The Vig

From Jack Bog’s blog:
This town is filled with overgrown children, riding around on bikes, spending their trust funds, and waiting for the second coming of Marx. Grow up.
Truer words…

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Obsessed as I am with the weak dollar, I’ve been trying to come up with a way to strike back.  Or at least take advantage.  I keep hearing investing in precious metals is a good way to protect against inflation.  We’re in the middle of a pretty serious inflationary cycle, despite what the president and […]

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Jack Bog’s got it.  Like him, I have no idea what it means, but it sure looks bad.  It may be time t get to know these guys.

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What an interesting map.  As as the author points out, one could almost remove the borders and still be able to find individual states on the map.  You could certainly so that here in the far west.  It does make me realize how much each state’s transportation policy affects prices.  You’ll notice, for example, red […]

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The guys at OnPoint must have heard my call for new ATM machines.  I went out to Mall 205 yesterday afternoon to deposit a money order and was greeted by three spanking new machines.  I’m guessing they were these Diebold Opteva 760s, but I could be off by a little.  Whatever it was, it sure […]

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TeacherRefPoet has a fun story about his debate squad’s fundraiser.  The thing about marketing is you have to have the right product at the right moment for the right price.  TRP hit the jackpot.

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As usual, the Irvine Housing Blog distills the zeitgeist.
Do you see the mentality at work here? All someone had to do was buy some real estate, improve it if they wanted to, wait a short time and sell it for a huge profit. The prices paid do not matter as long as the greater fool […]

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The Tropicana hotel filed for bankruptcy protection last night.  It’s long been speculated that the Trop was the next place on the Strip to go.  It’s a natural, I would think, given its location.  This may bring that day one step closer.
I’ll never forget the night I stayed there.  Must have been late 2003?  Anyway, […]

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I’ve been trying to piece together in my head just what in the heck is going on with the economy and commodity prices. Maybe this summer I’ll take a couple of economics courses to figure this stuff out. In the meantime, I just read and listen.
From Marketplace (emphasis mine):
MOON: Well, you already […]

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The Washington Post has an interesting angle on the condo market.
Now Moss, 33, wants to find a tenant for her condo while she waits out the economy. But the condominium association allows only 20 percent of the units to be leased at once, so Moss is on a waiting list. If she tries to rent […]

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