
Nigel has a post with photos from the koicast.
Monday, September 22, 2008
A Pair of Utah Picture Posts
Casey has posted two notes on his trip to Utah with lots of pictures:
In Salt Lake City, Utah So Far… Day 7 of Master Cleanse - caseyhaterz.com discussion
Not much to the post but pictures.
The article is actually very telling of the attitudes toward my story and is a great explanation to the question of “Why do people hate you?”
While the article was pretty negative toward me, Colby raises many valid points. A lot of stuff for me to think about and work to improve on.
Finishing 2007 Taxes, in Utah for A Week or Longer
- caseyhaterz.com discussion
More meat here, including details on taxes:
I know I made close to 100K last year from my all my ventures. Now it’s time to add up all the expenses and deductions. Plus I’m making an updated debt sheet for last year. If I can show that I was insolvent then I will NOT have to pay taxes on forgiveness of debt from all my foreclosures (1099-C).
I’m staying in Utah for another week. Besides the haterz talkcast, I’m also taking this opportunity to get away from it all and focus on making some MAJOR progress. The hotel here is nicer and cheaper than Sacramento. This also a good opportunity to get in touch with some local bloggers and other associates I have in the area.
Labels: casey serin
Sunday, September 21, 2008
Colby Cosh: Any system that produced Casey Serin must be rotten to the core
Colby Cosh has written a great piece for the National Post. Excerpts:
Today, Casey is forgotten, but one day, his curious story will be re-examined with intensity and amazement; for he was the canary whose plummet from the perch disclosed that the world’s major financial organs were sucking methane.
...
Serin was so unaware he’d done anything wrong -- ethically or legally -- that he openly blogged about all this behaviour, defiantly arguing with Web visitors about his refusal to find a job, his carelessness about reporting to creditors, his reliance on patient friends and relatives and the inane purchases he would make whenever some scrap of cash fell in to his hands. He became legendary in the blogosphere and on the talk-show circuit for alternating half-baked musings about whether he’d really done anything wrong, dipstick maxims like, “The fastest way to becoming a millionaire is to borrow a million,” scorn for formal education and hard work and praise for virtually every form of snake oil known to mankind, ranging from enemas to wheat grass to “9/11 truth.”
You can also see discussion on caseyhaterz.com.
Labels: casey serin
Friday, September 19, 2008
HaterzCast with Casey
A little late to tell you now, but Nigel held a haterz cast.
Listen yourself, or you can follow along on caseyhaterz.com.
Labels: casey serin, koicast
Other People's Money, Arbitrage, and Other Concepts Casey Doesn't Understand
truecasey.com - caseyhaterz.com discussion
Casey educates us on the way to true wealth. Borrow money at 12% interest to invest in something at 200% interest!
Of course there IS risk.
But nothing great is accomplished without risk. Achieving dreams requires risk.
Risk still needs to be managed and I’m learning to manage it. I’m glad my hard fall with real estate did not turn me into an ultra-safe investor… 12% return?? LOL. Once you taste 1,000% or even 2,000% annualized returns it’s hard to go back. :-)
Labels: casey serin
Tuesday, September 16, 2008
More GSPG fun...
truecasey.com - caseyhaterz.com discussion
I’m trying to not get too excited here. Don’t want to get disappointed. Trying to keep a level head. The leverage used to hold my position has a pretty big burn-rate. Hopefully the return will continue outpacing the cost of credit, like it has been. May the sweet arbitrage continue working in my favor.
Trying to keep a level head? That'd be a first.
Labels: casey serin
Casey moves out
truecasey.com - caseyhaterz.com discussion
A shockingly brief post from our favorite bloviator.
Corporate taxes show $0 income. Still had to pay $800 minimum California tax. Plus $59 penalty for failure to send estimated tax earlier in the year.
After picking up the corporate return from my CPA in Roseville and paying $200 for his services, I rushed to the post office and made the extension deadline with just minutes to spare. That was close!
I fail to believe he did something on time.
After reminding us we should all own gold because the economy will collapse at any minute, he drops this nugget:
Oh, yeah today is my last day at my parents house!
Moving into a hotel tonight. Need my own space in order to keep moving forward.
I wonder how long he can afford to live in a hotel on his current income of $0.
He's also got some 26th birthday photos on flickr.
Labels: casey serin