Shortly after publishing my book I was in New York City and did a brief interview with Gregg Greenberg from TheStreet.com which was quite fun and then I had a meeting with investment legend Howard Marks which was such a treat. He was kind enough to write a testimonial for the book and made the time to let me thank him personally.
…
The last few weeks have been a good representation as to why I have an aversion to fixed-rate loans when doing a refinance or an acquisition. Assuming fixed rate loans from sellers when acquiring properties, however, is a different story and worthy of its own write up so I won’t address the distinctions here.
…
What a difference one week makes. Last week I was concerned that the 10-year Treasury note yield had breached its previous cycle peak. I used some questionable, but fancy statistical analysis to justify that the peak I should really be worried about was 3.16% versus the previous cycle peak of 3.04%.
…
Gary Carmell
Posted in Economy, Interest Rates, Investing, Manufacturing, Market Bubbles, Uncategorized, Wealth
1 Comment ↓
Maybe I’m writing about the dollar because I’m traveling abroad soon so it affects my pocketbook. It could also be due to the rather shockingly overt talking down of the dollar by Treasury Secretary Steve Mnuchin in Davos.
“Obviously a weaker dollar is good for us as it relates to trade and opportunities,”
…
Like many other investors I am a big fan of Seeking Alpha as it is a terrific resource to research companies, markets, and to get a wide variety views regarding important economic, societal, and business trends. One of the most prolific writers there who I follow is Jeffrey Snider.
…
One of the principal reasons I have been in the camp of interest rates remaining low for many years to come relates to demographics. I have always thought that Japan is the canary in the coal mine in terms of being on the leading edge of a rapidly aging society and how this filters through to lower interest rates.
…
Gary Carmell
Posted in Economy, Interest Rates, Investing, Market Bubbles, News, Trends
No Comments ↓
Is Mortgage Credit Too Tight – Ask Ben Bernanke
I must admit that I found it quite interesting (and entertaining) to read that Ben Bernanke could not refinance his house in Washington D.C. According to the article,
Bernanke already has refinanced twice. When the former Fed chair and his wife Anna bought their Capitol Hill rowhouse in May 2004,
…
Gary Carmell
Posted in Apartments, Economy, Interest Rates, Investing, Stock History, Wealth
2 Comments ↓
As 2015 opens, like many of you, there are numerous questions I am pondering.
2015 Questions I’m Pondering
Oil
…
Gary Carmell
Posted in Advice, Economy, Interest Rates, Investing, News, Stock History, Wealth
No Comments ↓
I am always interested in investments that perform very well for long periods of time. I periodically look back on stocks that were the best performing over ten year periods to see if there are any common characteristics of stock history that can help me make better investment decisions in the future.
…
International travel calls so this blog will be on the shorter side. It is fairly well known from research and the school of hard knocks that we are our own worst enemies when it comes to investing. Our emotions, particularly fear and greed, often lead us to buy towards the top and sell when it is closer to a bottom.
…