Sunny Sunday

In my mind it's the last great sunny weekend before the short winter arrives. Warm sun shine was creating heat draft in my car. 5th day that I had C2H5OH, moderated to 1 unit each of the last 2 nights. San Francisco's house price is dropping. I haven't seen amazing value yet, but getting there. I will sense it when it's under valued. 

Yahoo had a link on the front page "Needy moves you must nix", here are the 4 points:

1) Needing his approval.

2) Relying on him for Fun.

3) Reading into his action.

4) Gluing yourself to him.

Somewhat agree.

Another interesting comment:

"Single women get serious when they meet the right man. Single men get serious with whomever we happen to be dating when we're finally ready to settle down."

Really? I wasn't like this in the early 20th, at least I didn't think so.

Opinion on Rent and mortgage payment.

I believe in a healthy investing system, the ability to save and manage financial risk should be valued, the value should be reflected in terms of rent vs mortgage, rent should be more than the monthly payment for the ownership, factoring in the tax deduction and equivalent return on interest from the down payment. We should be rewarding people who has higher credit ratings and people who are able to save a respectable down payment e.g 20%. So until the rent is more expensive than the total cost of ownership, it's not the right time to invest in houses. Current credit melt down should help us to revert to the healthy investing system.