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Search: Posts Made By: sprmario
Forum: Business, Finance, and Investing 07-13-2006, 10:59 PM
Replies: 6
Views: 51
Posted By sprmario
Re: Las Vegas housing market

[ QUOTE ]
Miami has already declined more than 10% in most areas in the last 9 months.

[/ QUOTE ]

same.
Forum: Business, Finance, and Investing 06-26-2006, 09:05 PM
Replies: 8
Views: 58
Posted By sprmario
Re: Anyone have a job related to real estate?

I deal w/ appraisers all the time and, most are idiots. There are a few good ones that know what they are doing. The problem i have is that the way appraisers generally appraise has more to do w/...
Forum: Business, Finance, and Investing 05-22-2006, 07:22 PM
Replies: 8
Views: 84
Posted By sprmario
Re: break down a loan for me

At the beginning of the loan you are paying mostly interest. Each and every month as you pay down some small portion of the principal, the principal goes down and the next month you are paying...
Forum: Business, Finance, and Investing 05-19-2006, 04:49 PM
Replies: 52
Views: 212
Posted By sprmario
Re: 400K Houses in Miami

The 70k condo units in Miami under development is misleading. A lot of these units are proposed and have not even been approved yet. A number of projects have also been cancelled. A much more...
Forum: Business, Finance, and Investing 05-15-2006, 03:26 PM
Replies: 52
Views: 212
Posted By sprmario
Re: 400K Houses in Miami

I don't think that an inverse fund works all that great. I looked at some analysis of an inverse interest rate fund that would have gone up if interest rates went up (the opposite of a bond), and...
Forum: Business, Finance, and Investing 05-13-2006, 10:13 AM
Replies: 52
Views: 212
Posted By sprmario
Re: 400K Houses in Miami

Looks about right. I could show some great crappy 500k or 600k ones as well. For certain anything under 325k or so is going to be:

1. An old house.
2. In a bad neighborhood.
3. A 1+ hour...
Forum: Business, Finance, and Investing 05-11-2006, 08:18 PM
Replies: 8
Views: 69
Posted By sprmario
Re: Initial Thoughts About Index Funds

Read:

The Four Pillars of Investing by William Bernstein


It should answer all of your index fund questions.
Forum: Business, Finance, and Investing 05-03-2006, 10:33 AM
Replies: 39
Views: 140
Posted By sprmario
Re: advice for heading in the right direction regarding home ownership

Your advice sucks. You will not absolutely positively get a good rate with a mid-600s credit rating. At that level you are considered sub-prime and will get a miserable rate. Every time you...
Forum: Business, Finance, and Investing 05-03-2006, 10:00 AM
Replies: 10
Views: 132
Posted By sprmario
Re: My Personal Finance Plan

my student loan is fixed for 20 years at 2.85%, so I've made the decision to just never pay it off early.

I think your allocation is totally fine for a 3 to 5 year horizon. You might want to...
Forum: Business, Finance, and Investing 05-02-2006, 07:20 PM
Replies: 12
Views: 236
Posted By sprmario
Re: Critique My Portfolio

This portfolio doesn't make a lot of sense to me. It is totally polarized between extremely safe and fairly risky. HOw about:

20% Cash
30% Total Stock Market Fund
20% Total international Fund...
Forum: Business, Finance, and Investing 04-30-2006, 03:49 PM
Replies: 17
Views: 83
Posted By sprmario
Re: Where to put emergency funds?

MM accounts invest in commercial paper not short treasuries.

[ QUOTE ]
You are correct that it is not FDIC insured, but the risk of it going broke is next to nothing. It basically invests in...
Forum: Business, Finance, and Investing 04-28-2006, 07:45 AM
Replies: 17
Views: 83
Posted By sprmario
Re: Where to put emergency funds?

A high yield savings is probably your best bet...

Unless by Emergency you mean:

1) OMG, the cops are coming after me and I need $10k cash to jet right at this second, or

2) OMG, Iran just...
Forum: Business, Finance, and Investing 04-26-2006, 10:29 PM
Replies: 10
Views: 63
Posted By sprmario
Re: Savings or MMA?

The 6 withdrawl/month limit is for Savings accounts. Anything that is called a "Savings" account has this limit. The government requires that you keep a certain percentage of all deposits in...
Forum: Business, Finance, and Investing 04-26-2006, 06:06 PM
Replies: 39
Views: 140
Posted By sprmario
Re: advice for heading in the right direction regarding home ownership

I disagree... dispute it all. Just do so in an orderly manner and don't claim that the items are false. I would just write saying that I believed this item was not quite right and to please have it...
Forum: Business, Finance, and Investing 04-26-2006, 06:03 PM
Replies: 25
Views: 228
Posted By sprmario
Re: A Random Walk Down Wall Street.... BS or good read?

My portfolio is based on a pretty basic allocation. 25% Small caps, 35% Large Caps, 30% International, and 10% Cash. That makes up about 80% of my portfolio. I'll rebalance every 3 years or so,...
Forum: Business, Finance, and Investing 04-25-2006, 11:47 PM
Replies: 25
Views: 228
Posted By sprmario
Re: A Random Walk Down Wall Street.... BS or good read?

Even if you did, I don't think you could discern reliably when they are moving in the opposite direction at a greater rate.

In a bull market I could probably pick a portfolio that is going to be...
Forum: Business, Finance, and Investing 04-23-2006, 04:19 PM
Replies: 21
Views: 98
Posted By sprmario
Re: Cashflow 101

Everything i've ever read written by this guy leads me to believe he is a total fruit.
Forum: Business, Finance, and Investing 04-23-2006, 03:01 PM
Replies: 39
Views: 140
Posted By sprmario
Re: advice for heading in the right direction regarding home ownership

credit.about.com had some good info, so did the motley fool (www.fool.com) personal finance credit improvement forums. I really can't remember any more off hand, but a good 20 to 30 min looking...
Forum: Business, Finance, and Investing 04-23-2006, 10:24 AM
Replies: 8
Views: 50
Posted By sprmario
Re: Going to start building up my credit rating

in hindsight what i'd do is get one card at a large major banking institution like BofA, Wachovia, Wells Fargo, etc. that you plan to keep forever. Then get a 2nd that has the best deal you can find...
Forum: Business, Finance, and Investing 04-23-2006, 09:35 AM
Replies: 39
Views: 140
Posted By sprmario
Re: advice for heading in the right direction regarding home ownership

my suggestion is by definition dishonest... but it is legal and it works.

Start systematically disputing all the negative items on your credit report.

The law is that if they cannot verify an...
Forum: Business, Finance, and Investing 04-21-2006, 03:49 PM
Replies: 2
Views: 43
Posted By sprmario
Selling/Buying Risk

I was reading the below quote today in an article and it got me to thinking if there was a way to take advantage of the lower than normal spread between treasuries and all sorts of inferior debt. ...
Forum: Business, Finance, and Investing 04-20-2006, 10:41 PM
Replies: 15
Views: 227
Posted By sprmario
Re: CFA Exam?

This is my understanding as well. I'm actually a Finance Manager at a large Real Estate developer. My background is in investment banking and private equity. I really don't think it adds a ton of...
Forum: Business, Finance, and Investing 04-19-2006, 10:16 PM
Replies: 43
Views: 183
Posted By sprmario
Re: Alarming

So, question... given your assumptions, what's the proper course of action. You seem a bit ambiguous as to what to actually do.
Forum: Other Other Topics 04-19-2006, 10:05 PM
Replies: 66
Views: 231
Posted By sprmario
Re: Beer drinking competition......I need advice

He never mentions not pissing... why is everyone adding this rule?
Forum: Other Other Topics 04-19-2006, 10:01 PM
Replies: 66
Views: 231
Posted By sprmario
Re: Beer drinking competition......I need advice

We did Century club in collge. 100 1.5 oz. shots in 100 minutes. I have a lot of really big drinker friends, only 4 of 15 of us finished it without puking. That's 12.5 beers in 100 minutes. I...
Showing results 1 to 25 of 65

 
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