Dogbert The Financial Advisor
December 16, 2008 By 8 Comments
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lol good stuff
Now if only we knew if “diseased livestock” = subprime mortgage securities, banks, or the entire S&P 500….
Hilarious… it’s funny because it probably actually happened. 🙂
lol hilarious like the cali home market Record Home Price Slide in Southern California
Posted by: Chris Palmeri on December 16
Ah, remember when Southern California stood for sunshine, the Beach Boys and eternally rising housing prices? No more.
According to research firm MDA DataQuick, the median home price fell a record breaking 35% in November versus the same month in 2007. The median price paid for all homes combined last month was $285,000, down 5% from October. Last month’s median was the lowest since it was $298,000 in April 2003, which was the last time the median was below $300,000. November’s median stood 43.6 percent below the peak $505,000 median reached in spring and summer of last year.
how much do we have to lose before we realize we are owning sick livestock? Hopefully our ability to identify sick livestock improves over time. When in doubt, is it better to get out and miss the gain or stay and take the pain?
Scott Adams has a a little actuary in him. Nice.
Jonathan,
Are you looking to refinance your mortgage..is it time..would like you take/research on the best options available.Your earlier posts were so informative..thank you.I see penfed at 5.25..anyplace to check better rates..
Now, how much diseased livestock should I invest? Some of those sick cows will get better….won’t they?