Got our of the hospital last thursday and want to thank every person that wrote, called, emailed and set cards to me.
In July I noticed I was getting really tired, but I was also working 16-18 hours per day and didn’t pay it much mind…in the middle of sept I fell out at work and got taken to the hospital. 3 weeks in IC unit, 3 weeks in cardiac and I’m a different person. I had pericarditis and it usually comes on after a flu episode or virus which I had in May.Andy gibb died of a similiar ailment myocarditis, which happened 5 days after a viral infection.
Very, very serious stuff…my heart was beating 16 times a minute when I was admitted.
I go into these details because this is a fairly common thing n people of all ages just after a flu or viral infection. You really can’t miss the symptoms…take a step, fall down etc LOL!
It was a little slice of Heaven not having a cell phone attached to my earand gave me a minute to think about things and I tell you true…I’m confused. I had CNN on 24/7 and my wife was trying to refi or sell a property (my co-pay is upper mid 5 figs) and when we had an appraisal pulled for the only stick built home we own we were stunned to find it was worth less than what we paid for it 2 years ago(and we stole it) and 100K under tax roll asessment. Did some digging and found there were 11 short sales in this subdivision last year and they were all 28 -33% of outstanding mortgage, Plainly put 200K for 60K times 11 IN ONE SUBDIVISION The home I paid 88K for that appraised for 177K is now appraised at 77K! OMG appraisers use comps exclusively and comps in the same subdivision are powerful! My Bank will mortgage up to 70%(self employed)so I can pull about 50K out at 6.25% fixed and only owe 12K more on copay or try to sell it for 77K and use the loss on future gains, if I ever have one again LOL.
I go into THESE details because they vividly depict (I know, I’m trying to stop) how actions can have an unexpected consequence. Banks are not our friends. We can not finace 800 credit scores with free and clear property for 50K. But Bof A made billions in profit last quarter from our TARP money and if I am lying I’m dying (again) they made 2/3 of this profit in the market IN DERIVITIVES. These are very complex instruments that got BofA in the mess we bailed em out of…and they are back doing the same actions expecting a different outcome. BTW that is the legal definition of insanity.
I know a lot of people are hurting out there…I’m also hurting but I notice I eat the same foods, drive the same vehicles and do about the same things whether I have 16 in account or 16oK in account…I just have to balance a lot more often.
No one ever told me this mobile investing would be easy but this truly can’t keep up much longer…some subdivisions had over 1/2 of the homes for sale as REO’s (bank owned). Realtors got smart and removed all the signs. We have a published unemployment rate of 13.9 actual is 51/2 points higher…you cant buy a job here with cash right now…Sonic cut hours!!!
I’ve got food in the fridge, gas in the truck, and cash for Wendy’s value menu in my pocket for tomorrow…I’m a happy man!
Can anyone out there think of another UC (unintended consequence)?
Let’s hear 'em!!!