Archive for January, 2008
With China’s GDP growth rate reaching over 8% over the past 5 years, China still may be in it for another year. China looks good for the long run, but their short run bubble may be a risky investment. With the Olympics coming and FDI in 2007 reaching 67.3 billion dollars, the highest in the world, China may have risk of a slow down. Problems include their 1.5 trillion USD forex reserve and their appreciating currency which are at the forefront of news.
Expectations have been rising faster then…
Here is an email exchange I had with my step father. Note: my mother works as a Bed Bath and Beyond store manager.
Original email back in November:
BBBY is down to 29.5 your thoughts?
-Kevin (11/26/2007)
And then my response:
So Kim and I are in the process of buying a house. We’re going through a lot and learning tons of stuff that would be great to share with all of you.
Perhaps more importantly, there are a bunch of folks smarter than me who occasionally read this. So I’m hoping we can get some good advice here and there.
But to start I’ll just try to give a little background in this post before I get into some more specific topics later. For those who don’t know, I do web development with my wife Kim. We work for our own company Stranger Studios and work from home (our apartment right now). This is all going very well. Work is good. Making your own hours is great. Spending every minute of every day with the woman I love is truly incredible. I doubt most couples could do it, but Kim and I pull it off with style.
Life is good. Ok.
Because we work from home, we could live anywhere. And we’ve been conscious of this. We’ve considered a number of places to settle down for the next 5 years or so: Arizona, New Mexico, Mexico Proper, San Francisco, Napa, Oregon, Idaho. One fun game we had was to open up Google Maps and just zoom into a random spot on the map. We’d look for lakes, rivers, small towns, or anything else that looked interesting to live near.
I started this blog entry last Friday, and am actually pleasantly happy that things have gone further down. This all has to do with things that I have been talking about in previous blog entries.
Is it a time to buy? Undertrader says now could be a good time to buy.
The other important thing is to have PLENTY of cash for the first week in January to buy the stocks that drop due to people taking their profits this way. I would say 60% of my stock purchases for the last 5 years have taken place in the first week of January taking advantage of the profit sell-offs. Be ready for that!
Interesting thought, but one has to wonder, is it a time to buy? According to the blow horn Larry Kudlow it is time to buy, at least that is what he was saying last Friday.
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Tuesday, Jan. 8, 2008
by Christian
Ok, this is a way long shot, but here are my Democratic and Republican ticket nominations. I say it is a long shot because my gut is telling me something and that is what I will follow on.
Democratic: John Edwards
Republican: Mike Huckabee
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Thursday, Jan. 3, 2008
by Christian
