As U.S. govt is printing more dollar bills,
we will have infaltion problem by 2014 .
use Commodity (com) EFT to protect ourselves:
com.........LONG............. short
gold ........ GLD ...................GLL
silver ...... SLV ....................ZSL
oil ........... USO .........................
N.gas........UNG ........................
use Currency (cur) EFT to protect ourselves:
cur........... LONG.............. short
EURO ........ FXE .................EUO
UK ............ FXB .......................
JPN ........... FXY ................YCS
AUS ...........FXA ........................
use Country (cou) EFT to protect ourselves:
cou.......... LONG............... short
china........ FXI ..................EXP
emerg ...... EEM .................EEV
jpn............ EWJ .................EWV
eur/aus......EFA .................EFU
use Index (ind) EFT to trade :
ind........ LONG............. short
dow. ........ DIA ................DOG
s&p... ....... SPY ................SH
nsd ......... QQQQ...............PSQ
Russ ..........IWM ..............RWM
2009 hot EFTs to invest :
china........... FXI
emerg.......... EEM
bank ............XLF
gold..... ....... GLD
oil ...................... USO
green energy.......PBW
materials.............XLB
real estate .......... XHB
tech.....................XLK
corp bonds..........HYG
euro ...................FXE
Monday, March 30, 2009
?why - EFT
Advantages of EFT :
>> trade just like stocks
>> low managment fee
>> can long and short the market
>> trade just like stocks
>> low managment fee
>> can long and short the market
Major financial mistakes :
>> No retirement plans (IRA/401K)
>> Renting for life
>> Credit Card *Slave (never pay off the balance)
>> Spending more than earning
>> Change car every2 yeras
>> No car/health insurances
>> No emergency reserves
>> DYI ... no PRO help !
>> finally, wrong partner
use http://www.creditscoredating.com/news2.htm
>> Renting for life
>> Credit Card *Slave (never pay off the balance)
>> Spending more than earning
>> Change car every2 yeras
>> No car/health insurances
>> No emergency reserves
>> DYI ... no PRO help !
>> finally, wrong partner
use http://www.creditscoredating.com/news2.htm
Sunday, March 29, 2009
to qualify a loan * fast !
>> verified gross income * about $55000
>> credit rating score * above 740
>> down payment is 20% (no PMI needed)
>> additional cash reserve is also needed
>> home price is about $310K
>> current int. rate is about 4.85% (30yr/fix)
>> can use buy down ... ONE point cuts 0.25 %
Tips
## Avoid *short sale transaction
## Avoid FHA financing (cost is high)
## Go for REO (bank owned) property
>> credit rating score * above 740
>> down payment is 20% (no PMI needed)
>> additional cash reserve is also needed
>> home price is about $310K
>> current int. rate is about 4.85% (30yr/fix)
>> can use buy down ... ONE point cuts 0.25 %
Tips
## Avoid *short sale transaction
## Avoid FHA financing (cost is high)
## Go for REO (bank owned) property
As fo April , 2009
Housing Market Situation :
>> take about 180 days to sell
>> average price is about $310K
>> price has dropped about 37 %
(from $500K to $310K approx.)
???????????????????????
??why?? priced at $310K
???????????????????????
** fixed int. rate is 4.85%
** average household income is $55K
** with 20 % cash down
based on above data,,
buyers will qualified for $310K house .
This is just a general guideline,
and I am not a real estate agent!
>> take about 180 days to sell
>> average price is about $310K
>> price has dropped about 37 %
(from $500K to $310K approx.)
???????????????????????
??why?? priced at $310K
???????????????????????
** fixed int. rate is 4.85%
** average household income is $55K
** with 20 % cash down
based on above data,,
buyers will qualified for $310K house .
This is just a general guideline,
and I am not a real estate agent!
Fed Credit (FC) * first time buyer only
FC is now $8000 (was $7500 before)
FC is 10% of the pruchase price BUT
up to $8,000 max.
FC applies to all (first time buyer) home transations.
NOT limited to NEW built house only.
>> Consult your CPA for detail
Hint :
For example :
30 yr fix .. 4.80 %
15 yr fix .. 4.65 %
Get 30 yr/fix because of the narrow spread,
also ,
you can pay MORE every month if you want
to shorten the period later.
FC is 10% of the pruchase price BUT
up to $8,000 max.
FC applies to all (first time buyer) home transations.
NOT limited to NEW built house only.
>> Consult your CPA for detail
Hint :
For example :
30 yr fix .. 4.80 %
15 yr fix .. 4.65 %
Get 30 yr/fix because of the narrow spread,
also ,
you can pay MORE every month if you want
to shorten the period later.
FREE money * ($10,000 credit ) from Cal state
>> Property must be a new development.
>> Buyers must be first time home buyer with income under $95K.
>> Credit must be applied by Escrow within 7 days after
the escrow is closed. (donot do it by yourself)
>> $10,000 crdit is divided into 3 years ($3333 per year)
>> If buyers stay at the property less than 2 years,
buyers will have to pay back the credit.
Litmitation :
There is $100 mil for the new development fund.
ONLY about 100,000 buyer can take part.
Any question, email to : alcheng@usa.com
>> Buyers must be first time home buyer with income under $95K.
>> Credit must be applied by Escrow within 7 days after
the escrow is closed. (donot do it by yourself)
>> $10,000 crdit is divided into 3 years ($3333 per year)
>> If buyers stay at the property less than 2 years,
buyers will have to pay back the credit.
Litmitation :
There is $100 mil for the new development fund.
ONLY about 100,000 buyer can take part.
Any question, email to : alcheng@usa.com
Tuesday, March 24, 2009
Cal Bonds
Direct Link :
http://www.buycaliforniabonds.com/opportunities.asp
********************
Do i invest in it ?/
YES, Yes ,yes
i still believe in Cal
Contact : albert 800 287 8383
for details
http://www.buycaliforniabonds.com/opportunities.asp
********************
Do i invest in it ?/
YES, Yes ,yes
i still believe in Cal
Contact : albert 800 287 8383
for details
Saturday, March 21, 2009
).bmp)
Wednesday, March 18, 2009
SHORT ... T-bill??
.bmp)
Check out > 30 days T - bill
but, do NOT buy T - bill
US deficit is just too HUGH!!
but, do NOT buy T - bill
US deficit is just too HUGH!!
there are two ETF to SHORT on T- bill
namely,, PST and TBT
keep track with the 2 ETF and u see ?what happens
Tuesday, March 17, 2009
Templeton Global Bond Fund (TPINX)
managed by : Michael Hasenstab
"With inflationary pressures and a weaker dollar, the portfolio implemented a macro-driven, top-down strategy,"
says co-portfolio manager Joel Pena.
"We increased our position in the Templeton Global Bond Fund (TPINX Quote - Cramer on TPINX - Stock Picks). "
Templeton Global Bond Fund invests in South Korean, Mexican,
and Brazilian debt , among others,
to protect against the falling U.S. dollar.
"We increased our position in the Templeton Global Bond Fund (TPINX Quote - Cramer on TPINX - Stock Picks). "
Templeton Global Bond Fund invests in South Korean, Mexican,
and Brazilian debt , among others,
to protect against the falling U.S. dollar.
***************
Contact : albert
800 287 8383 for detail
***************
If you are 65 now ....
To .............. single.................single
Age ............. Female ............. Male
70 ............. 95.8 % ............ 93.3 %
75 ............. 89.3 % ............ 82.8 %
80 ............. 78.6 % ............ 68.0 %
85 ............. 62.2 % ............ 49.3 %
90 ............. 40.6 % ............ 29.5 %
95 ............. 19.4 % ............ 13.4 %
Source: society of actuaries -- annuity table
for sure, females out-live males based on above data
Age ............. Female ............. Male
70 ............. 95.8 % ............ 93.3 %
75 ............. 89.3 % ............ 82.8 %
80 ............. 78.6 % ............ 68.0 %
85 ............. 62.2 % ............ 49.3 %
90 ............. 40.6 % ............ 29.5 %
95 ............. 19.4 % ............ 13.4 %
Source: society of actuaries -- annuity table
for sure, females out-live males based on above data
Sunday, March 15, 2009
Outlook for 2009-2010
*************************************************************
Devloping coutries are the choice...
namely, Brazil, Russia , India, and China (BRIC)
and US , UK and EU will suffer !
Avoid US big cap stocks, ?why?
they have problems/hard time to maintain profits .
Avoid US treasury bills, ?why?
they pay only about 2% and
US dollar value will be down in long term.
_________________________________
the old way of buy / hold is not working ,
look at C or GM or HBC or even GE ,,
big well known companies are all down ( for the last 5 yrs )
the smart way is to invest in those *niche* companies --
(green/solar energy, stem cell research) for long term gain.
the new quick way is to TRADE stocks only !
Due to the daily stock market volatility,
up and down stock price movements
will result in instant gain/loss.
>>Invest in Global Bond funds for stable income.
also,
>>>China and India economy will take over US in the future.
*********************************************
age group Vs % of stock portfolio
20-30 ..... 70%
30-40 ..... 60%
50-60 ..... 50%
60-80 ..... 20%
the above is based on risk/return ratio and time factor ratio.
Seniors should lighten up on stock holdings !!
feel free to contact:
albert 800 287 8383
Thursday, March 5, 2009
Hugh house inventory !!
As for housing which is the root of our economy problem:house price will be FLAT for years to come.......??why??
too much inventory (unsold new homes and more foreclosures)
too few qualified buyers due to layoffs and unemployed
too costly to get credit due to the credit crush
In fact,, home prices will come down MORE
so the general public can afford to buy houses again.
Do study and use follow links :
http://98.to/latogc1
http://98.to/latogc2/
http://98.to/latogc3/
http://98.to/latogc4/
http://98.to/latogc5/
http://98.to/latogc6/
http://98.to/latogc7/
http://98.to/latogc8/
http://98.to/latogc9/
http://98.to/latogc10/
http://www.bestplaces.net/
http://people-press.org/
http://www.realtytrac.com/home.asp
To join our group at NO cost ,
Contact : albert 800 287 8383
(use NY time zone)
or email to : alcheng@usa.com
Monday, March 2, 2009
Chicago Style Stimulus !
3 contractors are bidding to fix a broken fence at the White House.
One is from Chicago, another is from Tennessee, and the third is from Minnesota.
All 3 go with a White House official to examine the fence.
The Minnesota contractor takes out a tape measure and does some measuring, then works some figures with a pencil. "Well," he says, "I figure the job will run about $900: $400 for materials, $400 for my crew and $100 profit for me."
The Tennessee contractor also does some measuring and figuring, then says, "I can do this job for $700: $300 for materials, $300 for my crew and $100 profit for me."
The Chicago contractor doesn't measure or figure,
but leans over to the White House official and whispers, "$2,700."
The official, incredulous, says, "You didn't even measure like the other guys!
How did you come up with such a high figure?"
The Chicago contractor whispers back,
"$1000 for me, $1000 for you,
and we hire the guy from Tennessee to fix the fence."
"Done!" replies the government official.
And that is how the new stimulus plan will work.
One is from Chicago, another is from Tennessee, and the third is from Minnesota.
All 3 go with a White House official to examine the fence.
The Minnesota contractor takes out a tape measure and does some measuring, then works some figures with a pencil. "Well," he says, "I figure the job will run about $900: $400 for materials, $400 for my crew and $100 profit for me."
The Tennessee contractor also does some measuring and figuring, then says, "I can do this job for $700: $300 for materials, $300 for my crew and $100 profit for me."
The Chicago contractor doesn't measure or figure,
but leans over to the White House official and whispers, "$2,700."
The official, incredulous, says, "You didn't even measure like the other guys!
How did you come up with such a high figure?"
The Chicago contractor whispers back,
"$1000 for me, $1000 for you,
and we hire the guy from Tennessee to fix the fence."
"Done!" replies the government official.
And that is how the new stimulus plan will work.
Sunday, March 1, 2009
Very True !
Success is not the matter of being the best and winning the race.
Success is the matter of handling the worst and finish the race.
Don't expect a great day , make one !!!
Think and plan ahead !
It was not raining when Noah build his Ark !!!
Success is the matter of handling the worst and finish the race.
Don't expect a great day , make one !!!
Think and plan ahead !
It was not raining when Noah build his Ark !!!
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