It’s no secret we’re a couple of older dudes who got creamed in 2008. But like the economy, we bounced back. Unlike the financial system, we got the lessons. Read that again and think about it. If you got on board the real estate gravy train after the last crisis, congratulations … and welcome to your first […]
The root of the real crisis is being exposed … Read More »
Well, that didn’t take long… We recently alluded to the possibility of rising rates…whether the Fed raised them or not. Then lo and behold, this headline popped up in our news feed: Treasury Yields, Mortgage Rates Rising at Record Pace Of course, rates are still crazy low. But the move is noteworthy… beyond the obvious
Mortgage rates rising at record pace… Read More »
Cruise with Peter Schiff! You may have seen Peter Schiff on one his many appearances on financial media like MSNBC, Fox Business News and CNN. Maybe you’ve listened to the Peter Schiff radio show or have seen Peter speak at live conferences like Freedom Fest, The Money Show or The New Orleans Investment Conference. But
Cruise with Peter Schiff! Read More »
If you really care about your money, chances are you’ve watched more than your fair share of financial shows. If so, you’ve probably seen or heard Peter Schiff. He’s a hard guy to ignore…not that you’d want to. We know we’d be better off had we been listening to him back in 2006 when he
Who is Peter Schiff and why is he on the Summit at Sea? Read More »
When the mortgage-backed securities (MBS) market collapsed in 2008, real estate owners – both homeowners and investors (and radio talk show hosts) – got hit hard. Banks failed, loans became scarce, buyers disappeared, and people everywhere (including tenants) lost their jobs. Very ugly. Lesson: pay attention to macro (big picture) economics. So now we do.
6/3/12: Schiff Happens – Is The Real Crash Yet To Come? Read More »