Moving My Website

I haven’t posted much, and it does not make sense anymore to host it here. I have moved my entire site to http://my1stMillionAt33.wordpress.com Any future updates will be there instead.

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California Real Estate Markets Are Red Hot

I would think that you’re crazy if you tell me this statement six months ago. Frankly, RED HOT is not even enough to describe the current market. Here are some of my personal anectodes, based on my bidding in the market: 1. Most listings go into pending on the first two days, or after the […]

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Housing Market Making A Short Term Bottom

It looks like housing prices may find a short-term bottom this year, assuming a stable low interest rate environment. The primary reason that I’m saying this is because of an ultra-low inventory of homes on the market, about some 30% to 40% lower than last year or the year before. Furthermore, there are a couple […]

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Cash Back Reward To My Credit Cards in 2010

I’ve always chosen cashback instead of air mileages for my credit card reward. The reason is cashback goes into your pocket directly, and unlike air mileages or point systems, it is not subject to the conversion factor change in the future. I have arranged my spending on credit cards as follows: 1. Grocery, drugstore, and […]

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An Outlook For Precious Metals

My best guess is that precious metals have made a short term bottom. But I can be wrong. Intermediate term however I am still wary of a mid-year dip. A bull market often tries to shake off as many people before embarking a big advance. Both gold & silver have made the MACD bullish crossover […]

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The Fair Price For Gold

“Gold closed at new high!” That was the Tuesday headline on Marketwatch.com. I checked right away, but didn’t see gold cash price breaking new high at $1265. After reading the article, it’s really just a new high in the nearest futures market. “Investing” in gold is probably one of the hardest arguments to make, since […]

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Market Leaders Are Revealing Themselves

Slowly through each wave of rise and fall, markets are revealing where the capitals are concentrating. The market leaders are no longer US, Japan, nor Europe, but Brazil, India, China, and Taiwan. US market is facing heavy pressure again today. S&P 500 has broken support at 1080/1085, and then 1065/1060. The technical pictures are simply […]

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Ironies Yet To Be Bernanke On Time Magazine

Helicopter Bernanke has been chosen as the Person of the Year 2009. That is just ridiculous in my personal opinion. For someone along with Greenspan created the single biggest housing bubble (in size) in human history so far, bailing out all the guilty parties and mopping up all the mistakes with even greater mistakes through […]

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