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Archive for February, 2008

Bernanke Fails to Cut Mortgage Loan Rates for Most Americans

Feb. 26 (Bloomberg) — Ben S. Bernanke, who has reduced interest rates faster than any Federal Reserve chairman since 1982, is failing to bring down the cost of credit for most American homeowners. What a coincidence.  Bloomberg posted the following article about an hour after my last post.

Falling Knives and Real Estate

It is interesting how investors often use one set of rules for securities investments, and an entirely different set for real estate.  Safety and diversification are essential… except for real estate.  $50,000 is invested in ten different index funds (never margined, because margin in dangerous), but $3 million is invested in one property, with an [...]

Please excuse the site

I am in the process of creating a sister site at www.independentschoolfinance.com that will contain the institutional and not-for-profit information.  Once that is complete, both sites should be better organized and updated regularly.  This should be done next week.  Thanks.