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Arn

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Posts posted by Arn

  1. Florida RE buyers need A1 Credit Rating and 20% deposit>

    Cash purchase and refi possible after 12 month wait.

    However the wall of unsolds is vvv high plus now communities based around a golf course are in touble as the Country Clubs close down due to overlevraging. Communities though do get together and buy the club to keep them going. Hard work but a local solution. If they did not they zould see another 20% drop in value for a house near a closed country club.

     

    Arn

    Get rid of the US no recourse home loan

     

  2. Think I may have found a beauty:

     

    Precision Drilling - an income trust in the oilfield services sector.

     

    PE Ratio 5.73 ; Divident yield of 13.77%

     

    http://www.precisiondrilling.com/

     

    Chart looks to have found a bottom after a Bubb ABC correction and is now sitting on topo of 21 and 55 dmas at a potential inflection point.

     

    CHART

     

    Anyone know it?

     

    Still happy with Precision?

    Are the dividends consistent enough?

    They are investing for the future

    http://www.answers.com/main/ntquery?dsid=2...0-E01D14C8EEE0}

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