My New House pt 2 - the developing interior

As I mentioned a day or two ago (I've kind of lost track) I purchased a new home. Since I have shared my experiences on getting approved for the mortgage, as well as my thoughts on most every other subject, I thought you might want to know more about the house (or at least see inside).

The house is 2005 sq ft (which I plan to expand to 3500 sq ft due to the attic and basement). It's a 1910 brick house in relatively excellent condition. The house is filled with American Cherry wood, which I am told you cannot find anymore. Each closet is big enough to house a college student (litterally they are almost as big as some apartments I saw in New Brunswick back when I was in Rutgers). It has 2 floors and attic and basement - which run the full length of the house. The rooms are all large to above average in size. I have a small yard (which needs a bit of work). There is a small garage and behind that a shed too.

The house has 3 enterances, solid wood doors, and original skeleton keys in place. The lights are all original ceramic sconces (the white ones) and brass sconces. [I plan to sell the ceramic sconces on eBay if anyone is interested] The carpets you see are all going to be removed, and the hard wood floors below are in fantastic shape. All the furniture is newly purchased - and I picked out everything myself [I think I did a good job]. Not sure what I will do with the chandilier in the dining room, but it is also original and has haind painted glass. The dining room has pocket doors and the embedded trophy case has leaded glass. The fireplace is fully functional.

Now don't think there is no work to be done on this. I have work to do on the roof, yard, painting all the rooms, replacing some fixtures and a couple of 100 year old pipes. Oh, and curtains too - God they are expensive. Oh and still a few more pieces of furniture too.

And I have a few odd bits that I will be selling, like an antique (circa IBM 1950)iron desk, an old possibly handmade table saw, some light fixtures and such. The porcelian sink stays.

Of course I will be making the attic a master suite with its own bath (adding about 750 sq ft to the house). I also plan to add a sauna and hot tub to the basement after I finish the ceiling there.

All in all its a hopefully 2 year project, though I could easily live here without major change now. But my point in sharing this is that if I can do it (being single, not rich, with my own money, and never owning anything bigger than a futon before) you can do it as well. And if you plan and work hard from the start I bet it won't take you til you are 40 - my age - to get it.

Now the pictures of some of the rooms. If you have suggestions or comments let me know.















And because I know some one will ask





While that's not every room or every detail I think you get the idea of the insides. I hope you have enjoyed peeking at this moment in my life. I'm glad to have shown it to you all and hope you go out and get the same or far better for yourself.

Best wishes to you my readers, I'll be back to writing in a day or so.

My new house

I've mentioned that I was working towards buying a new house. Well as of today I have done it.



I may be off for a day or too, but do let me know what you think of it.

What analysts are buying for Christmas

Mortgages are in trouble, and the financial sector is reeling because of it. Enormous discounts, online sales, massive toy recalls and a recent correction place serious questions on the outcome of the 4th quarter. The chance of a Democratic Presidential candidate winning the 2008 election stands high. And whispers of a potential for a recession loom in the background.

Investors are searching left and right for a place to move their money, and there are few comfortable places to go. But there are a few choices out there. In particular is the Energy sector. A quick glance at a chart of the S&P 1500, with 10 analyst recommendations or more, shows a surprising trend. Energy is considered a buy, with 54% of these stocks holding buy recommendations.

In fact the only stock to have every analyst covering it recommend it as a buying opportunity is an energy stock. That’s a huge indication of confidence out there, as opposed to the financial sector. Financials currently have only 36% of buy ratings and lead the S&P 1500 sectors with 9% recommending sells.

Now add to this the facts that Chinese stocks have entered a bear market, Oil prices has jumped to all time highs, and the credit markets are tightening, analysts see the future as lit by the sector with the power.

As we are in the beginning of winter, and demand for heating oil, electricity for Christmas trees, and natural gas to bake and cook meals for the holidays are all current expectations for the near-term seem quite logical. It seems unlikely that usage is going to drop suddenly, thus profits running into the 1st quarter of 2008 sound reasonable.

The recent pipeline explosion at the Enbridge Inc. facility in the Midwest also seems to be a factor to help stimulate the sector over all.

So what is the perfect stock gift for investors? I have no idea, but it seems that analysts are stuffing their stockings with the Energy sector. Whether that will get them a lump of coal or a sack of cash, I doubt if even Santa knows.

**This can also be seen at Energy Stocks Blog, where I am a contributing author.**