Mortgage Blog

I have one borrower asked about whether she could get a HELOC from me. And the answer is yes, but it will be 2 months later.

I will open an HELOC myself. I will use it as an emergency funds source just in case there is a HUGE opportunity from the stock market when it crashes, or a purchase opportunity for the house. But I like stock market more.

The more I read about financial books, the more I think I should not spend too much reading the news and doing the trading. We just need to focus on some good companies which has simple business you can easily understand, like Visa, master Card; Costco; KO; Nike; Banks, etc. And standby most of the time. And do a few times a year or one every a few years. Or like Buffett, purchase Apple when the PE ratio is low and the business and growth are foreseeable.  

Ran 6 miles morning. Seems like getting better. Should be able to run around 3:35 to 3:40 for this weekend's San Francisco Marathon.