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I’m Jeff Malec, welcome to my website.
Feel free to browse around to learn more about my work, life, and ideas.
What’s New:
- Attain Capital has joined the social media revolution: You can now Follow Attain on Twitter, Like Attain on Facebook, Connect with Attain on Linkedin, or participate in the discussion on Attain’s Managed Futures Blog.
- 2012 Food you won’t see me eating = Red Meat & Potatoes
Random Thought:
Sometimes inaction is the better course when faced with an uncertain outcome. Exhibit A: Everyone who refinanced to a fixed rate mortgage when their ARMs came due. Rates are now at the lowest levels in… well, close to forever; and those who didn’t refinance and let their Adjustable Rate Mortgages do what they were built to do (adjust), are looking at mortgage rates in the 2% to 3% range (with the indices they adjust off of at essentially 0%), while those who panicked are paying 6% to 7%.
Sure, the adjustable rate could go up; but a year or two down at the 2% level will more than offset a few years at the 6% level when doing the average over the years. And, there is an entire government (US), and slew of industries (real estate, banking, homebuilders, etc) hell bent on not letting rates go anywhere near 7% to 10%.
