Why would I cut my nose off to spite my face? I’m 8 years till retirement, and so is my wife. We gave 30 years of 401k built up and max savings the entire time. I can handle pain, but not so much the drawing and quartering
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- Thread starter twenty02
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You are referring to CRE loans, right? Someone underwrote an investment using flawed assumptions - not sure why taxpayers should bail them out over it. Is this a liquidity problem?
Sir!
Please, we prefer "manufactured housing".
I like 'em.
There's this place we go by up on Pendleton Pike that looks great. Well-manicured and maintained. Every home has one of those little storage barns that match the color of the MH.
Was good enough for Bud and Sissy. Good enough for me.
I went to his show when it was hosted at Kelley during my UG years. I will say, the man is entertaining (or at least was) and did get people thinking about investing and money. But, he's been so bad for so long, you wonder how people still follow him.
I pay attention to the Chicago school of economics on the economy. And anyone that has won a Nobel prize for economics.
I remember when this clown said to buy Netflix's when it was at like 350. A year later it went down to 98. Just do the opposite of what he says and you will make money.
It can be done. It can be a good investment for those willing to be happy with a decent but not yuge ROI. Problems come when the quick money people buy them up and squeeze every dime out then bail. My place has gone downhill since they fired the long time manager and started trying to make big money rather than taking a decent return and maintaining the asset.
He's on TV. Instant credibility, no matter the reality. Just like Trump.
I AM Chicago School. Monetarist.
Not all Nobel winners are worthy of pedestals (see Krugman, Merton, Scholes)
I mean you're not totally wrong, but multifamily is considered commercial, and makes up a pretty big chuck of the pie...
gets even more complicated when you have people renting out bedrooms for VRBO and stuff.
Multifamily Commercial foreclosures are a little different than the local office or warehouse foreclosure...because you have actual people living there that should want/need the property to generate sufficient income to keep the place up. When the 3% floating rate you bought a place for with the intention of taking it from a shithole to solid, rehabbed workforce housing turns into 8%...things get cut from the budget. Owners bail. Disinterested parties takeover, and your place is on the fast track to slum-city.
But disregarding the poor that live in 70's and 80's rehabbed workforce housing and their plight should the US be faced with a heap of multifamily defaults and foreclosures...
I'd imagine my interests are kinda/in some ways inverse to twenty's...whose rants of late definitely indicate how his bread is buttered.
When you eat what you kill in the CRE industry, low rates are like a herd of gazelle on the Serengeti after a drought.
Nah— the macro level stuff. I have a long term financial advisor that manages my stuff. He made a good call with moving some stuff into private equity funds but I still got clubbed like a baby harp seal
I told by boss today I was going to start being nicer to him, since it looks like I'll have to be working for him until I'm 80.
You better.
6% interest rates, combo'd with $300 Mom's nights at Half Bottle...
I'm gonna buy a fire-sale Telsa off a local shitlib, and tell Craig I can undercut your costs of distribution due to fuel costs just to pay for Sav Blanc costs.
My all time favorite was when shitlib Alyssa Milano traded in her Tesla for a VW because she won't buy anything from a company founded by Musk.You better.
6% interest rates, combo'd with $300 Mom's nights at Half Bottle...
I'm gonna buy a fire-sale Telsa off a local shitlib, and tell Craig I can undercut your costs of distribution due to fuel costs just to pay for Sav Blanc costs.
You need to sign up to his newsletter to find out!
GameStop Corp (GME) Stock Price & News - Google Finance
Get the latest GameStop Corp (GME) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.
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GameStop Corp (GME) Stock Price & News - Google Finance
Get the latest GameStop Corp (GME) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.
I recently bought GME after they announced they're buying Bitcoin.
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To the moon.GameStop Corp (GME) Stock Price & News - Google Finance
Get the latest GameStop Corp (GME) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.
How about a $3,500 iPhone?... MAGA!
If Apple were to relocate iPhone production to the U.S. — a move that most supply chain experts say is impossible — Wedbush's Dan Ives predicts an iPhone could cost $3,500.
If Apple were to relocate iPhone production to the U.S. — a move that most supply chain experts say is impossible — Wedbush's Dan Ives predicts an iPhone could cost $3,500.
As much as I agree with the idea of moving pharma back, can we afford it? I wonder if there are numbers based on pharma coming back.
I’d be ok with poor MAGAts not being able to afford their medicine. They’ll probably show their fiscal conservatism and up the government money all the red welfare states get already. For a bunch of red state voters and politicians who claim they hate the government, they sure suck on that government titty.
I'll venture a guess that the actual cost of production for most drugs is minuscule compared to the sale price.
Are you a socialist? His mistake was not raising rates to about 20. You just wanted him to pump your paper tokens?
Let them all fail but we haven't had actual capitalism since before 2008. The SVB bailout was illegal and inexcusable. Cause by a few whinos like cuban and David sacks who should have been arrested for sedition. It's been privatize profits and socialize losses one after another. That's why the country is in the fiscal shape it is.
Cromer is saying don't panic sell last I checked. The buy signal should be when Cromer has gone from his self flagellating stage to self immolation and or police are outside a Manhattan skyscraper with a dope threatening to jump.
