The worst news on the horizon for GM is the inevitable downturn for GMAC. GMAC has made a lot of money in the mortgage business. The real estate...
The reason for lenders being allowed to book the deffered interes as income lies in a combination of the terms of these exotic mortgages and some...
The time to short will be when the Negative Amortization "option arm" mortgages begin to go bad. These loasn offer a teaser rate of 1% to 2% and...
I am a loan officer working for a broker in a Washington DC suburb and the same thing is happening in the DC market. Baltimore is not as...
Most 2/28 I/O ARMS still have a 5 or a 10 year I/O period so the paymnet jump will not incorporate any principle and therefore not be as painful...
Saying that "the ratio should be the cost of finance to income" is a bit of a misnomer because there is no uniform metric for the cost of...
I am a loan officer in the DC metro area and the peak here seems to have been mid to late July. There was a runup during late spring early summer...
I appreciate all the cautious advice. One point of contention I have is that it is not a zero sum game. The house always makes its cut. If I...
I talked to futurestrader71 and he is not hiring. Anybody else know of either A good place to open a low cost paper account which provides live...
when I said 50-100k I did not mean shares but rather $. $50k could be anywhere from 125 shares to 4000 shares. I know that the commissions eat...
Bright trading seem to have a real program but require going out to Vegas and I am not sure if that is feasable due to some family...
So how did you guys get into the market? Did all of you save up a year's worth of living expenses and than live income free for a year? What did...
Unfortunately it is rather hard to save up 1 year of living expenses. Part of what draws me to the market is that I have made some very good...
Please explain more
How so? I really want to learn more, so please explain what I am doing wrong.
Is there any cost involved in using the real time demo platform? How can I sign up to do that? Also I realize that $5k is nothing. But, with...
Well GOOG move +/- 1% daily. Large cap, very liquid. GM does the same (mostly down but nonetheless movement) AMD, INTC, two other big name large...
I guess what I am really looking for is a prop shop in the DC area that would take the time to really talk to me, maybe let me come in for a week...
I understand your advise and please don't think that I am trying to argue but here is my question: What makes it so difficult to do what I am...
I am 25 I do not have a college degree. Some personal and financial difficulties hit me kinda hard during my 5th semester at college and I had...
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