HomeOne program to remove any income requirement for loan applicants

[Binary LogicParticipant 2351]

Yes. According to studies (and hard numbers), the housing market operates in predictable cycles. The next crash (pending any major war, between nations) is due to hit in 2021.
And when I read s~~~ like this “HomeOne program to remove any income requirement for loan applicants” it almost makes me wonder rather or not economists, politicians, or the powers that be do this type of nonsense on purpose.

I am now of the mindset that the likely-hood of something bad happening far outweighs the potential that something good well, and I balance, wager, and manage my income, risk, and portfolio accordingly.

Funny, isn't it? How women thrive on a mans time, attention and resources, while simultaneously telling him he isn't enough...

[Binary LogicParticipant 2351]

Collateralized debt obligations (CDOs), are a Wall street “invention” that allowed companies to off-load thousands of High-Risk Bundled Mortgages to unsuspecting investors like Pension Funds and Municipalities, deeming them “AAA Securities”. This is a large contributor to the 2008 financial and housing market crashes.

Banks have now renamed these CDO’s, “Bespoke Tranche Opportunities”. Same concept, same management, different name.
Coupled that, with the above aforementioned loan application requirement, and you have another financial storm brewing.
“Be opportunistic while others are fearful/reserved, be reserved when others are opportunistic.” -Warren Buffet.

Funny, isn't it? How women thrive on a mans time, attention and resources, while simultaneously telling him he isn't enough...

[Secret Agent MGTOWParticipant 22529]

Binary Logic wrote:

Yes. According to studies (and hard numbers), the housing market operates in predictable cycles. The next crash (pending any major war, between nations) is due to hit in 2021.
And when I read s~~~ like this “HomeOne program to remove any income requirement for loan applicants” it almost makes me wonder rather or not economists, politicians, or the powers that be do this type of nonsense on purpose.

I am now of the mindset that the likely-hood of something bad happening far outweighs the potential that something good well, and I balance, wager, and manage my income, risk, and portfolio accordingly.

Its on purpose to make those that are responsible and self sufficient, less so. It hurts them the most by killing pensions and investments, ie savings vehicles, the poor have none. If they raised taxes the poor scream, and they might get tossed out of office. Its how they attack savings of people trying to plan for their futures.

Women want everything, but want responsibility and accountability for nothing.

[Anonymous 5]

The AAA classification was the key to the 2008 swindle.
None of those Pension funds, Municipalities or any other investor worldwide would have touched them if they weren’t totally and fraudulently misrepresented due to undue influence by the financial system.

The same financial system and the same credit classification system by the same rating companies are still making the rules of the game today.

The next big crash will be another fabulous windfall for the people pulling the financial system strings, just the same as the last one was.

[TsarParticipant 393]

As a finance major this is just f~~~ing terrifying levels of stupidity

“A time is coming when men will go mad, and when they see someone who is not mad, they will attack him, saying, ‘You are mad; you are not like us.'”

[Binary LogicParticipant 2351]

So now my next question is.. where do I stash the cash. Guess I’ll wait for the super-low interest rates to hit before snapping up property…

Maybe I should go look at what industries did well during the crash and go into investing that route. Can’t actually do Put Options don’t fit the need.. and not even remotely enough money for CDSs..so..idk. I’ll figure it out. All I know is I’m going to make this work in my favor..

Funny, isn't it? How women thrive on a mans time, attention and resources, while simultaneously telling him he isn't enough...

[Anonymous 12]

It’s like the folks in charge want the poor to borrow more than they can afford to pay back. Then screw them over on the interest and when they can no longer make the payments you take the house off them!

Everyone wins!!!

[BeerParticipant 11832]

Binary Logic wrote:

So now my next question is.. where do I stash the cash. Guess I’ll wait for the super-low interest rates to hit before snapping up property…

Maybe I should go look at what industries did well during the crash and go into investing that route. Can’t actually do Put Options don’t fit the need.. and not even remotely enough money for CDSs..so..idk. I’ll figure it out. All I know is I’m going to make this work in my favor..

My general rule of thumb if I’m looking for somewhere “safe” to invest…if I had to cut my spending 50%, which bills would I pay first. Invest in companies that supply those things.

[Binary LogicParticipant 2351]

Beer wrote:

My general rule of thumb if I’m looking for somewhere “safe” to invest…if I had to cut my spending 50%, which bills would I pay first. Invest in companies that supply those things.

Sounds pretty damned solid to make. Thank you for the insight. I’ll run numbers, correlate them with past performance during tumultuous times, and see what I come up with.

Funny, isn't it? How women thrive on a mans time, attention and resources, while simultaneously telling him he isn't enough...

[Can’t Stump TrumpParticipant]

Beer wrote:

My general rule of thumb if I’m looking for somewhere “safe” to invest…if I had to cut my spending 50%, which bills would I pay first. Invest in companies that supply those things.

This is a great strategy to prepare for a bear market, but during a bear market you should buy up consumer discretionary and information technology while they’re nice and cheap. Buy up utilities, consumer staples, and energy in a bull market while they’re cheap, and their value will soar when the market crashes. A good investor makes money in any kind of market.

Women are better at multitasking? Fucking up several things at once is not multitasking.

[BeerParticipant 11832]

Can’t Stump Trump wrote:

This is a great strategy to prepare for a bear market, but during a bear market you should buy up consumer discretionary and information technology while they’re nice and cheap. Buy up utilities, consumer staples, and energy in a bull market while they’re cheap, and their value will soar when the market crashes. A good investor makes money in any kind of market.

Pretty much what I’ve been doing…loading up on utilities, energy stocks, telecoms, and consumer staples now with a simple buy and hold long term strategy. People are always going to be using heat, electricity, are addicted to cell phones, and everyone has to eat. I’m not worried about losing money in any of those investments long term, and I’m building a solid stream of dividend income that should be pretty stable through a recession. I’m not going to get rich quick but hitting enough singles gets runners around the bases.

Eventually though when the market takes another spill, I’ll take a look at what sectors get hit the hardest, and that’s where I’ll swing for a few home runs. Just look at the financial crisis for example…anyone who had spare cash to throw at bank stocks and sat tight for a few years was handsomely rewarded.

[Buller100Participant 2189]

Beer wrote:

Can’t Stump Trump wrote:

This is a great strategy to prepare for a bear market, but during a bear market you should buy up consumer discretionary and information technology while they’re nice and cheap. Buy up utilities, consumer staples, and energy in a bull market while they’re cheap, and their value will soar when the market crashes. A good investor makes money in any kind of market.

Pretty much what I’ve been doing…loading up on utilities, energy stocks, telecoms, and consumer staples now with a simple buy and hold long term strategy. People are always going to be using heat, electricity, are addicted to cell phones, and everyone has to eat. I’m not worried about losing money in any of those investments long term, and I’m building a solid stream of dividend income that should be pretty stable through a recession. I’m not going to get rich quick but hitting enough singles gets runners around the bases.

Eventually though when the market takes another spill, I’ll take a look at what sectors get hit the hardest, and that’s where I’ll swing for a few home runs. Just look at the financial crisis for example…anyone who had spare cash to throw at bank stocks and sat tight for a few years was handsomely rewarded.

Great call , I have most of my money in market a mainly buy and hold funds like Lindsell ..

I think keeping 30% out to buy in low is a great idea , but I feel I am losing on the growth.

Some clever choirs here, imagine we could be buying wimmin s~~~ with nil return.

I like the live on 50% and invest rest , with growth and compounding in 10 or 15 years that will be a pot.

Best of luck with the returns guys ,

[Secret Agent MGTOWParticipant 22529]

Binary Logic wrote:

So now my next question is.. where do I stash the cash. Guess I’ll wait for the super-low interest rates to hit before snapping up property…

Maybe I should go look at what industries did well during the crash and go into investing that route. Can’t actually do Put Options don’t fit the need.. and not even remotely enough money for CDSs..so..idk. I’ll figure it out. All I know is I’m going to make this work in my favor..

Remember the next time its not a bailout, its a bail in. They changed the laws so banks can do this with other customers monies. Give you a certain amount of stocks/shares in the vank for your money. Like you’d really want that.

Get it out of the banks before they start doing it.

Women want everything, but want responsibility and accountability for nothing.

[MonkParticipant 16995]

Despite all the government promises after the crash, 100% mortgages have reappeared in the UK as well.

It used to be that you could only get a mortgage for 2-3 times your annual income. Now they are again talking of up to 6 times.

Inheritable debt and perpetual slavery, Third-World style, has always been one of their aims, and they are whispering about that again, too.

[Anonymous 42]

I’m back on top of debt and going my merry conservative way HIDING EVERY PENNY I SAVE! Hungry politicians and bankers scour the landscape for any available revenue! They’ve grown too big for their boots and refuse to walk barefoot!

We’re not human beings to them, we’re human resources!

Make the world a better place, eat politicians and bankers…

[Anonymous 38]

This has to be a wind up. How can you give a loan to someone with no proven means to pay it back.

[TsarParticipant 393]

Anonymous wrote:

How can you give a loan to someone with no proven means to pay it back.

By totally disregarding basic, BASIC! rules of financial competence and logic

“A time is coming when men will go mad, and when they see someone who is not mad, they will attack him, saying, ‘You are mad; you are not like us.'”

[MarketWatcherParticipant]

Tsar wrote:

MGTaoist wrote:

How can you give a loan to someone with no proven means to pay it back.

By totally disregarding basic, BASIC! rules of financial competence and logic

Exactly. What’s next? 120% loan to value? We all saw how that worked out.

[Anonymous 38]

Tsar wrote:

MGTaoist wrote:

How can you give a loan to someone with no proven means to pay it back.

By totally disregarding basic, BASIC! rules of financial competence and logic

Irresponsible to say the least. But then single mothers on welfare “should be allowed to buy houses too”.

[SolidParticipant 7520]

Binary Logic wrote:

he powers that be do this type of nonsense on purpose.

It is on purpose, keeping people in debt make them work hard as f~~~ and they won’t have time to question politics and other things that are going on, they will have to work so much that in their free time they will only think about resting.

Other ones that have interest on this are the banks. Loan some money, get interest, then crash the market so people won’t be able to pay what they own and the bank can take their houses. When the market gets back to normal, they sell those houses and have even more profit.

This is just economical manipulation to keep people in eternal rat race.

[Author]

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