Comments for Payday Loan Blog http://fsry.com Wed, 14 Jul 2010 13:42:19 +0000 hourly 1 http://wordpress.org/?v=3.1 Comment on Home equity loans by khanacademy http://fsry.com/home-equity-loans.html#comment-619 khanacademy Wed, 14 Jul 2010 13:42:19 +0000 http://fsry.com/?p=65#comment-619 You're right. Although I wanted to show how home equity withdrawal made people feel rich and consume more. Education, for the most part, is an investment and, assuming the student is responsible, will generate a return. You’re right. Although I wanted to show how home equity withdrawal made people feel rich and consume more. Education, for the most part, is an investment and, assuming the student is responsible, will generate a return.

]]> Comment on Home equity loans by nathanbanks http://fsry.com/home-equity-loans.html#comment-618 nathanbanks Sun, 11 Jul 2010 15:15:20 +0000 http://fsry.com/?p=65#comment-618 You originally bought a house for a million and a half dolalrs, and a year later, the value of the house went up to 1.5 million???? Im confused. Also 75% of 1.5 million is $1,125,000 not $1,075,000 You originally bought a house for a million and a half dolalrs, and a year later, the value of the house went up to 1.5 million???? Im confused.

Also 75% of 1.5 million is $1,125,000 not $1,075,000

]]> Comment on Home equity loans by joesteinbock http://fsry.com/home-equity-loans.html#comment-617 joesteinbock Thu, 08 Jul 2010 08:11:52 +0000 http://fsry.com/?p=65#comment-617 Hey strawman....read and pay attention.... He said he originally bought it for 1 million AND he said the 1.075 is an approximation. Hey strawman….read and pay attention….
He said he originally bought it for 1 million AND he said the 1.075 is an approximation.

]]> Comment on Home equity loans by thetempun http://fsry.com/home-equity-loans.html#comment-616 thetempun Tue, 06 Jul 2010 19:30:46 +0000 http://fsry.com/?p=65#comment-616 Should I Be Watching This I'm fifteen ? But I NEED To Learn This. Should I Be Watching This I’m fifteen ? But I NEED To Learn This.

]]> Comment on Home equity loans by quitejaded http://fsry.com/home-equity-loans.html#comment-615 quitejaded Sat, 03 Jul 2010 09:32:39 +0000 http://fsry.com/?p=65#comment-615 Its never too early to learn about managing your money. I just don't really understand why you owe the bank 325k when its coming out of your house. Its never too early to learn about managing your money.

I just don’t really understand why you owe the bank 325k when its coming out of your house.

]]> Comment on Home equity loans by machvis http://fsry.com/home-equity-loans.html#comment-614 machvis Tue, 29 Jun 2010 23:29:00 +0000 http://fsry.com/?p=65#comment-614 Just a question Sal> If I bought a car than we should write the car in assets, in this case 100K and cash will decrease by 100K, So equity should stay the same. Am I wrong? Just a question Sal> If I bought a car than we should write the car in assets, in this case 100K and cash will decrease by 100K, So equity should stay the same. Am I wrong?

]]> Comment on Home equity loans by dontblamethemessenge http://fsry.com/home-equity-loans.html#comment-613 dontblamethemessenge Mon, 28 Jun 2010 09:50:40 +0000 http://fsry.com/?p=65#comment-613 In the Netherlands they also have the option to get the "overvalue" of the house from the bank. So people could use that amount of money, not for holidays but only for improving the house. I have a house but i did not really understand the concept until this video, thanks for that. Luckily i did not use that "overvalue" because this overvalue will go down as the prices decrease of houses. So this overvalue is a kind of buffer for decreasing house prices. In the Netherlands they also have the option to get the “overvalue” of the house from the bank. So people could use that amount of money, not for holidays but only for improving the house.
I have a house but i did not really understand the concept until this video, thanks for that.
Luckily i did not use that “overvalue” because this overvalue will go down as the prices decrease of houses. So this overvalue is a kind of buffer for decreasing house prices.

]]> Comment on Home equity loans by ThatIsNotDeadWhich http://fsry.com/home-equity-loans.html#comment-612 ThatIsNotDeadWhich Sun, 27 Jun 2010 12:23:07 +0000 http://fsry.com/?p=65#comment-612 Yes and no. Assuming that the car is actually worth 100K, you're right. But if you live in a reasonably densely populated city with a half-decent public transit system, chances are that the car isn't worth the book value. In much of Scandinavia, for example, commuting by car is actually more expensive than commuting by train *just in terms of running costs* - which argubly makes the car an asset with a *negative* value in purely economic terms. Yes and no. Assuming that the car is actually worth 100K, you’re right. But if you live in a reasonably densely populated city with a half-decent public transit system, chances are that the car isn’t worth the book value.

In much of Scandinavia, for example, commuting by car is actually more expensive than commuting by train *just in terms of running costs* – which argubly makes the car an asset with a *negative* value in purely economic terms.

]]> Comment on How Does Insurance Work? by Lengo67 http://fsry.com/how-does-insurance-work.html#comment-558 Lengo67 Fri, 25 Jun 2010 05:35:39 +0000 http://fsry.com/?p=75#comment-558 This is the way it works? Not so fast! Who pays the insurance company's employees? Why doesn't BlueCross/BlueShield pay taxes? How does BlueCross afford to spend $2.3 million on lobbying? My money goes to help my neigbors? Not so! Only a portion goes to helping my neighbors, and another portion goes to paying salaries and lobbyists. This is the way it works? Not so fast! Who pays the insurance company’s employees? Why doesn’t BlueCross/BlueShield pay taxes? How does BlueCross afford to spend $2.3 million on lobbying? My money goes to help my neigbors? Not so! Only a portion goes to helping my neighbors, and another portion goes to paying salaries and lobbyists.

]]> Comment on Home equity loans by davidmichael3d http://fsry.com/home-equity-loans.html#comment-611 davidmichael3d Thu, 24 Jun 2010 14:59:48 +0000 http://fsry.com/?p=65#comment-611 These videos are absolutely brilliant. Well done for noticing the recession in early 2008! Many economists only became sure of that in 2009. These videos are absolutely brilliant. Well done for noticing the recession in early 2008! Many economists only became sure of that in 2009.

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