Normally, Housing Panic bashes Lawrence Yun quite well. Unfortunately, the chief cheerleader* recently made this dumbass statement, “although there could be some minor slippage in the first quarter, existing-home sales should hold in a narrow range before trending up,” which is so blatantly retarded that I have to weigh in and call bullshit. […]

Yield, or revenue per car is another railroad performance measure I calculate. Because the capital and operating costs of rail are similar no matter if they are filled with raw sewage or gold, railroads with a higher yield are in a better position to put mad cash in their shareholders’ pockets. Keep in […]

I like railroads as an investment for the following reasons:

Simple to understand - railroads move heavy shit from point to point;
Macro-economic effects on railroads are easy to figure out - when the economy is good, people are shipping stuff, when it crashes, volume goes down;
Efficiency, railroads use substantially less fuel to transport […]

Digging through annual reports and quarterly filings to analyze the fundamentals of a company is time consuming and rather boring. Because of this, retail investors often skip it, preferring to trade on tips from dubious sources such as their broker, neighbors in the next cubicle, or the internet. Analyzing fundamentals provides an edge […]

In the days of way back, I was a huge fan of The Motley Fool. Now that they are nothing more than an ad for newsletters, not so much. However, The Motley Fool did clue me in to Sharebuilder, an extremely useful wealth building tool. Sharebuilder is basically a dividend reinvestment plan* […]

Prizzo Skeezy readers down with the Countrywide (CFC) debacle will recall Bank of America (BAC) provided them with a two billion dollar capital injection (like a meat injection, except with cash money and no messy clean up) a few months ago. As part of that operation, BAC gained the right to convert the shares […]

I had the misfortune of being at Lenox Square - a major regional mall in Atlanta - yesterday. While the Apple store seemed pretty happening, the rest of the mall was deader than a freshly grilled Bubba Burger (i.e. about the same size crowd as usual). In contrast, the mainstream media (MSM) keeps […]

People who give financial advice never shut the fuck up about emergency funds. I agree the concept is fantastic, but where the hell am I supposed to come up with three to six months salary to put in? Also, my traditional savings account currently yields less than the rate of inflation - making […]

“Life ain’t nothing but bitches and money”– N.W.A.
While it has been fun living the $30,000 millionaire lifestyle and hanging out with Atlanta’s doucherati, the time has come to move on. Based on our new market driven business model, we will be right sizing and leveraging technology to concentrate on bitches and money, a.k.a. the […]