theknowitalleffect

http://money.cnn.com/2008/07/07/real_estate/price_to_rent.moneymag/index.htm?postversion=2008071604 It's been a bit. But this is a storage spot as well. Price to rent ratio. For example, if you can purchase a home for $540,000 but can rent a similar one for $36,000 a year, your so-called price-to-rent ratio would be 15. In general, buying starts to look attractive when the P/R ratio is around 15 or lower, says Newport. (The current national average is 12.5.) As your market's P/R ratio falls, more sellers are likely to come into the market. So demand could pick up and help stabilize home prices.

http://www.news.com/8301-13578_3-9892897-38.html?tag=nefd.lede Wow and I thought I was paranoid. Glad to know I am not the only person that wouldn't want my information stored and stormed by customs. WOWOWWOWOW

http://editorial.autos.msn.com/article.aspx?cp-documentid=457882 Can't wait to see one of these on EBAY. Proof not just concept. So why are we not building these in America?? Hmmm. oooh can you say $10 of diesel per week for me at least. Nice.

http://money.cnn.com/2008/02/06/real_estate/walking_away/index.htm?postversion=2008020610 Walk away from your home there should be laws against it. You should have to claim bankruptcy to walk away. There should be huge reasons required and circumstances that basically equal life or death. Not that oops your gamble did not work out. Why should the rest of us have to suffer for deviant misguided leeches of society. If you gambled your paycheck away or took a line of credit out on your house to gamble at a casino. Would that casino let you walk. Heck no. Banks should be putting new guidelines that state if you walk away from your home you will not be able to qualify for one for so many more years. If you walk away from your home after buying another at a lower price you default to a higher rate. What the heck is wrong with the financial institutions. Is no one accountable.

http://money.cnn.com/magazines/moneymag/moneymag_archive/2008/02/01/102902034/index.htm?postversion=2008012510 Now this is a very interesting read. A little long. But there is some realism here. If you are lucky enough to do what this couple has done. More power to you. 20 years in service with a family. That's dedication..... Not only to a financial plan. Dedication to family. Dedication to each other. Living the American Dream. Too bad St. Louis is not like the rest of America, or would we really want that any way. Nice thought to think about the thoughts that this could be a reality. I wonder how many people already could retire but choose not too. So many what if's in this world. One thing is that they did not say if they paid their house off or not. Now that would be interesting. You have to wonder about interest earned versus interest paid in some respect. But compounding does have it's merits. Kudo's for these people and it for one inspires me to keep doin...

5 wonderful qoutes of wisdom!!!! “Many of life’s failures are people who did not realize how close they were to success when they gave up.” “I have not failed. I’ve just found 10,000 ways that won’t work.” “The value of an idea lies in the using of it.” “Being busy does not always mean real work. The object of all work is production or accomplishment and to either of these ends there must be forethought, system, planning, intelligence, and honest purpose, as well as perspiration. Seeming to do is not doing.” “Genius is one percent inspiration and ninety-nine percent perspiration.” "If we did all the things we are capable of, we would literally astound ourselves." All qoutes from Thomas A. Edison a great pioneer and a man of great acheivment and history.