Comments on: Weekend Open Discussion

By: DaveinHackensack

DaveinHackensack — Wed, 16 Jul 2008 00:50:10 +0000

After my post, this will no longer be at an unholy number.

Kettle1 (re #366):

Regarding energy stocks, despite the recent run-up in oil, it isn’t too hard to find energy stocks that are still reasonably priced. I own three oil stocks now that are trading at forward EV/E multiples of about 9x.

By: Essex

Essex — Mon, 14 Jul 2008 15:01:00 +0000

“666″

By: Stu

Stu — Mon, 14 Jul 2008 13:54:06 +0000

Moron101

By: reinvestorX

reinvestorX — Mon, 14 Jul 2008 11:23:29 +0000

Where in the hell is the new comment string? I was looking to be the first post on the damn string this morning.

Anyhow, I woke up feeling very good this morning. I slept like a freahly powdered baby knowing that our government has taken care of us by doing what it needed to do to save the housing and the mortgage markets. It’s just another one of those great things that the Bush administration has done that goes unheralded.

By: Sastry

Sastry — Mon, 14 Jul 2008 09:44:58 +0000

15 x current rent… It sounds too low. Many 1 Br and 2 Br apartments in NNJ are about 1500-2000 range. 3Br/2.5ba homes in good school districts in are close to 450 or higher [e.g. Summit, Livingston, Berkeley Hts, Greenbrook, etc.]

My impression is that rents are usually not correlated with income. Friends I know rented really bad places and then jumped to McMansions…

By: Bklynhawk

Bklynhawk — Mon, 14 Jul 2008 09:04:46 +0000

Try to sneak one last comment on this weekend thread – have we used this rent to own calculation? 15x your current annual rent is how much house you can afford.

By: Outofstater

Outofstater — Mon, 14 Jul 2008 03:42:06 +0000

Great. Now I have to go pour myself some Lambic Kriek. You had to mention it, alia. :) Boy am I easily influenced.

By: Sean

Sean — Mon, 14 Jul 2008 03:36:08 +0000

re: #639 Kettle1 – it is kind of hard to carry out a bombing campaign when you don’t have aircraft to carry the bombs, they don’t have bombers, and only two tankers to refuel jets, which they have about 200 or so F15s and F16s, some can carry bombs but not enough to put not enough to wipe out the air defenses first and then the facilities.

When they bombed the reactor in Iraq back in 1981, it was closer than Iran, and the eight F-16A fighters they used almost did not make it back.

By: willwork4beer69

willwork4beer69 — Mon, 14 Jul 2008 02:50:44 +0000

Alia. Not sure about the Campaign on this side, but Kriek works fine with me… :)

By: bi

bi — Mon, 14 Jul 2008 02:49:10 +0000

tomorrow will be another interesting day. futures up 1% already.

By: bi

bi — Mon, 14 Jul 2008 02:47:27 +0000

650#, this will be the world war iii i envisioned. they will be nuked and the rest of the world will cheer.

By: alia

alia — Mon, 14 Jul 2008 02:44:10 +0000

648: whew. :) that’s alright, then. have you ever attended an event sponsored by the Campaign for Real Ale? (they may be purely british. if so, we need a similar one over here)… mm, cherry beer…

By: kettle1

kettle1 — Mon, 14 Jul 2008 02:40:59 +0000

if post 639 is real news then the second the first missile lands on iranian soil, they (the iranians) will light up every oil tanker within 100 miles of the straits of hormez. global oil prices go over $200, and US gas goes over $7 in a matter of days to weeks.

By: bairen101

bairen101 — Mon, 14 Jul 2008 02:38:42 +0000

#618 willw4b

Yeah. john Ashcroft lost to a dead guy. So GW picked him to be AG.

By: willwork4beer69

willwork4beer69 — Mon, 14 Jul 2008 02:37:51 +0000

Alia. Of course. Lambics are a traditional Belgian style. Framboise and peche are my favorites. :)