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770,724 comments by 11,155 registered users, 9 online now: anotheraccount, astronut97, BlueSardine, Blurtman, Booger, freespeak, iwog, PCGyver, storm1
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Your whole life is summarized by the credit card you carry.

You have your debit card,
you have your no benefit credit card,
you have your gold, platinum and black card.

My old boss and father-in-law carries the Amex Black, which inspires me to work on the same. It says a lot about yourself and what you demand of yourself. Some poeple want surf and turf, some wants caviar and Foie Goie yet some just want a full stomach.

What do you want in your wallet?

joined 2009 Dec 2, 1:11pm   United States 72 posts   1,084 comments   following x   ignore ignoring SFace x ignore

using line of credit to buy now
by SFace in #misc   23 comments, latest 3 months ago
e-man, thoughts and what are you seeing with others with tremendous equity from their primary and can buy a place or two in cheaper areas with their line? Obviously the...

by SFace in #politics   116 comments, latest a year ago
This is a stock I have been following closely for a long time. Bought when Soros bought and sold before the last earning and made 40% in one month. I...

10 reasons debunked #5
by SFace in #housing   28 comments, latest 2 years ago
"5.Because buyers used too much leverage. Leverage means using debt to amplify gain. Most people forget that debt amplifies losses as well. If a buyer puts 10% down and the...

10 reasons debunked #3
by SFace in #housing   6 comments, latest 2 years ago
"3.Because it's a terrible time to buy when interest rates are low, like now. House prices rose as interest rates fell, and house prices will fall if interest rates rise...

10 reasons debunked #2
by SFace in #2   10 comments, latest 2 years ago
"2.Because it's usually still much cheaper to rent than to own the same size and quality house, in the same school district. In rich neighborhoods, annual rents are typically only...

10 reasons debunked #1
by SFace in #1   6 comments, latest 2 years ago
First one: "1.Because house prices are in expensive areas still dangerously high compared to incomes and rents. Banks say a safe mortgage is a maximum of 3 times the buyer's...

Christie & Social security reform (
by SFace in #misc   Posted 3 years ago
"As part of the plan, he'll propose phasing out Social Security payments for those making more than $80,000 in other income and eliminating them for those making $200,000 or more...

Oakland minimun wage
by SFace in #misc   Posted 3 years ago
On march 1, 2015, it would be the highest in the nation (for 60 days at least), at $12.25/hr. A whopping jump from $9. Let's see how that affects business...

Long Apple
by SFace in #misc   69 comments, latest 3 years ago
Apple has been strangely quiet since iPhone 5. Everyone knows Sep-Dec is Apple domination quarter and for end of 2013 it will be especially plentiful. Here is what a lot...

10 reasons debunked #9 (
by SFace in #misc   25 comments, latest 3 years ago
"Because boomers are retiring. There are 70 million Americans born between 1945-1960. One-third have zero retirement savings. The oldest are 66. The only money they have is equity in a...

10 reasons debunked #4
by SFace in #4   Posted 3 years ago
"4.Because buyers already borrowed too much money and cannot pay it back. They spent it on houses that are now worth less than the loans. This means most banks are...

Doubled up on FB
by SFace in #misc   126 comments, latest 3 years ago
Love what they are doing with Mobile and they figured out how to put ads on a phone in a targeted and discreet way (as part of a feed.) Really,...

My Experience with Lyft
by SFace in #misc   37 comments, latest 3 years ago
So me and my wife decided to try Lyft after a dinner night out at Mission District. (impossible to park) We loaded the the lyft app previously, posted the the...

Stock picks March 13, 2014
by SFace in #investing   11 comments, latest 3 years ago
Added the following today Yahoo@ 37.23 I believe there is a place for Yahoo in mobile advertising dominated by Google and Facebook. Marissa is an ex Google so she knows...

Short Groupon?
by SFace in #misc   25 comments, latest 4 years ago
I lot of people seems to think Groupon is spectacularly hyped, a company that adds little value relative to their valuation, which I generally agree. However, there's lots of interest...

fertilizer Cartel WTF
by SFace in #misc   1 comment, latest 4 years ago
I was looking at the demise of Potash ("POT") Long story short, a key partner opt out of a price fixing cartel, apparently this has gone for a while Potash...

Diamond Foods
by SFace in #misc   7 comments, latest 4 years ago
This is a stock that is being accumulated quietly. It's been on my radar as a San Francisco company and the accounting scandal that was strightened out last year. They...

Famous consumer brands in America by state
by SFace in #misc   11 comments, latest 4 years ago
get off of interest rates, gold/bonds a little bit. Saw this neat map that shows the most recognizable brand coming from each respective states. Missing Hawaii, but I would think...

Fiserv - Moody's Case-Shiller Forecast - SFBA
by SFace in #misc   145 comments, latest 4 years ago
Case-Shiller lags anywhere from 3-5 months at the field level., but... Companies (particurarly banks) pay a lot of money to access subscription services generated by Fiserv and Moody's. Their good...

CA prop 13 and Step up basis is a lethal combination
by SFace in #misc   21 comments, latest 5 years ago
This is a real situation: A long-time San Francisco homeowner bought their house in the 70’s. 50K or so, property tax is less than 2K a year in 2013. Property...
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