OP's interest funds perform poorly
Posted 19.09.11 by ajv
Especially the 3 mo euribor one which absolutely should not lose value. For comparison, see e.g. Seligson Rahamarkkinarahasto AAA .
Now OP is in trouble with government bonds, having quite surprisingly relatively high stakes in Greece according to Morningstar . I still recall OP Euro A having Bear Stearns bonds in top 5 in 2007 Fall.
Used motorbikes cheaper in fall - a case study
Posted 15.09.11 by ajv
View larger.
Old news
Posted 5.10.10 by ajv
Suomen Kuvalehti writes on 4th of October 2010 :
… finanssiriisin juuret esiin 1970-luvun Yhdysvaltain asuntomarkkinoilta. Siihen aikaan kongressi halusi tukea huonoja kaupunginosia pakottamalla pankit myöntämään niihin asuntolainoja.
While traakki.net wrote on 5th of January 2009 :
Some people might still remember that the ongoing recession was triggered by subprime mortgages across the pond. It’s origin were on the typical “the road to hell is paved with good intentions” Community Reinvestment Act
My first Finnish phishing
Posted 21.08.10 by ajv
Very convincing:
Hyvä tilin käyttäjä,
Olemme tällä hetkellä päivitystä meidän tietokanta ja keskustan sähköpostitilejä eli kotisivu mieltä. Microsoft poistaa sähköpostitilejä, ikä ei enää aktiivisesti luoda enemmän tilaa uusia tilejä users.we myös tutkineet koko järjestelmän turvallisuuden tarkastus parantaa ja laajentaa meidän nykyinen turvallisuustilanne.
Edelleen käyttää meidän palveluja tarvitaan päivittää ja uudelleen comfirmed tilisi pyydetyt tiedot sähköpostitse alla.
Viimeistele uuden tilin vahvistus, sinun täytyy vastata tähän viestiin välittömästi ja anna tilitietosi pyynnön alla.
Käyttäjätunnus: ………………
Sähköposti Käyttäjätunnus …………..
Salasana: ………………
Vahvista salasana :…………
Syntymäaika :…………..
Tulevat Salasana :…………
Muuten tilisi välittömästi käytöstä tietokannastamme ja palvelu ei ole katkaistu, koska tärkeät viestit voivat myös kadota vähentää uudelleen comfirmed tilitietosi
meille.
Pahoittelemme häiriötä tämän tekee tänä aikana, mutta luottaa siihen, että olemme täällä palvella sinua paremmin ja antaa enemmän teknologiaa, joka kiertää sähköposti ja internet.
Se on myös asiaan, ymmärrätte, että tärkein huolenaihe on asiakkaillemme, sekä turvallisuuden tiedostot ja tiedot.
Vahvistuskoodi: -/93-1A388-480 Webmail teknistä tukiryhmää.
I’ve used a special filter in my email account (which is not hotmail), which allows through all email in Finnish. Hope this is not a trend setter.
Another future prediction gone sour
Posted 17.08.10 by ajv
There is no property bubble to burst (in Ireland) despite doomsayers from 2005 anno domini.
Via euroetana
Mortgage rates vs housing prices in Finland
Posted 9.08.10 by ajv
Future prediction - a retrospective
Posted 9.05.10 by ajv
It’s often said that timing stock market is challenging. I guess the same goes for the interest rates too, here’s a prediction retrospective of Sampo Pankki’s head economist Lauri Uotila:
in STT’s news article on September 29th 2008
and here is what happened. Please note the quite exact timing:
Greece is small fish
Posted 9.05.10 by ajv
See Europe’s Web of Debt in nyt
How to make a few bucks on brain dead trading bots
Posted 7.05.10 by ajv
Power to the people!
Financial information
Posted 19.02.10 by ajv
Every other website has graphs and tables of stock market developments, but I’ve been longing for information on company financials in one place (not counting separate annual reports). Reuters has these for 5 previous years for most public companies. Could be longer time span, but this is the best I’ve found. For example, UPM
Personal accounting
Posted 31.12.09 by ajv
A new tool for personal accounting automating the bank sheet – spreadsheet conversion – Balancion
Gives me creeps to think that one must give banking passwords to the service, since there is rather limited access control in most bank internet services, ie. you can’t authorize applications to have read only access to your accounts.
Other people have been thinking the same
Uusi Suomi 70 years ago
Posted 29.11.09 by ajv
Less than free business model
Posted 24.11.09 by ajv
Google is redefining mapping and operating system markets with their less than free business model . Is this how the giants fall?
3.125% annual rate for OP's 5 year bond
Posted 13.11.09 by ajv
OP-Asuntoluottopankilta yli miljardin emissio
OP-Asuntoluottopankki laskee 19.11.2009 liikkeeseen 1,25 miljardin euron kiinteistövakuudellisen joukkovelkakirjalainan kansainvälisille pääomamarkkinoille.
Laina-aika on 5 vuotta. Laina on kiinteäkorkoinen ja sen kuponkikorko on 3,125 prosenttia.
Emissio listataan Lontoon pörssissä.
http://www.arvopaperi.fi/uutisarkisto/article347138.ece. Doesn’t sound too bad even when you add the retail marginal 0.5-0.9% (?).
Geithner can't sell his house
Posted 31.07.09 by ajv
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| Home Crisis Investigation | ||||
| ||||
The united states secretary of the treasury has troubles selling his old house.
Peter Schiff on US economy (August 28, 2006)
Posted 13.07.09 by ajv
Real and nominal interest rates
Posted 10.04.09 by ajv
(Via euroetana)
PTT’s working paper Alueellisten asuntomarkkinoiden kehitys vuoteen 2010 has an interesting graph on real and nominal mortgage interest rates in Finland between 1987 and 2010 (estimated).
One of the often quoted reasons why this depression in Finland won’t see a similar price drop in apartment and house prices as in the last depression is the mortgage interest rate. The nominal interest rate in 1987-1992 was well over 10%, but when inflation and interest dependent tax reliefs are taken into account, the real rate was actually negative for a couple of years.
Still, 1993-1995 the real rate was around 5%, over five times of that we’ve seen in recent years starting from 2003. PTT estimates the real rate won’t significantly change this or the next year, and they have completely missed the major change in nominal rates on 2008-2009.
One interesting thing in coming years will be the money supply expansion starting from the US and eventually (by political pressure or European TARPs and their financing) in the European region. How the ECB will react to the inflation pressures from this supply effect remains to be seen.
CNBC gives financial advice
Posted 7.03.09 by ajv
Tough times ahead for telemarketers
Posted 4.03.09 by ajv
A new Android application will alert if the incoming call is from a telemarketer. Who will be the first to deliver the similar app on Symbian platform?
Can you spell housing bubble
Posted 6.01.09 by ajv
Some people might still remember that the ongoing recession was triggered by subprime mortgages across the pond. It’s origin were on the typical “the road to hell is paved with good intentions” Community Reinvestment Act
Now secretary of state Vapaavuori is in effect proposing that the Finnish government should pay the mortgage in case the homeowner cannot. I wonder why the yankees could not come up with this brilliant idea, everyone would be better off??
See also taustamies, Octavius
... older articles