Comments on: A Free Investment Tip For My Loyal Readers http://informedspeculation.com/2006/03/14/a-free-investment-tip-for-my-loyal-readers/ Refunds Cheerfully Given To All Who Disagree Sat, 07 Apr 2012 09:00:47 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Decision ‘08 » Blog Archive » I Was Right… http://informedspeculation.com/2006/03/14/a-free-investment-tip-for-my-loyal-readers/comment-page-1/#comment-324391 Decision ‘08 » Blog Archive » I Was Right… Sat, 04 Aug 2007 15:41:21 +0000 http://decision08.net/2006/03/14/a-free-investment-tip-for-my-loyal-readers/#comment-324391 [...] to being wrong in many of my prognostications, but this one, I saw coming.  On March 14, 2006, I had this to say: I have no money to speak of, so for those of you who do, I offer this bit of advice, free and [...] [...] to being wrong in many of my prognostications, but this one, I saw coming.  On March 14, 2006, I had this to say: I have no money to speak of, so for those of you who do, I offer this bit of advice, free and [...]

]]> By: Muffin the Cat http://informedspeculation.com/2006/03/14/a-free-investment-tip-for-my-loyal-readers/comment-page-1/#comment-14285 Muffin the Cat Thu, 16 Mar 2006 03:01:03 +0000 http://decision08.net/2006/03/14/a-free-investment-tip-for-my-loyal-readers/#comment-14285 You're right. For whatever reason, Half Moon Bay stuck in my mind. Getting old I guess. It's been about two years since I have visited. It is a cool Taco Bell to go to just off the ocean. You’re right. For whatever reason, Half Moon Bay stuck in my mind. Getting old I guess. It’s been about two years since I have visited. It is a cool Taco Bell to go to just off the ocean.

]]> By: peter http://informedspeculation.com/2006/03/14/a-free-investment-tip-for-my-loyal-readers/comment-page-1/#comment-14282 peter Thu, 16 Mar 2006 02:13:40 +0000 http://decision08.net/2006/03/14/a-free-investment-tip-for-my-loyal-readers/#comment-14282 The Taco Bell is up in Pacifica, about ten miles North of Half Moon Bay -- we now live in Belmont, which is about ten miles due East of HMB (I'm about a mile from the intersection of routes 92 and 280) -- let me know when you are in town, you can meet our two cats -- The Taco Bell is up in Pacifica, about ten miles North of Half Moon Bay — we now live in Belmont, which is about ten miles due East of HMB (I’m about a mile from the intersection of routes 92 and 280) — let me know when you are in town, you can meet our two cats –

]]> By: Muffin the Cat http://informedspeculation.com/2006/03/14/a-free-investment-tip-for-my-loyal-readers/comment-page-1/#comment-14279 Muffin the Cat Thu, 16 Mar 2006 01:12:48 +0000 http://decision08.net/2006/03/14/a-free-investment-tip-for-my-loyal-readers/#comment-14279 Peter, You live in Half Moon Bay. How close are you to that Taco Bell by the ocean? I'll be out there in June. Peter,

You live in Half Moon Bay. How close are you to that Taco Bell by the ocean? I’ll be out there in June.

]]> By: peter http://informedspeculation.com/2006/03/14/a-free-investment-tip-for-my-loyal-readers/comment-page-1/#comment-14268 peter Wed, 15 Mar 2006 22:45:19 +0000 http://decision08.net/2006/03/14/a-free-investment-tip-for-my-loyal-readers/#comment-14268 Half Moon Bay is the town I lived in -- and I could hit a golf ball from my back lawn to the water -- sigh -- Half Moon Bay is the town I lived in — and I could hit a golf ball from my back lawn to the water — sigh –

]]> By: dmac http://informedspeculation.com/2006/03/14/a-free-investment-tip-for-my-loyal-readers/comment-page-1/#comment-14265 dmac Wed, 15 Mar 2006 22:31:31 +0000 http://decision08.net/2006/03/14/a-free-investment-tip-for-my-loyal-readers/#comment-14265 I used to make the drive to Half Moon Bay when I worked out of my start - up's offices in Redwood City, and had a few hours to spare. I used to make the drive to Half Moon Bay when I worked out of my start – up’s offices in Redwood City, and had a few hours to spare.

]]> By: peter http://informedspeculation.com/2006/03/14/a-free-investment-tip-for-my-loyal-readers/comment-page-1/#comment-14253 peter Wed, 15 Mar 2006 20:01:01 +0000 http://decision08.net/2006/03/14/a-free-investment-tip-for-my-loyal-readers/#comment-14253 Palo Alto is outrageously expensive (even by California standards) because it has a terrific school system, as Steve Jobs and other residents made a substantial donation to fund the schools. Mountain View and Los Gatos are also expensive (e.g., three bedroom homes start at one million or so) but not as bad. The only bargains (using the term relatively) are on the coast, as a lot of people want to avoid the fog. When I moved here from New York, I was able to rent a four bedroom house on the beach for less than I was paying for a two bedroom apartment in Manhattan. My wife got tired of the fog, so we bought a house in San Mateo in 1998, when things were expensive but not ridiculously so. I liked living at the beach better – nothing beats listening to the waves as you go to sleep -- Palo Alto is outrageously expensive (even by California standards) because it has a terrific school system, as Steve Jobs and other residents made a substantial donation to fund the schools. Mountain View and Los Gatos are also expensive (e.g., three bedroom homes start at one million or so) but not as bad. The only bargains (using the term relatively) are on the coast, as a lot of people want to avoid the fog. When I moved here from New York, I was able to rent a four bedroom house on the beach for less than I was paying for a two bedroom apartment in Manhattan. My wife got tired of the fog, so we bought a house in San Mateo in 1998, when things were expensive but not ridiculously so. I liked living at the beach better – nothing beats listening to the waves as you go to sleep –

]]> By: dmac http://informedspeculation.com/2006/03/14/a-free-investment-tip-for-my-loyal-readers/comment-page-1/#comment-14252 dmac Wed, 15 Mar 2006 19:24:58 +0000 http://decision08.net/2006/03/14/a-free-investment-tip-for-my-loyal-readers/#comment-14252 Perhaps we'll see a continuation of the micro - markets there, Peter. My friend works mostly in Palo Alto, Los Gatos and Mountain View, where most of the tech stock option holders want to live. Many of his recent clients bought their homes in advance of the first Google options becoming vested, since they knew that those folks would be bidding up the prices there exponentially. I almost moved there ten years ago, and was stunned at the prices at the time. Can't imagine what it would be like at the present - and you're quite right, there's no available land to build on anymore. Perhaps we’ll see a continuation of the micro – markets there, Peter. My friend works mostly in Palo Alto, Los Gatos and Mountain View, where most of the tech stock option holders want to live. Many of his recent clients bought their homes in advance of the first Google options becoming vested, since they knew that those folks would be bidding up the prices there exponentially.

I almost moved there ten years ago, and was stunned at the prices at the time. Can’t imagine what it would be like at the present – and you’re quite right, there’s no available land to build on anymore.

]]> By: peter http://informedspeculation.com/2006/03/14/a-free-investment-tip-for-my-loyal-readers/comment-page-1/#comment-14246 peter Wed, 15 Mar 2006 17:08:26 +0000 http://decision08.net/2006/03/14/a-free-investment-tip-for-my-loyal-readers/#comment-14246 I read about a hedge fund manager known for his prescience who sold his condo in San Francisco and rented instead. If I were smarter, I would probably do the same. However, I really like my house, it has some great trees, and it’s across the street from where my kid will go to middle school. However, if I were moving here for the first time, I would rent without a doubt. The Bay Area is unusual in that there is virtually no land to build on – I live on a peninsula surrounded by water, in San Mateo county where about half of the land is owned by the state or the government and hence undeveloped. So my guess is that even if the demand decreases, housing prices won’t collapse, they will just be flat to slightly down. Right now, buyers and sellers are playing chicken: housing prices are flat, but the amount of time a house is on the market is on the increase. Early warning sign of a bust? We’ll see… I read about a hedge fund manager known for his prescience who sold his condo in San Francisco and rented instead. If I were smarter, I would probably do the same. However, I really like my house, it has some great trees, and it’s across the street from where my kid will go to middle school. However, if I were moving here for the first time, I would rent without a doubt.

The Bay Area is unusual in that there is virtually no land to build on – I live on a peninsula surrounded by water, in San Mateo county where about half of the land is owned by the state or the government and hence undeveloped. So my guess is that even if the demand decreases, housing prices won’t collapse, they will just be flat to slightly down. Right now, buyers and sellers are playing chicken: housing prices are flat, but the amount of time a house is on the market is on the increase. Early warning sign of a bust? We’ll see…

]]> By: Mark http://informedspeculation.com/2006/03/14/a-free-investment-tip-for-my-loyal-readers/comment-page-1/#comment-14245 Mark Wed, 15 Mar 2006 17:01:26 +0000 http://decision08.net/2006/03/14/a-free-investment-tip-for-my-loyal-readers/#comment-14245 David, I've considered opening the blog to contributors, but I haven't made any decisions yet... David, I’ve considered opening the blog to contributors, but I haven’t made any decisions yet…

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