Showing posts with label lending. Show all posts
Showing posts with label lending. Show all posts

Friday, November 20, 2009

The Best Investment for 2010-2020


The best stock investment for the next 10 years will be whichever bank/financial institution/lending company figures out a way to lend money to small businesses profitably and with little risk.

Simply put, this will be the BEST INVESTMENT of the next decade, short of a company finding a cure/treatment for cancer or heart disease. Why do I say that? The need is there in the form of ample demand, very limited supply, this/these lending companies can be extremely picky with who they have as customers, and they can get every kind of collateral they want. If they are or become publicly traded, these strong small business loans/lines will be the kind of paper Wall St and foreigners will need to buy. Something that is extremely tight with lending criteria, great assets as collateral, strong base of debtors, and above average returns on loans.

Anyone wanna weigh in or am I just nuts?

Anyways, here's a list of the top 10 stocks from 2000-2010 (or until November 2009)

Tuesday, August 25, 2009

United Subsidy of America part 2..and your Clunker is Taxable


First big surprise....trading in your clunker for 4500 dollars is TAXABLE...OOPS, talk about forgetting to tell the American consumer that....

Wow...Subprime lenders getting subsidies to write out loans..what a shocker....NOT...

lenders are eligible for taxpayer subsidies to lower the mortgage payments of distressed borrowers. Of the top 25 participants in the program, at least 21 specialized in servicing or originating subprime loans, according to the center, a nonprofit investigative reporting group funded largely by charitable foundations.

Much "of this money is going directly to the same financial institutions that helped create the sub-prime mortgage mess in the first place," Bill Buzenberg, executive director of the center, said in a statement.

For example JP Morgan Chase, Wells Fargo and Countrywide, are eligible to receive billions of dollars under the program, according to the report.