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[b]OH BROTHER[/b]…..Does this mean Starbucks will be raising the price of their [b]LOUSY[/b] coffee from $4.00 to $6.00 or more? :evil::evil:
At the [b]VERY LEAST[/b] a 25% discount assuming it is priced correctly to begin with. Too many variables. Too many unknowns. [b]PLENTY[/b] of other choices I’m certain. A [b]LOT[/b] can happen in 1 to 2 years regardless of what a great track record the developer may have.
[quote=”imxploring”]The “good” economic news last week was the job numbers report. What they failed to say was that most of the 195,000 jobs created were in sectors of the market that pay little and don’t provide for individual security or growth. THAT type of “growth” will never bring the economy around. Unemployment is a problem… UNDEREMPLOYMENT is even a bigger issue!
As to the housing market… once interest rates start to rise whatever gains housing has made will disappear.[/quote]
Agreed! We are creating more and more busboy and housekeeper and department store employee type jobs and far less manufacturing…engineering….and yes…even Wall Street type jobs. Doctors, as a profession, will also shrink as Health Care takes hold as that profession no longer holds the stature and respect it once had. BTW—Friday’s employment report was also the 3rd report in a row that showed manufacturing jobs “declining”.
Housing market improvement in the US is very geographic and the news is generally mixed. It’s still a very “[b]moderate[/b]” improvement at best with much of the newly sold properties sold to investors and speculators which alone is not enough to sustain a prolonged and deep housing recovery. Unlike others, I [b]DO[/b] believe that the recent spike in rates will begin to manifest itself in the housing data in the months ahead.
As far as employment, that [b]TOO[/b] is a mixed bag. Modest improvement at best but dissecting the jobs data yesterday shows that much of the gains were related to “temporary” and “part-time” workers. Additionally, much of the recent increases in jobs have been in [b]LOWER[/b] paying jobs, i.e. service sector. We are creating more busboy and janitor type jobs and not creating much at all in higher paying engineering or manufacturing type jobs.
I wouldn’t get too pumped up just yet.
I’ve already had that conversation with my kids that when the time comes for my final transition I want to be cremated and that they should hike up to the highest suspended bridge in my favorite rain forest and sprinkle my ashes into paradise.
You might want to start with Craigslist Costa Rica. There’s plenty of options there to get you started.
[quote=”waggoner41″][quote=”bogino”][quote=”davidd”]
does anyone have any good tips to eliminate these little buggers[/quote]Move to Alaska?[/quote]
I have three brothers and three sisters living in Alaska.
They bring down mosquitos with surface to air missles and complain about the “no-see-um’s”. :lol::lol::lol:[/quote]:lol:—:lol:Stupid me I guess. I didn’t realize Alaska had mosquito’s….that’s why my original post ended with a “?”.
[quote=”davidd”]
does anyone have any good tips to eliminate these little buggers[/quote]Move to Alaska?
Besides Craigslist there are plenty of Real Estate brokers throughout the country. Some will be involved in rentals and some will not. Google for those RE Brokerage firms and contact them about your needs and you may get some responses that might be helpful. How is your Spanish? Some of the local publications which are targeted towards Tico’s would likely offer a better selection but you’ll need to understand Spanish.
I started teaching my kids years ago the importance of learning how to save. People will no longer be able to assume the SS will be around in the years ahead and people must take it upon themselves to learn how to FEND for themselves and manage and save wisely for their futures so they don’t have to DEPEND on a system that will likely be bankrupt within a generation or so. I believe SS “can” be “reformed” if done wisely. However, politicians are way too short sighted and are ONLY concerned about the near term which is why so many bad choices are made. The math is really very simple and anyone that understands basic arithmetic should be able to figure out that at its current pace SS can not and will not survive in its present form.
[quote=”DavidCMurray”] it’s my understanding that Coopenae has recently received an infusion of cash from the Chinese.[/quote]
An “infusion” of cash would not be a good sign. An “investment” by the Chines [b]would[/b] be a good sign.
[quote=”Lotus123″]Curious how they are able to pay such high rates? Generally speaking high rate of return=higher rate of risk. Do they offer an explanation?[/quote]
In theory the bank should be “Lending” at rates higher than what they’re paying for deposits thus earning the “spread”. Alternatively, if loan demand is weak then the bank would invest in bonds. I don’t believe Costa Rica government bonds are yielding anywhere near double digit rates and I have no clue what lending rates in CR are like but, again, “in theory” the bank in order to be profitable must earn more on the deposits they’re taking in versus what they’re paying.
Some banks will offer “promotions” whereby they pay a higher than market rate and are actually losing money in order to attract deposits which could be a result of a strong economy and strong loan demand or it may also be a bank that “has issues” and is having a hard time taking in deposits which forces them to pay a higher rate.
The question is a valid one and in this specific case one would actually have to read through the bank’s balance sheet and financial statements in order to determine how they are managing their funding.
