Wednesday, February 17, 2010

Goal for next 18 months

Buy or start new business that generates cashflow of $50,000 or more. This will substantially pay for living expenses. Deadline: 12-Aug-2011.

Thursday, February 11, 2010

Memphis college of art designers

James Hart (318.286.5752) (jamey22@gmail.com) did design for "For Lease" signs at Cotton Plant. Mark Waguespack (markwag123@yahoo.com) is another student from MCA who emailed me. I liked his work. Also Shumyla Jan emailed me. poster below is by Mark Waguespack.





Tuesday, February 9, 2010

Senatobia - Small mobile home park

Scott Madison (662-562-5238) called me today about a park in Senatobia I had called him about yesterday. I saw it on the Internet. He has 17 spaces and 5 or 6 existing park owned homes. They are in bad shape he said and only one I think is occupied. He and his dad own 3 other mobile home parks. He said you could move some more homes in and rent them for perhaps $350 per month.

Park is on highway 51 across from the Church of Christ. Go down I-55 and get off at Senatobia. Go west and go thru town and hit hwy 51. Go south for 2 or 3 blocks and there it is.

Monday, February 8, 2010

Garisson Estates trailer park - Tupelo MS

Robert Merchant 209-996-4075 is owner. Asking 1.2 million. total of about 105 pads. 7 trailers owned by occupants. 47 trailers owned by park. 25 of the 47 are rented at average of about $450 per month. Manager is Don Reeves 662-386-5552. Call Don to go look at project.

Bradford Trace Mobile Home park

Hernando MS - agent is Steve Woodyard ((901) 842-5320). Asking price is $1.8 million. Address is 485 E Commerce Street, Hernando, MS. 74 pads and 43 homes owned by park and 6 homes owned by the occupant. Total land area is 8 acres.

Tuesday, February 2, 2010

Market timing

This article (excerpts below) was on Real Clear Markets 2-Feb-10

Stock market's real return? Paltry

by Anthony Mirhaydari

I'm not saying all this just to scare you; any investment return is subject to inflation, and stocks still beat most other investments.

But these studies lead me to an alternative investment approach that does much better than the conventional buy-and-hold wisdom and helps boost returns over these meager averages. There is a better way.

Use the simple 10-month moving average of the S&P 500 to time exposure to stocks. This calls for you to buy stocks when the S&P 500 crosses over its 10-month average and sell when it crosses beneath, investing the proceeds in safe, defensive assets such as cash or bonds.


MSN Money offers a 12-month overlay (which will reduce the sensitivity of the trading signal and help prevent false triggers). You can find the landing page for the S&P 500 Index here. You don't have to check on it every day. Just spend a few minutes looking at the moving average during times of market unrest. If you want to monitor the more sensitive trigger used in the study, Faber also maintains a collection of charts on stocks, bonds, commodities and real estate at his Web site.