All Posts Tagged With: "stock"
Is Foreclosure Flipping Legal & Legit?
If by foreclosure flipping we mean quickly buying and re-selling a foreclosed property bought from a lender then there’s no reason why such a transaction cannot be legal and legit. Think about stock. You buy stock in the morning and sell it in the evening. You flipped the stock. Does anyone care? No. Think about [...]
14Feb2010 | Peter G. Miller | 0 comments | Continued
What Paperwork Do You Need To Get A Mortgage?
One of the biggest problems with the government’s Making Home Affordable loan modification program is that a large number of borrowers are making their payments but do not provide required paperwork — and thus are unable to permanently refinance their mortgage with a new and lower rate. Because they did not provide required paperwork these [...]
1Feb2010 | Peter G. Miller | 0 comments | Continued
Why Stocks & Houses Don’t Compare As Investments
There must be a million side stories to the bankruptcy of General Motors, a terrible event for the company, its workers and shareholders. One of those stories concerns the Dow Jones Industrial Average which at this momment seems to be free of any companies that are actually, well, industrial. The Dow has just announced that [...]
2Jun2009 | Peter G. Miller | 0 comments | Continued
Mortgages, Foreclosures & The Disgrace of Journalism
It was long ago when I received a degree in journalism. I wanted to study journalism because it gave me an opportunity to travel and to meet interesting people. I have been a correspondent on Capitol Hill and at the White House, I have lived on an offshore drilling rig in pursuit of a story, [...]
14Mar2009 | Peter G. Miller | 0 comments | Continued
Are You Keeping Up With Work & Wages?
If you’ve been getting more money each year and maybe a bonus here and there you might think you’re doing pretty well. After all, part of the American dream is to get better at what you do and therefore earn more money as a result. Unfortunately, you’re likely to notice that even with a bigger [...]
2Jan2009 | Peter G. Miller | 0 comments | Continued
What Some Folks Really Know About Bubbles
The idea of a real estate “bubble” is scary. Just the thought of a sudden, wholesale decline in housing prices nationwide is nearly enough to get your mind off the stock market plunge. Almost, but not quite enough. You remember the stock market — that’s the financial setting where there’s been a, er, correction. Let’s [...]
16Sep2008 | Peter G. Miller | 0 comments | Continued
Do We Need A Dow 2.0?
Like oxygen, reports on the daily doings of the Dow Jones Industrial Average are everywhere. It’s the fastest way to check Wall Street’s pulse and the one benchmark most likely to be quoted in the morning paper and the nightly news. There are 30 companies which comprise the DJIA, but not the same companies all [...]
13Sep2008 | Peter G. Miller | 1 comment | Continued
Greenspan Speaks — Housing Beats Wall Street
Here’s today’s economic question: If you make a $1,000 profit in real estate will it impact the economy differently than $1,000 in profits from the sale of stock? You want to know the answer to this question because it may explain how plunging stock prices are impacting the economy — and whether you will have [...]
11Sep2008 | Peter G. Miller | 0 comments | Continued
Which Is Better: Real Estate Or Stock?
For a very long time I have made the argument that real estate is undervalued as an investment. Each time I mention this idea I get e-mail from folks on Wall Street who disagree. Now they can write to The New York Times. Imagine that a home was bought for $300,000. Add 5 percent appreciation [...]
10Sep2008 | Peter G. Miller | 0 comments | Continued
Secrets of Real Estate Wealth Revealed By Masters
Real estate and real wealth have been a natural combination ever since someone wanted the best cave in the valley. Even at a time when the stock market has soured to historic highs, real estate remains the bedrock of some of the largest fortunes in America. My interest in real estate and money began in [...]
10Sep2008 | Peter G. Miller | 0 comments | Continued
