Today I found nice article that you should know before buying car from the dealer. Get ready to spend couple of hour here to know how they works.
http://www.edmunds.com/advice/buying/articles/42962/article.html
http://www.fool.com/car/car.htm
Wednesday, August 23, 2006
Monday, August 21, 2006
Green Energy
Don't be surprised, if you hear a lot about Green Energy in this century.
China has planned to invest $250 Billion over 10 year, you heard right, 250B, for finding alternative energy source. With this amount they can buy a company like BP and have oil free for next 25years. But they are looking beyond that. I think it will go towarard ethanol.
Today Bajaj announced plant to invest $500M for ethanol in Brazil. This are the growing country and they realized that the energy demand is much more higher going forward, and this is right to to make some investment there.
Today, in California, Arnold passes a biggest bill in US to plan solar energy in the state. Under new law Home Builder must give option to home buyer to install solar panel in the house by 2010.
Finaly, we realized the need of energy is important and start making step toward that.
Let see how it goes.
China has planned to invest $250 Billion over 10 year, you heard right, 250B, for finding alternative energy source. With this amount they can buy a company like BP and have oil free for next 25years. But they are looking beyond that. I think it will go towarard ethanol.
Today Bajaj announced plant to invest $500M for ethanol in Brazil. This are the growing country and they realized that the energy demand is much more higher going forward, and this is right to to make some investment there.
Today, in California, Arnold passes a biggest bill in US to plan solar energy in the state. Under new law Home Builder must give option to home buyer to install solar panel in the house by 2010.
Finaly, we realized the need of energy is important and start making step toward that.
Let see how it goes.
Tuesday, August 15, 2006
Why Home price will go down, even fed hold interest rate?
Couples of week back Fed decided to hold hike in intereste rate. This means, they are not doing right now but they will in furture (based on data). This make high interest rate hang on for longer time than if they decided to hike.
If the continue to ecided hold for next meeting, then for sure it will come in future, and based on that the treasury will declined and will rise the mortage rate.
Today, we see the report that wholesale price declined. So they assume they will still hold int rate. But since this int rate low is still low, they have to hike at some point.
Net.Net. Due to this, the mortgage rate will hold higher for long time, this is not good for those you purchased home in last 3 years, because they need to refinance.
According to today news says that Home Sales Slow in Spring With 28 States and D.C. Suffering Outright Declines. The five biggest declines this spring compared to the April-June period of 2005 were Arizona, down 26.9 percent; Florida, down 26.7 percent; California, down 25.3 percent; Virginia, down 23.9 percent, and Nevada, down 23.5 percent.
Be careful.
If the continue to ecided hold for next meeting, then for sure it will come in future, and based on that the treasury will declined and will rise the mortage rate.
Today, we see the report that wholesale price declined. So they assume they will still hold int rate. But since this int rate low is still low, they have to hike at some point.
Net.Net. Due to this, the mortgage rate will hold higher for long time, this is not good for those you purchased home in last 3 years, because they need to refinance.
According to today news says that Home Sales Slow in Spring With 28 States and D.C. Suffering Outright Declines. The five biggest declines this spring compared to the April-June period of 2005 were Arizona, down 26.9 percent; Florida, down 26.7 percent; California, down 25.3 percent; Virginia, down 23.9 percent, and Nevada, down 23.5 percent.
Be careful.
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