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Posts By Blakely Bimbo
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Money Talk
re: What changed your financial future for the better? - Blakely Bimbo
When I first met my husband in the late 70's he drove a Porsche. We dated for about a year and then drifted apart. He married a woman a couple of years later that nearly put him in Bankruptcy. He divorced her about 18 months later and came knocking back on my door after I broke up with a guy wh...


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Money Talk
re: Europe QE to start off at 50 Billion / Month? - Blakely Bimbo
I guess that if one believes that this ECB QE follows the road map of the US QE, then one would buy European stocks and high yield. How about Euro funding of Emerging markets?...


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Political Talk
re: Tom Brady for President - Blakely Bimbo
Personally, I thought it was pretty obvious that he was not telling the truth. His voice cracked a several times. ...


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Money Talk
re: Europe QE to start off at 50 Billion / Month? - Blakely Bimbo
[quote]So how does this work with ECB? Do they just spread the govt debt purchases across the member countries? (Will they skip Greece?)[/quote] Well, see that is all about the fine print. According to the release, not until the summer can Greece be included. They have bonds coming due at that ti...


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Money Talk
re: Europe QE to start off at 50 Billion / Month? - Blakely Bimbo
Breaking...Danish Central Bank just cut rates again. Currency wars do not end well. ...


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Political Talk
Chicago Unchained: The State of the Union - Blakely Bimbo
This is a powerful video.... [link=(https://www.youtube.com/watch?v=MVRXiVDOFqo)]Chicago Unchained[/link]...


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Political Talk
re: Catholic Church wants immigration to be included in ProLife - Blakely Bimbo
The Catholic Church wants Hispanic immigration so that new voters can be influenced by their priest from the pulpit. This translate to politically pushing the Jesuit agenda. ...


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Money Talk
re: Europe QE to start off at 50 Billion / Month? - Blakely Bimbo
I guess I was thinking about seeing this... Page 8 Figure 7. [link=(http://www.yardeni.com/pub/PEACOCKFEDECBASSETS.pdf)]Yardeni Central Banks[/link]...


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Money Talk
re: Europe QE to start off at 50 Billion / Month? - Blakely Bimbo
Please correct me if I am wrong, but the ECB balance sheet has been shrinking. So how much a month? IIRC, this 50 bil euros will be little more than maintaining the status quo. Better than nothing, but we'll see what happens tomorrow. ...


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Money Talk
re: BHP shutting down 40% US shale rigs - Blakely Bimbo
[quote]Article also said that Baker Hughes "fired" 7,000 people, not lay them off.. Who do we have writing these articles? College kids?[/quote] The article was generated by Business Insider. That should explain the lack of knowledge by author. ...


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Money Talk
re: MT suggestions for market index investing - Blakely Bimbo
IMO, something big is getting ready to happen. The SNB breaking the Euro peg is a big frigging deal. It could signal that the ECB is going to execute a QE next week. How big? Who knows? Could be that the Swiss Central Bank knows its coming and it is getting in front of the ECB or it could mean th...


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Money Talk
re: MT suggestions for market index investing - Blakely Bimbo
JMO, but I think that it is a little late for indexing. Going forward, it is going to be a stock pickers market for a while. It's been a good run, but obviously, things are starting to change. ...


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Money Talk
re: Spending too much on dry cleaning - Blakely Bimbo
Are you talking about dry cleaning or laundering and ironing shirts? Ask around. There are women who take in laundry and will do an excellent job on starching and ironing your shirts and cotton pants. ...


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Money Talk
re: Found out wife has $10,000 in a MF from parents - Blakely Bimbo
[quote]I would like to put the money in a Roth IRA in her name so it can have some tax advantages. Is there any way I can do this[/quote] YOU can't do anything. The money is in an account in HER name established by HER parents. What does SHE want to do with the money?...


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Money Talk
re: FHA to Cut Mortgage Insurance - Blakely Bimbo
[quote]No matter what, the bubble must be re-inflated.[/quote] The .gov is going to put all those new immigrants into housing while the student debt saturated natural born Americans can't qualify....


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Money Talk
re: FHA to Cut Mortgage Insurance - Blakely Bimbo
More...President to announce tomorrow details in speech in AZ. Check news tomorrow. Lowering to make competitive with Frannie and Freddie. Lowering before spring buying season. No other details as to whether this will affect current mortgages. ...


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Money Talk
re: FHA to Cut Mortgage Insurance - Blakely Bimbo
Sorry, this was just a headline breaking news on CNBC. No specifics. Don't know if this is on current mortgages or new mortgages. Further details should be following. ...


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Money Talk
FHA to Cut Mortgage Insurance - Blakely Bimbo
Just coming across the wire on CNBC... FHA to cut typical mortgage insurance from 1.35% to .85%. I guess they finally figured out that the increases were creating a drag on housing. ...


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Money Talk
re: USO Stock - Blakely Bimbo
[quote]USO Stock[/quote] I don't mean to be anal, but USO is not a stock. It is an ETF. ...


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Money Talk
re: Books: What have you read? - Blakely Bimbo
[link=(http://www.amazon.com/Expected-Returns-Investors-Harvesting-Rewards/dp/1119990726/ref=sr_1_1?ie=UTF8&qid=1420396879&sr=8-1&keywords=Expected+Returns+Investors+Harvesting)]Amazon[/link] Expected Returns is a brilliant book, but not for the beginner. ...


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Posts By Blakely Bimbo