Monthly Archives: December 2008

Off-Topic Friday: Can We Finally Talk Turkey About the Automotive Industry?

C’mon. Let’s all take a minute to catch our breath. There’s way too much hyperventilating going on. I myself have been torn through this process. My day job is tied directly to the automotive industry, and although my background and … Continue reading

Posted in Off Topic Friday | 3 Comments

Panic and Uncertainty – the Twin Towers of Turbulence

Panic and uncertainty – uncertainty and panic. The twin towers of turbulence that are causing all sorts of commotion in our financial markets. Sure there are real problems. But these two mischief makers are making things a lot worse than … Continue reading

Posted in Economics | Leave a comment

Need a Better Retirement Plan? Apartment Buildings Blow Away Bonds.

I just read an article that said that treasury bill and bond rates of returns are approaching ZERO. (I’ll post it tomorrow) So it’s clear that everyone with investable funds is looking for higher returns at least in a portion … Continue reading

Posted in michigan real estate investing, Real Estate | Tagged , , , , | 1 Comment

Chinese Property Hunters to Raid US

This is an article that ran in the Financial Times yesterday. It seems that some deep pockets in China think that we’re near the bottom here, and they’re ready to jump in and start buying. I happen to agree with … Continue reading

Posted in Real Estate | Leave a comment

Um – It Smells Like There’s A Dead Body In There

That’s the voicemail that I received yesterday afternoon while we were out cutting down our Christmas trees out near Holly. My intrepid resident maintenance man at my recently acquired apartment building called to tell me that a set of tenants … Continue reading

Posted in Real Estate | 3 Comments