They are building like crazy again in the Phoenix/Scottsdale area where I'm at this winter....prices have come back allot but recently sales have slowed way down and there will be a ton of new condos on the market soon that are 3/4 done right now. That can't be good news for those owning ones that are 10 years old. I think a lot of oeople don't comprehend the upkeep of real estate and the reality that it actually has a limited life span. Not the earth it sits on, but the structure itself has a limited life. I really don't know the real estate market so I leave it for others. I agree with you that bank rates will rise at some point and money that was diverted to the stock market will go back to CDs. I'm keeping half in cash right now just as a security blanket even though it's only getting 1 percent. I'm a big believer in the mantra "find the least attractive looking investment and make sure you have money there".... Tell me anyone touting bank insured savings as a good place to be right now...
You forgot he's a board member and 'I'm not,,,and I bought my shares in the open market and he got optioned shares.....oh, and nobody knows what the TOP is.....
I agree with your Fed thoughts. The rate hikes should be the start of the new melt down you speak of. Not sure if home loans will hit 12% or higher like in the Reagan years, but if it does home equity is going to the floor and there will be another round of foreclosures, dead housing development, and new home buyers with no cash will be stuck with renting. If the rates top out like that again, I'd recommend moving the majority of cash from stocks into the heavily value depressed real estate for rentals if you have the cash to buy it outright. The rates will come back down and home values will sky rocket once again for an easy 30-80% with a decade or two of rental income to boot. But if rates got that high, cd's and savings accounts would have a decent return too if you have the cash to generate a healthy return. The stock market would suffer heavily until a new norm would be accepted by investors. High valuation stocks will fall like a rock and the low valuation stocks will become a safe haven.
reported the day before the shooting that the FBI was looking for some guy named Booker who was a Muslim who said he was going to commit j ihad on the base. This was 1 day BEFORE the shooting the and the Very next day the shooting happed this is all on VIDEO go to youtubeand type FT Hood Hoax and watch the video by team wakeumup that shows FUX news reports talking about BOOKER the day before the shooting . The very next day we get the LOPEZ story #$%$ is this another false flag?????? THIS IS CRAZY FOLKS the LYING media is out of control
Listening to some chatter about a shift from momentum sky high valuation (ie Netflix etc) stocks into low valuations. Old school.
Anything is possible but I have taken z big position in KMI and still trying to complete my position in SLW and hope to get some AG but the market hasn't accommodated all of my wishes yet. lol. Do I'm just being patient. I still think there will be hell to pay for the Fed bubble we are in but not too clear on when. It's overdue IMHO but I supposed it could still be along way off. I can't believe the fed can leverage up its balance sheet the way it did without some adverse repercussions down the road. If that were the case, everyone could just go on vacation and have the fed send checks out every month, we could buy everything we need from China, and life would be merry for all....I say we will pay a price for all this money printing. I just don't know when..
Sold my last 2000 shares today.... My own thought is there a chance of a double top here...everything looks great for SWHC right now but the question is will they get "greater"... Stocks most often top when things look great...I'm not forecasting that things Aren't going to get better, just saying I don't know if they will get better... I've always let the board know when I've made a change in my holdings in SWHC and this is no different. This is the first time I've held no shares of SWHC for at least 4 yeasts now. Not predicting doom and gloom just raising a little more cash because I'm expecting a market correction yet this year. STILL ROOTING FOR THE LONGS ... I WOULD NEVER SHORT THIS STOCK... BUT THEN I'VE DONE LITTLE SHORTING OVER MY LIFE AND LOST MORE MONEY THAN I MADE DOING IT..NO LONGER SHORT ANYTHING...
How many examples of "no guns allowed" being a magnet for mentally disturbed to kill innocent people do we need to endure? The army base situation is the height of hypocrisy.... The soldiers here are trained in firearm use to fight in battle, but not permitted to carry a firearm on base, even if they have a CC in addition to the military training. What's the logic here? More liberal bowl sheet and assault on the 2nd amendment. No wonder with the comedian-in-chief that we have. I pray we can survive two terms of this nightmare. "If you like your plan, you can keep your plan." "I have no plans of taking anyone's guns or gun rights away." Look up the meaning of a "pathological liar".
but this what artsbest and rustyboy and their culture wants....the government to watchover them and take care of them...basically protect them from themselves since they cannot take responsibility for their actions w/o hurting their self-esteems
YOU are correct!
- Obumma NSA spying....hmmm
- Obumma using IRS to target political parties....hmmm
Free speech is decreasing. Government attacking its citizens, increasing.