tag:blogger.com,1999:blog-54151370812227043552011-11-27T18:52:40.835-05:00Seeking Unofficial AdviceThinking online about investing, the economy, bonds, stocks and real estate.<br> Discuss your thoughts or give me "unofficial advice". unofficial.advice@gmail.comSeeking Unofficial Advicehttp://www.blogger.com/profile/11602733664638219483noreply@blogger.comBlogger51100tag:blogger.com,1999:blog-5415137081222704355.post-39126072851913093942008-02-11T16:06:00.000-05:002008-02-11T17:29:09.241-05:00Are You Feeling Stimulated By A Jumbo?Congress yesterday passed a $168 billion economic stimulus package to head off a recession. The bill will allow Fannie and Freddie to raise the limit on purchasing ``jumbo'' loans to $729,750 from $417,000. Mortgages will be eligible if they were granted between July 2007 and Dec. 31, 2008.The bill would also allow the Federal Housing Administration to insure loans up to the same $729,750 limit. Seeking Unofficial Advicehttp://www.blogger.com/profile/11602733664638219483noreply@blogger.com0tag:blogger.com,1999:blog-5415137081222704355.post-91339468557744061232008-02-11T13:26:00.000-05:002008-02-11T20:46:27.814-05:00Desperate Times Call For... Arson?So I saw this interesting video news report on ABC. Using Arson to Avoid Foreclosure <!-- end ftrimage --> <!-- end info --> Out of desperation, people are burning their homes down just days before foreclosure. Or is it an act of vengeance?Seeking Unofficial Advicehttp://www.blogger.com/profile/11602733664638219483noreply@blogger.com0tag:blogger.com,1999:blog-5415137081222704355.post-66682712508112018282008-02-10T01:22:00.000-05:002008-02-11T15:06:57.706-05:00How Stimulated Are You?WASHINGTON (Dow Jones) -- Congress on Thursday passed a $152 billion economic stimulus package designed to provide a timely, targeted and temporary boost to the flagging U.S. economy. The plan would give tax rebates of up to $1,200 for households, with $300 more for each child. The full rebates would be sent to individuals with incomes under $75,000 and to families with incomes under $150,000, Seeking Unofficial Advicehttp://www.blogger.com/profile/11602733664638219483noreply@blogger.com0tag:blogger.com,1999:blog-5415137081222704355.post-29395940534718569252008-02-09T12:41:00.000-05:002008-02-09T12:43:40.987-05:00What Should I Invest In When The Fed Cuts RatesFlashback to August 2007Ok, close your eyes. It's August 2007, the stock market is chugging along. The Fed has been giving inflation fighting speeches for months, but taking no action on rates. There is actually some doubt as to whether or not the Fed will be raising or cutting rates.Everyone has been ignoring the subprime warning signs for almost half a year. Some of us don't even know what Seeking Unofficial Advicehttp://www.blogger.com/profile/11602733664638219483noreply@blogger.com0tag:blogger.com,1999:blog-5415137081222704355.post-26101810714082335772008-02-08T15:29:00.000-05:002008-02-09T00:38:39.442-05:00Why Do I Always Lose Money?Like most people, I'm not an investment pro. I typically lose money in whatever I invest in. My biggest accomplishment from the tech boom is that I received years of tax loss credits. I became so afraid of the stock market that I avoided it when I should have been buying. Instead, I bought real estate, apparently like everyone else, including subprime borrowers. And now look, real estate is Seeking Unofficial Advicehttp://www.blogger.com/profile/11602733664638219483noreply@blogger.com1