How safe was gold today? How safe were stocks? How about treasury investments? How about foriegn currancies? Maybe we should buy farm land with a good water supply? [more]
Not from the New York Times [more]
In my old home I have a 5% mortage with 23 years left and 113K balance. I can probably sell it for the price purchased, about $160,000. If I did sell the home and pocket a net of 40K, what do I do; put it in the bank at 0.2% interest CD? If and when the value becomes 200-220K I might reconsider, in the meantime I collect $1,525 a month in rent. Why would I sell it? Not all homes in this country are underwater. [more]
Anyone know what the price to cash flow ratio is now for the S&P 500 vs. the last 15 years? [more]
It seems like the economic surpise of the month is the strength of the U.S. dollar. How long can this last? Does anyone know if there is any correlation between the strength of the dollar and the return on equities? Seems like many still think we are just in a bear rally. Reminds me of October 2002. Anyone like to share there thoughts?