For those thinking of buying a house....GET USED TO IT. The current rates are totally normal....for a 30 year mortgage. That range at least over most of my lifetime has been 5-7%. Of course leading up to the REGAN TAX CUTS....we saw rates as high as 12%. When will mortgage rates go down? Insights after 3 weeks of increases. https://finance.yahoo.com/personal-...-of-increases-november-24-2025-190610645.html In my little area of about 4200 homes...the markets are moving some....especially in the high end....over one million. I dont see a lot of price increases or drops. Sellers are holding firm.....but at the same time I dont see prices going up. I IMAGINE there should be lower mortgage rates next year as we see more rate cuts by the FED.
Wow WXYZ! You are really showing your age! As the younger generation calls the olden days, aka the 1900's... By time I went to school they had standard breaks like today, Thursday and Friday off for thanksgiving, a week for christmas into new years and a week for spring break. I will say that we very could have attended the same age grade schools. My elementary school was built in 1921 and had radiant heat and no AC as well as my high school built in 1894 (with a big addition in the 1960's). It was a neat experience to grow up in that the next generation will miss out on. My parents house had central AC but my mom refused to use it, same for the dishwasher. Far to wasteful. I talked about moving some of my retirement into a self directed account last week. In doing so I added AMD and Google to my holdings. Special thanks for WXYZ in which I wanted to diversify a tiny bit so I looked at his stock holdings and did some research to see what best fit my investing degeneracy, I mean style! I moved the Pre taxed account over first and then the tax deferred. Due to the volatility of last week the smaller of the two is still down a touch and the larger is in the green about double what the smaller is in the red. Doesn't really matter but always good to be green even if I have no plans to use either account for decades.
A reminder to anyone and everyone. If you can and it fits your lifestyle...you might want to consider FREEZING YOUR CREDIT. Ours has been frozen for about 25 years now....after someone stole my bank account information while I was on tour. I assume it was probably someone in a hotel. Today i got a notice in the mail from a credit card company for a major store asking me to unfreeze our credit so they could process the credit card application that we submitted on November 19. Needless to say we DID NOT submit a credit card application and just about NEVER use that store. Thanks to my credit being frozen.....this card can not be processed.
Yeah TireSmoke....my wife and I got our first dishwasher....a used one about the size of a washing machine.... that you had to wheel to the sink and hook up a hose to the faucet.....in about 1974. We kept it out on the nook/porch adjoining the kitchen. The first home we owned with Central AC was the house in a CEO neighborhood that we bought in about 1990. Even in that high end neighborhood....the majority of the homes did NOT have central AC. Of course that was in Washington State....where it was considered unnecessary.
PLTR is also kicking ass today....currently UP by over $10.....at +6.55%. I consider COST and MSFT.....as HUGE buys at their current level. Microsoft Corporation (MSFT) Down More Than 12% Since Q1 2026 Results https://finance.yahoo.com/news/microsoft-corporation-msft-down-more-135834038.html The stock is currently selling at about $474.....with many analysts projecting the stock into the mid $600 range. I see NO REASON for the current drop and the disrespect. NONE at all. AI tells me: "Microsoft's Q1 Fiscal Year 2026 earnings results were released on October 29, 2025, surpassing analyst expectations for both earnings per share (EPS) and revenue. The strong performance was primarily driven by continued momentum in its cloud and AI segments" Microsoft (MSFT) Surpasses Q1 Earnings and Revenue Estimates https://finance.yahoo.com/news/microsoft-msft-surpasses-q1-earnings-211503792.html "Over the last four quarters, the company has surpassed consensus EPS estimates four times." Simply a total MYSTERY why the stock is so disrespected.....I guess it is just their turn.
I ended the day today with.....A BIG GAIN....in my seven stocks. NOW...lets try to hold onto it for at least a couple of days. I also beat the SP500 by 0.80% today. Nothing like a shallow holiday week to.....SHOW ME THE MONEY.
LORI.....does your family celebrate Thanksgiving? I saw where it is being adopted more and more in England by younger people. If so what is on your menu and/or the typical Thanksgiving menu in England?
