Muppet Time!

It never fails. Despite all efforts to the contrary a handful of you retail rats accidentally find yourselves in the midst of a winning campaign. Invariably early withdrawal symptoms to your expired ADHD meds are starting to appear as the urge to do something (i.e. take profits now or otherwise ruin your odds of long term profitability) is… Read More..

Hurdles Ahead

We have come a long way in the past three sessions but the easy part of the journey is now nearing its end. For there are hurdles looming ahead plus I’m seeing some signature signs of short term shenanigans flashing all over the place. Let’s start with where we are right now: Quite a climb since… Read More

What Rout? Stocks Have Best Day In A Year

Since 13 minutes after the US equity market opened, the NYSE was broken for 150 symbols from AAPL to XIV (inverse VIX). KO, MCD, & IBM all fell notably on earnings. Credit, Treasuries, and JPY carry all traded 'risk-off'. But none of that mattered...broken markets and ECB rumors were all that was needed - Nasdaq… Read More

Musings on Recent Market Volatility

Welcome Fellow Lizard Brains! Back in 2005, Terry Burnham penned Mean Markets and Lizard Brains. The point of his terrific book was that parts of our brain are wired to behave in a reptilian fashion, responding to fear and greed instinctively. Yes, I have that same reptilian response that you do-come on, admit it! When… Read More

4 Inexpensive Renovations Guaranteed to Maximize Resale Value

Selling your house is an emotional process, particularly if you have lived there for a number of years. Where a potential buyer sees an old toilet, you see images of potty training your first child; where a potential buyer sees a stain on the carpet, you see the last physical sign of your awesome birthday… Read More

A Caliph In A Wilderness Of Mirrors

Authored by Pepe Escobar, originally posted at Asia Times, I'm aiming at you, loverCause killing you is killing myself - Orson Welles (director), The Lady from Shanghai,1947 He's invincible. He beheads. He smuggles. He conquers. He's the ultimate jack-of-all-trades. No Tomahawk or Hellfire can touch him. He always gets what he wants; in Kobani; in… Read More

What You Need to Know About the Unglamorous Side of Real Estate

We all have a friend who is quick to tell us about their success in real estate. They want to brag about how investing in real estate or some sort of a rental property is the best idea on the planet. They’re convinced that you need to get into real estate. They want you to buy… Read More

Lawler: Updated Table of Distressed and All-Cash Share for September

CR Note: Existing Home Sales for September will be released tomorrow by the National Association of Realtors (NAR). The consensus is for sales of 5.09 million on seasonally adjusted annual rate (SAAR) basis. Sales in August were at a 5.05 million SAAR. Economist Tom Lawler estimates the NAR will report sales of 5.14 million SAAR.Housing… Read More

Prepare to be confused

We have the stunning reversal on Thursday and further weakness on Friday. The Bull case is weakened substantially. In fact, the more aggressive among us could make the case that the bulls are fucked. My spidey sense is tingling though, the complete absence of a bullish stick save, or even attempt thereof, leads me to… Read More

Opinion: Allowing Smokers in Your Rental is Costly & Just Plain Dumb

Are you aware of the expenses associated with allowing someone to smoke in your rental? If not, you need to understand that a smoker will cost you at least 10% of your profits due to increased turnover costs and additional vacancy. That is an unscientific number, and I may venture to guess it may be… Read More

I Robot

Make no mistake – very few humans are actively involved here. The comment section looks pretty deserted today (short of tumble weeds passing through) and it’s one of many signs that anyone with a pulse feels pretty exhausted at the end of this week. Of course the market Mole knows no mercy and here are a… Read More

What Happens When 30,000 People Run The Beijing “Airpocalypse” Marathon In “Hazardous” Smog

Some 30,000 participants were wondering if the organizers of today's 34th Beijing International Marathon would cancel the event after "a toxic fog enveloped the Chinese capital and smog levels soared to “hazardous” levels." Adding to the confusion, and concerns, even the People’s Daily, the Communist Party’s mouthpiece newspaper, cautioned athletes against taking part in the… Read More

You’ll Reach Goals Faster by Rewarding Yourself: Here’s Why

If you are a regular on the BiggerPockets Blog or any personal finance blog, you should notice a common theme. Save money, invest that money, and in the future you will have much more money that you can spend on the things you want, or you can retire early. I believe in saving money and… Read More

Schedule for Week of October 19th

The key reports this week are September New home sales on Friday, and Existing home sales on Tuesday.For prices, CPI will be released on Wednesday.----- Monday, October 20th -----No releases scheduled.----- Tuesday, October 21st -----10:00 AM: Existing Home Sales for September from the National Association of Realtors (NAR). The consensus is for sales of 5.09… Read More

How to Invest in Real Estate with No Money Down (4 Rules You NEED to Follow!)

(The following is an excerpt from the recent book we published here at BiggerPockets, “The Book on Investing in Real Estate with No (and Low) Money Down.”  Pick up the physical book, the digital book, or the audiobook today at BiggerPockets.com/nomoney or get the physical book on Amazon! Now, onto the post!) You know –… Read More

Saturday links: the halo effect

The weekend is a great time to catch up on some posts that were either too long or simply didn’t fit in during the week. Hope you enjoy! Investing Sound financial principles don’t really change all that much.  (A Wealth of Common Sense) What is the Halo Effect?  (The Brooklyn Investor) A dozen things learned… Read More