Entries Tagged as 'General Finance'
After watching my Stock Slayer Portfolio continue to perform well, I decided it was time for yet another recalibration! I’ve updated my buy, sell, hold recommendations in my latest article on Jim Cramer’s TheStreet.com. Read here:
http://www.thestreet.com/story/10605332/1/sp-500-slayer-fund-gets-job-done.html
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Tags: General Finance · Sumichrast Stock Pick
Bank of America’s stock price used to be $53 dollars, then plummeted to $3, and now rebounds to $13. When put into black and white, the “rebound” has little comfort. I got the same feeling when I read this article about home pricing rebounds at http://news.yahoo.com/s/ap/20090727/ap_on_bi_ge/us_new_home_sales. This is the reality with June’s new home sales [...]
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Tags: General Finance · Real Estate
Part II of the Starbling Loan Modification Process – A Personal Look Into the Country’s Loan Modification Crisis
I really don’t want to be dramatic about a subject that is so serious. But my sense is that in today’s day and age, without drama, there is no real news coverage. While every network in America covered [...]
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Tags: General Finance · Loan Modification · Real Estate
What lender is dumb enough to modify a home loan and not reduce the monthly payment for the homeowner? How about almost everybody! When you are bleeding to death, the doctor doesn’t suggest an IV! The first order of business is to stop the bleeding. So, why in the world would a lender modify a [...]
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Tags: General Finance · Loan Modification · Real Estate
After observing the struggle of today’s homeowner, I began working with attorneys and homeowners on a personal level to help them navigate the loan modification process with lenders. Through this process, I’ve gained inside knowledge of tips and tricks that I want to share with everyone.
Faced with an impossible choice of giving up their home [...]
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Tags: General Finance · Real Estate
A Case Study of a Trapped Homeowner
Several weeks ago I went to my 25th high school reunion at my alma mater, Georgetown Prep, in Bethesda, Maryland. A classmate of mine, who is a reader of The Sumichrast Report, asked me for advice. His brother-in-law, Jeff, is upside down on his house and wanted to know what options [...]
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Tags: General Finance · Real Estate
If you haven’t had a chance to see it, I urge you to take the 3.5 minutes and watch the short speech by Daniel Hannan, a conservative MEP for South East England, during Gordon Brown´s visit to the European Parliament on March 24, 2009.
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Tags: General Finance
I’d like to share with you all an article I wrote for TheStreet.com which was posted today. I outlined how energy initiatives in China have now presented some US investment plays. A market to definately keep an eye on. Enjoy! http://www.thestreet.com/story/10473318/1/china-energy-initiatives-create-opportunity.html
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Tags: General Finance
I would urge anybody wondering how to understand the economic mess and what we need to do to get out of it, to watch JP Morgan’s CEO, Jamie Dimon’s speech today at the US Chamber of Commerce (3/11/09).
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Tags: Entrepreneurship · General Finance · Real Estate
December 29th, 2008 · 1 Comment
Will the Next 20 Years Be More of the Same?
The day after Thanksgiving is usually reserved for my annual trek to the attic. Christmas lights, ornaments, bows and extension cords are on my mind. What I wasn’t thinking about was the state of our nation and the challenges we face. When I opened a box [...]
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Tags: General Finance · Real Estate