Education is priceless but our wallets are not bottomless.  We all want the higest education for kids, but there is a point where we have to call it enough – not because we want to, but because we can’t go further.  The governemnt provides education for kids in the US.  Fairly good one compared to [...]

Today I read for the first time that people are paying rent by credit card.  I must have been out of this world for a while, as it seems it has become a common practice.  I am a landlord of two properties and never heard of it, yet it seems to be widespread.
The advantage to [...]

There is a portfolio that I have designed, with the poor man in mind. The poor man is yours truly, of course, as I have lost so much money on the stock market that I am heading for the poorhouse. I don’t even have any money to buy stocks right now, so I [...]

Safer or Riskier? DIA Options Trading

March 5, 2008 | Comments Off

Between yesterday and today I tried a new strategy I had never tried before. Instead of buying stocks or stock options, I decided to watch the DIA Exchange Traded Fund (ETF). This fund tracks the DOW 30 performance. Both yesterday and to a lesser extent where very volatile days. The DOW climbed down yesterday more [...]

Last month we had to abate (appeal) the Real Estate Tax Assessment the town had placed upon one of our rental properties. We got $25,000 shaved off the assessed value. We still think the town is over-assessing the property by $25,000. At a 1.2% rate, we are talking about $300 we will [...]

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