PIMPING STOCKS

[call_me_ishmael]

I personally am staying away from banks, lenders, builders basically anything in housing. We are in another MASSIVE bubble. I have clients offering 50k over a 350k listing price and not getting houses. I saw this in 2007-8 before the crash. Bidens anti US policies, increased reliance on government programs, insane "stimulus" packages and a fauxdemic are going to hit the economy soon. Wait until until tax cuts are gone.

I am kinda tempted to get out of the market and go back to cash with a nice chunk of money. My investment account has gone up from like ~175 to 450 the past couple years. On the other hand, if stonks are priced so high because the dollar is so shitty, it doesn't make sense to go back to cash right now.

[Tony Oday]

I am kinda tempted to get out of the market and go back to cash with a nice chunk of money. My investment account has gone up from like ~175 to 450 the past couple years. On the other hand, if stonks are priced so high because the dollar is so shitty, it doesn't make sense to go back to cash right now.

I hedge with physical metals. My cash accounts are pretty insane right now because the wife and I want to load up on townhouses when the market crashes so we can get more rentals at a cheaper price.

[call_me_ishmael]

I hedge with physical metals. My cash accounts are pretty insane right now because the wife and I want to load up on townhouses when the market crashes so we can get more rentals at a cheaper price.

How do you manage the townhouses? Kinda wondering if buying something like that would be a good idea for me.

[Tony Oday]

How do you manage the townhouses? Kinda wondering if buying something like that would be a good idea for me.

My wife does it, she has a primary job as a National Account Manager for a Chinese company and her old VP owns 4-500 apartment units in like 40 buildings (I never get this number right) so she does his books as a side gig because she doesn't trust anyone else to not rip him off So she takes care of the money side of the rentals and I take care of the upkeep and repairs. Like today I had a dishwasher put in. We are planning on having a minimum of 20 paid off when we retire so we have another stream of retirement income. It really is not that hard unless you work like 60 hour weeks then you have to pay a management company which eats your profits. I love the rentals for the tax write offs.

If SSI is still around that will be just bar money