financial aid and rants and raves

It's been a while since I've posted, and things have not changed much. Still, it's pretty cool to be able to write something with the possiblity that the whole world could read it; although to date that has not been the case. Anyway, I'm now the owner of my own business; I do not have a plan or even really an idea of what I want to do. Still, dropping $35 motivates me to do more and follow up with my plan: 10 more years and retire. (Again: only if no wife or kids....) I've also taked to my brother, and his idea fits in well with my plan: buy multi-families in Southern Westchester as the bottom falls out of the market. This drop is coming too, and people who have been cashing out their equity are in for a serious shock. People wtihs ARM's are also in serious trouble. It's funny; Greenspan would come out with non-statements and the markets were fine, even if everyone knew what the Fed was going to do. This new guy states the simple truth, and stocks tumble. It's a truism I've read elsewhere: if you are not getting dividends, stocks are no better an investment than baseball cards. Actually, baseball cards may have a better rate of return. The point is: that worm is turning, so to speak. Real estate is no longer the great investment it was even 2 years ago, and as usual, the common investor came in much too late ot really benefit. Bleh... it's late. More tomorrow.