Comments for Up The Ladder

Comment on Washington Mutual – the next big bank to go? by Alexander

Alexander — Fri, 18 Jul 2008 04:54:35 +0000

washington mutual is the next bank going under. All the signs are there.

Comment on 529 Plans: Another Way to Save by 529 Plan, Revisited « Up The Ladder

529 Plan, Revisited « Up The Ladder — Tue, 15 Jul 2008 04:09:30 +0000

[...] 14, 2008 by Chris Riper This is a follow-up to a previous post, 529 Plans: Another Way to Save. The day after posting I opened an Oregon 529 plan. Thus far, things have been working great. [...]

Comment on Get a credit card, now, and use it ‘wisely’! by Muralist

Muralist — Wed, 18 Jun 2008 17:06:52 +0000

Somehow i missed the point. Probably lost in translation Anyway … nice blog to visit.

cheers, Muralist
.

Comment on You’re not getting the job — 25 reasons why by Susan Kennedy

Susan Kennedy — Sat, 31 May 2008 15:31:08 +0000

Not sure if this will help you but I just got a job using a job matching site called http://www.realmatch.com – I work in Telecommunications but Im sure they cover all industries….good luck!

Comment on Get a credit card, now, and use it ‘wisely’! by credit card for fair credit

credit card for fair credit — Wed, 16 Apr 2008 15:04:31 +0000

Lending money always involves some kind of risk to the lender, especially for a loan that isn’ t secured by anything. Lending institutions determine the amount that they are willing to lend, the interest rate they will be lending the money at, and how soon they want the money paid back based on how much of a credit risk the applicant is deemed to be. There are generally no restrictions on how you can use the money once you have been approved for a loan.

Comment on Paulson Remarks on PWG Recommendations by Mr. Roach

Mr. Roach — Sun, 06 Apr 2008 17:15:53 +0000

Treasury Secretary Henry Paulson’s proposal to consoldiate various financial regulatory agencies is uninspired and likely will prove useless. This proposal rests on the unquestioned assumption that bad economic results should never occur, and, if they do on a large enough scale, should be bailed out. If they should be bailed out by the federal government, then the federal government rightly acquires some interest in preventing them. But consolidation alone won’t do the trick, even if these flawed assumptions about economic regulation are accepted.

Without new rules and expanded authority–which Paulson has renounced–it’s unlikely any consolidation of the SEC, CFTC, OCC, and other regulatory agencies can yield better results than today. This is the same logic behind joining various agencies under the Department of Homeland Security, which can accomplish little more than these agencies could in the past without broader authority, racial profiling, and increased border infrastructure. The case for consolidation is even less compelling in the case of finanical regulators, as poor inter-agency communication is widely reputed to be one factor in the unsuccessful prevention of the 9/11 attacks. By contrast, no one thinks that the current mortgage crisis is the result of some regulatory gaps or bad communication between the agencies. Rather, investment banks, hedge funds, and other unregulated organizations now control huge amounts of the lending going on today.

Comment on New graduates, getting a job and network! by Randy Nichols

Randy Nichols — Sun, 06 Apr 2008 05:21:05 +0000

Nice Blog. I like the layout you used. Did you make that yourself?

- Randy Nichols.

Comment on About by New graduates, getting a job and network! « Up The Ladder

New graduates, getting a job and network! « Up The Ladder — Sun, 06 Apr 2008 05:05:37 +0000

[...] About [...]

Comment on Forbes on the Most/Least Profitable Businesses to Start by Most Profitable, Least Profitable Small Businesses to Start « Brett’s Blog

Sun, 06 Apr 2008 02:39:41 +0000

[...] to Up the Ladder for pointing the [...]

Comment on VISA is finally here! by Mike

Mike — Wed, 19 Mar 2008 22:18:48 +0000

If you’re looking for a short term run up, it’s not that type of buy. If you’re looking for a long term 3+ years, this is a great stock. I stood by myself and screamed at the world to buy MA when it debuted. It flatlined for a while until it rocketed up to over 200 bucks a share.

I remember actually arguing the merits of MA with an investor at the time. His concerns: Antitrust litigation, high P/E relative to financials at the time, and growth concerns. Sound familiar?

The relatively high P/E is still a concern for Visa. Still, looking forward I think the stock is cheap. Visa is a monster. I love monsters.