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I didn’t read the whole thread.. but having fixed mortgages at 4.8 - 5.5%, I would agree with the man. My 401k and my CD accounts yield more than that.
When fixed mortgages were at 4.8 - 5.5%, CDs were paying less than that.
If you have fixed your rate at 4.8%, of course you can invest at a higher rate now.
If I had purchased MSFT in the 80's, things would have been quite different for me. :)
"They sell king crab legs for less than $12/lb!"
Is that cheap? Are they any good?
The rich Republican donors like the Waltons may think they got the oppressed masses controlled by religion and fear, but that can be a risky move.
The oppressed people are oppressed by themselves - their own oppressive mindset and thinking.
Is that cheap? Are they any good?
I have not tried yet. :(
But they also sell lobster tails for about $25/lb. Not cheap, but reasonable.
Their lines are too long though. I can only tolerate going their on weekdays. Luckily, there is one near my office.
"If I had purchased MSFT in the 80’s, things would have been quite different for me. "
Why didn't I buy Berkshire Hathaway shares in the early 70's?!?!?!
I'm not a big seafood person. For shrimp and fish I prefer to dredging in tapioca flour and pan fry in canola. Steaming for all crustaceans, lobster, clams, and crayfish. Salmon and trout are salted and pan broiled.
I've never wine poached anything. I'm still trying to figure out what wine poaching is (though I assume it does not involve carrying a gun into a vineyard).
I’ve never wine poached anything.
Something like this:
http://www.marthastewart.com/page.jhtml?type=content&id=recipe790024
RE: seafood
When in doubt, eat raw. :)
* Not dietary advice. Consuming raw or undercooked seafood can be harmful to your health.
I am having a vision of king crab risotto with green pea puree. Perhaps I should cook that soon...
That sounds good. Though it'll be while before I can afford to test out such a dish (I may have to take up the other kind of wine poaching to afford this wine poached scallop).
I've only had good scallops once (nobody bothers to take to good seafood restaurants), that was in Dalian. It was live and 60 cents a kilo, we steamed it and it turned out really good. Otherwise, it doesn't do much for me.
That sounds good. Though it’ll be while before I can afford to test out such a dish (I may have to take up the other kind of wine poaching to afford this wine poached scallop).
I think Trader Joe's has some good scallops. You do not need too many of them.
However, you may also want to try searing the scallops.
I heard that Dalian is a seafood heaven.
Do you like oxtails? I am also thinking of combining an oxtail soup recipe into one with risotto.
Wouldn't risotto be kind of waste for king crab? I find dungeness crabs to be very good and cheaper. It's not as sweet as blue crabs, but much easier to eat.
I like eating shrimp (or some other white fleshed sea fish) with hot rice congee. That cooks the shrimp quickly and compliments the delicate texture of the shrimp.
I tried TJ frozen seafood once. Never again!
I may have had oxtail once, but I don't remember what it tastes like. Tails and necks are too much work.
Wouldn’t risotto be kind of waste for king crab? I find dungeness crabs to be very good and cheaper. It’s not as sweet as blue crabs, but much easier to eat.
Not really. King crab meat is quite firm so it should do fine. Dungeness crab meat is quite delicate and it can "disappear" in the rice. :)
Blue crab is sweet!
Congee is a good way to cook seafood. Adding clams is the easiest way to bring more flavor to the soup.
I tried TJ frozen seafood once. Never again!
Costco has good scallops too.
Tails and necks are too much work.
Meat should fall off of the oxtails and it is quite tender. I do not usually eat neck.
My fellow Patrick.net bloggers,
I could use your help/ideas . Patrick is now interested in doing a CafePress-style storefront to merchandise Patrick.net themed T-shirts, hats, mugs, etc., but is not too keen on on the per-unit price CafePress charges. The "base price" (CafePress's cut) on each t-shirt is $8.99.
Does anyone out there know of another merchandising/storefront site that does the same thing but takes a slightly less gargantuan cut? I'm new to this game and any constructive suggestions would be much appreciated. Thanks.
Clams are good. Though a good chunk of my family got Hep A through an unfortunate batch of raw clams once. So we always get a little paranoid around clams. We do cook with mussels a lot.
Have you ever tried really small softshell clams? They're called sea melon seeds and they're the size of pumpkin seeds. It's good beer food.
"Costco has good scallops too."
Thanks for the tip. They have good frozen dungeness crabs and mussels too.
Clams are good. Though a good chunk of my family got Hep A through an unfortunate batch of raw clams once. So we always get a little paranoid around clams. We do cook with mussels a lot.
I believe there is a vaccine for Hep A.
Have you ever tried really small softshell clams? They’re called sea melon seeds and they’re the size of pumpkin seeds. It’s good beer food.
Perhaps I have tried that in miso soup, but I am not too sure. I usually cook clams in a wine/beer/sake broth. I do not prepare raw seafood at home.
They have good frozen dungeness crabs and mussels too.
I will try. I saw them at $4/lb. It takes some work to get the meat out though. A hammer would be useful.
It was about twenty years ago in China. And I do try to keep my Hep A and Hep C vaccines current when I travel to China, just in case.
I haven't had sea melon seeds raw. They're good sauteed with a little rice wine, scallion and ginger.
I don't have much trouble with dungeness crabs. A seafood cracker might be helpful. The blue crabs are a pain though, especially the claws.
I haven’t had sea melon seeds raw.
I only had cherrystone and littleneck clams raw. They taste very good with mignonette sauce.
The blue crabs are a pain though, especially the claws.
I had blue crabs once but I was more interested in the crab roe.
There seems to be a positive correlation between cholestestrol and taste. :)
Blue crab roe is yummy. East Coast blue crabs taste a lot like Yangtze hairy crabs. The roe gets used like truffle, they use it to flavor many meat and vegetable dishes. Late September and October are very good times for crabs.
Blue crab roe is yummy.
Yes. The roe was so good that forgot the crab had claws.
how are crabs and housing alike??
At this time, they both walk sideways.
When management asked people to stay late and work weekends, the H1-B’s always obliged fearing about being sent home. So, then I have to work the extra time because the H1-B’s will seldom say no, I’m not mad at them I came here on a visa also.
You do not have to do what they do. Perhaps you need another job. One should not have to put up with abusive management. You know, expectation does not necessarily have to be fulfilled.
When management asked people to stay late and work weekends, the H1-B’s always obliged fearing about being sent home.
One can also have two cellphones and turn off the business line after work. The most overworked employees are not necessarily H-1Bs. They tend to be people who do not see a purpose in themselves. Consequently, they think work is all they have.
Go to a sushi bar and you will know there is more beyond work. :)
One of the cafeteria’s at work had oxtail soup just last week. I had never had it before, so I took some. I won’t be trying it again.
Huh? Do not judge food in a cafeteria. It should be presumed bad unless proven otherwise.
But now, I don’t care anymore, a job is just that, read the CNN/Money blog about how people got fired, sad stories but abusive management are alive and well.
If you have politically savvy bosses, you will not be laid off.
I am glad that you have realized "a job is just that".
“I’m sorry, but I forgot that you’re on the list alsoâ€
So what? This just illustrates that it is important to have enough saving to survive a temporary setback. Once that stress is gone, it is much easier to approach things.
It is just that I didn’t like the oxtail soup myself.
Perhaps. It is... different.
Record foreclosures in Sydney: doubled since 2002...
"At Annandale, a "mortgagee in possession" house, bought 18 months ago for $750,000 was up for auction. But only a handful of interested parties went looking for a bargain.
The Susan Street home passed in at auction without attracting a single bid. Before the auction, Century 21 City West principal Matthew Meynell expected the three-bedroom, two-bathroom strata home to sell for about $550,000.
Afterwards, a potential buyer offered a mere $330,000."
They tend to be people who do not see a purpose in themselves. Consequently, they think work is all they have.
Go to a sushi bar and you will know there is more beyond work.
how are crabs and housing alike??
At this time, they both walk sideways.
very wise today, peter p :P
Also from that article:
It's not the only repossessed home in the popular inner-west. "There are a couple coming up and we have another in Annandale in a few weeks," Mr Meynell said. "I think some people overcapitalised and it has been very easy for people to borrow money.
The RE agents feign surprise that the RE market could collapse, 2 years after they were telling people 'it only goes up', and developers agents would put a 'conservative' 7% annual growth for 20 years into their projections to convince investors to buy... and they blame 'interest rate hikes' as the problem - so they can blame the Fed... altho lowered interest rates can only lead to a one-off price hike, and that will inevitably be undone when they go up again...
maybe it's time to use a hieronymous bosch graphic for a thread to show capitalist boom/busts? just watched a show on it -- particularly the hell scene from the paradise tryptich...
I haven't had a chance to peruse it yet, but today's Sunday NYT has a "new" magazine section (very thick): "Keys" or something like it - all about real estate! Should make for interesting bathroom reading later today.
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Some notorious quotes --like events-- represent pivotal moments that should never be forgotten. They should be preserved for posterity and passed along to future generations to serve as a warning. Some of the crap the REIC (Real Estate Industrial Complex) has been spewing for the last 5 years meets this lowly standard of putrescence.
Whenever these shills try to reverse course, change their tunes or revise history in the face of (now undeniable) evidence that their empire is crumbling, these quotes should be trotted out and rubbed in their lying, ugly faces at every opportunity.
Here are some of my infamous favorites:
Source: L.A. Times (August 28, 2005)
“Equity Is Altering Spending Habits and View of Debtâ€
Source: Federal Reserve Board (February 23, 2004)
Remarks by Chairman Alan Greenspan: Understanding household debt obligations
(just as Greenspan was preparing to start RAISING rates from 1%)
Source: N.Y. Times (March 25, 2005)
Trading Places: Real Estate Instead of Dot-Coms
Source: CNN Money/Fortune (February 13, 2006)
A tale of two markets
Source: N.Y. Times (October 16, 2005)
Chasing Ground
Bob Toll (President of Toll Brothers):
Source: N.Y. Times (March 25, 2005)
Trading Places: Real Estate Instead of Dot-Coms:
Source: Planet Jackson Hole (September 6, 2006)
Un-Real Estate
Source: Contra Costa Times (September 13, 2006)
Housing bubble may spare East Bay
Source: WILX.com (January 10, 2007)
Housing Market Recovery?
Source: newspress.com (January 24, 2007)
Low bids take glow off property auction
Source: Monterey County Herald (June 29, 2006)
Reaching The Dream Without Moving In California
Source: brisbanetimes.com (September 3, 2008)
Sky's no limit for property prices
Please post some of your own favorite "pearls of wisdom" you feel are especially worthy of remembrance.
HARM
#housing