddie Mac) to fail .
HOUSES AVERAGE: $274k

2005: public awareness of "layered-risk" lending .
Alan Greenspan praised the rise of the sub-prime mortgage industry
and the tools which it uses to assess credit-worthiness .
HOUSES AVERAGE: $297k

2005: Federal Housing Enterprise Regulatory Reform Act (S.190)
2005: Federal Housing Finance Reform Act (H.R. 1461)
. an effort to reform the existing GSE regulatory structure
in light of the recent accounting problems
and questionable management actions
leading to considerable income restatements by the GSE's.
After being reported favorably by the Senate's
Committee on Banking, Housing, and Urban Affairs in July 2005,
the bill was never considered by the full Senate for a vote.[18]
. The House Financial Services Committee had crafted changes
and produced a Committee Report;
it was passed by the House in spite of opposition by
Democrats, Bush, and other Republicans;
and the Senate ignored it .
2006: Sen. McCain's becomes a cosponsor of S.190
. Fannie Mae's regulator reported that profits were
"illusions deliberately and systematically created
by the company's senior management" .
HOUSES AVERAGE: $306k

2007: HOUSES AVERAGE: $310k and falling
. the collapse of the U.S. housing market
and subprime mortgage crisis .
. many with adjustable rate mortgages (ARM)
were unable to pay their mortgages,
precipitously increasing home foreclosures
causing supply to exceed demand
and a decline in prices .
. also, stricter lending standards made it more and more difficult
for borrowers to get mortgages.
This depreciation in home prices
led to growing losses for the GSEs,
which back the majority of US mortgages.
. widely held subprime mortgage securities
lost most of their value,
resulting in a massive tightening of credit
around the world.

Democratic senators
such as Senator Charles Schumer of New York
were already proposing a federal bailout
in order to save homeowners from losing their residences.
Opponents
asserted that a government bailout would
set a bad precedent, create a moral hazard,
and worsen the speculation problem in the housing market.

2009: HOUSES AVERAGE: rising again
after a 32% dive from 2006 peak .

2009-12-31

finance regulation lessons from Islam

11.6: pol/finance regulation/lessons from islam:
. another muslim-unique rule is no money from lending .
. this could mean that all customers have to pre-pay,
or that all markets should be in stocks not bonds,
where you use your savings to buy co.ownership in a money-maker .
. a usaa fin.mgt and depression historian
pointed out how deflation works:
demand falls off massively in a fin system that borrows a lot;
it involves doing production in huge batches
or for very expensive items .
. mass production can be very cheap
but if the masses don't buy the product
then the business is scrambling to pay for the loan,
because money is rented, so time is money .
. this forces unfair sales prices just to pay off the loan .

2009-12-17

every game needs regulation

7.5: pol/finance reform/book out of china:
. some euro banker for china is saying
the finance field needs morals ?
duh:
. if you want to give a no-equity guy a home loan,
you need to guarantee his job, not his loan!
you really need a communism .
. for bankers,
people cared about their product because
a lethal bulk of our nations jobs depend on short-cycling loans .
. I can see why banks should stay privatized,
but why aren't they writing books crying for regulation? .
. no regulation is like a sport with no doping rules:
how much dope can you take before your liver gets wacked? yo:
how much margin can you spare and still win that lottery ?? .

10.20: co.apt/pol/financial deregulators deserve being leached:
responding to radio news:
. the banks high salaries show they are not humbled by handouts?
we were the greedy ones
being the deregulators who turned their market into a shark tank:
pulling out real regs with teeth .
. how to compete with high-risk loaners
other than to find higher risks
and off-load wherever laws allowed?!

co.apt/pol/moron deregulation/rap:
. the news about being warned about opaque derivatives
was reminding me of 9/11:
talking big bucks to take big risks
(we'd lose big with airlines jacking up security),
and the rich
who put congress through election campaigns
get all their income from stocks
which were going through the roof fueled by the
big bets on those derivatives .
. notice obama got in after congress took
the big money gamble
of telling the big voting block seniors
that they couldn't buy from canada
due to safety issues
when they were obviously funded by
those living off owning big pharma stocks .