Side benefits of Multiboxing....

[Xzin]

Student loans...nah. They are typically deferred and paid over such a long time.

3 Trillion budget, plus 600B+ "non budgeted" items that will no doubt come up in '08. 130B+ of rebate checks and depreciation.... we are living so far beyond our means and every time we avert disaster, it only makes it worse when it all finally reaches its tipping point.

Don't get me started on deflation / inflation (aka stagflation) and our fiat money systems.

Unless we make the hard choices (and we probably will not), it is going to get far worse for the world's economy over the next few years.

[Jaws5]

On the student loans, I was thinking more of the under writers, and the packagers the resell them to other buyers. If They can not repackage these and sell them, many will not want to underwrite them. Now Government will still do PELL grants but they are a small percent of total student loan dept.



The future is not set but the past is written, boy a time machine would be nice

[Suvega]

/prays for housing to just DROP.

Seattle the housing market hasn't crashed, it has just extended. Houses aren't selling lower, they are just stayin gon the market longer.

Once people get antsy, I can buy a house for cheap. Just need to shape up that 20% down on a 400k+ house... Omw to doing that, but with the recent drop in MS stock from 37->28, I have to wait for it to raise a bit higher
(and no I don't have my entire funds in MS, just use my employee stock repurchase plan as a good savings account for now )

[Xzin]

I would love to buy some investment property but prices need to drop 30 -50% before I can get a more than just viable deal.

How's the digestion of Yahoo going Suv? ;)

[marvein]

I run F@H on all of my rigs at home and at work.



hoping to buy a house this next year so I can make better use of space and cooling and power consumption etc. Apt is feeling a bit crowded now with all the stuff I have in it (and almost all the computers are out of sight already hehe) The market here has dropped a little bit but not quite enough for me yet, a few emergency expences this year ate into my down payment funds

[Suvega]

How's the digestion of Yahoo going Suv?

Great for yahoo stock... Not so great for MS stock inch:

[Xzin]

The housing markets are set to drop, in my opinion, for most of 2008 and possibly even into 2009. It depends on how bad things get but I could see a 20 - 30% decline in home values and even more in some super hot areas.

[Gallo]

The housing markets are set to drop, in my opinion, for most of 2008 and possibly even into 2009. It depends on how bad things get but I could see a 20 - 30% decline in home values and even more in some super hot areas.

Yeah, my wife and I are looking to buy our first house in the next few months. I live in the DC area, which is easily one of the top 5 most expensive markets in the US, and prices have been steadily falling. The sad part is that 75% of the places we've seen are either bank owned (foreclosure process is finished) or are about to be foreclosed on. There are so many people out there losing their homes that its sick.

I think I'll stick with my 20% down, 30 yr fixed loan... thank you very much.

[Xzin]

NVDA continues to drop despite coming up with the latest 9 series. It's really a beefier 8 series but at a lower price point. Might be time to actually dip in and make some purchases. As long as consumer sales hold up in 2008 (as in, we don't fall into a deep recession / depression and housing values fall for many years straight while spending drops dramatically) then NVDA should do pretty well.

The price is sure looking tempting to me.

I still remain tepid about the equities markets though. Commodities are still going gangbuster and if we continue down our inflationary path (which we have done for 70+ years), will only continue to do so.

[Suvega]

An update to this... Nvidia is now trading at....

9.41 a share.

Taking stock advice from XZin? Bad Idea.

And before you say "ZOMG THE MARKETS ARE DOWN", it tanked WAY before they did. However it has stayed relatively constant in the sub 10 area throughout the ZOMG financial crisis.

And pretty pictures to illustrate (Red means doing WORSE then the Nasdaq index)