theOHIOSTATE!
Well-known member
- Joined:
- Nov 9, 2014
- Posts:
- 3,591
- Liked Posts:
- 1,219
- Location:
- ND is horrible.
When the stock market is rocking
- Thread starter Omeletpants
- Start date
- Joined:
- Aug 20, 2012
- Posts:
- 59,773
- Liked Posts:
- 52,743
I just came in here to talk about the market. Didn't really want to get into it with an Internet troll.
theOHIOSTATE!
Well-known member
- Joined:
- Nov 9, 2014
- Posts:
- 3,591
- Liked Posts:
- 1,219
- Location:
- ND is horrible.
I accept your unconditional surrender.
- Joined:
- Aug 20, 2012
- Posts:
- 59,773
- Liked Posts:
- 52,743
I'm sorry u feel that way.
theOHIOSTATE!
Well-known member
- Joined:
- Nov 9, 2014
- Posts:
- 3,591
- Liked Posts:
- 1,219
- Location:
- ND is horrible.
Go ahead and save some face after what I did to you logically.....you need to.
Take the the last word now.
- Joined:
- Aug 20, 2012
- Posts:
- 59,773
- Liked Posts:
- 52,743
Life isn't all about winning on the internet. It's only about 90% so I'm quite comfortable right now. 10% discomfort due to you calling me gramps.
RacerX
Silicon Valley CA Bears H
- Joined:
- Aug 21, 2012
- Posts:
- 10,058
- Liked Posts:
- 8,639
- Location:
- Silicon Valley, CA
The "best" investment can never be the safest, because that implies a risk-free investment (which, as you are well aware, has a certain positive correlation with return).
That's cool that you have done well in the market, congrats. But the stock market is not the best investment vehicle for everyone, it's certainly not in my top-3.
- Joined:
- Aug 20, 2012
- Posts:
- 27,619
- Liked Posts:
- 12,616
My favorite teams
Your top 3 investments are?
- Joined:
- Aug 20, 2012
- Posts:
- 59,773
- Liked Posts:
- 52,743
Do u employ people to fix toilets at a rate that you feel comfortable calling people gramps on the internet?
RacerX
Silicon Valley CA Bears H
- Joined:
- Aug 21, 2012
- Posts:
- 10,058
- Liked Posts:
- 8,639
- Location:
- Silicon Valley, CA
RacerX
Silicon Valley CA Bears H
- Joined:
- Aug 21, 2012
- Posts:
- 10,058
- Liked Posts:
- 8,639
- Location:
- Silicon Valley, CA
I have to pay someone to fix my toilet, and that fact really bothers me. I just don't have any labor skills, bums me out - but not to the extent I would make any references to "gramps".
- Joined:
- Aug 20, 2012
- Posts:
- 59,773
- Liked Posts:
- 52,743
All three of these investment choices require connections, capital, or financing that is not required by the stock market. Why is everyone bringing oranges to a discussion about apples?
- Joined:
- Aug 20, 2012
- Posts:
- 11,741
- Liked Posts:
- 9,213
- Location:
- Colorado
I know GE is doing a buyback as well. I just wish my pennies would follow through on that promise!
RacerX
Silicon Valley CA Bears H
- Joined:
- Aug 21, 2012
- Posts:
- 10,058
- Liked Posts:
- 8,639
- Location:
- Silicon Valley, CA
All true, not trying to derail the thread, just replying to a specific question. Peace!
- Joined:
- Aug 31, 2014
- Posts:
- 16,832
- Liked Posts:
- 9,902
- Location:
- Socialist Republic of California
My favorite teams
I am 61 and my entire 401k is in the stock market. Are some here saying that is not a safe place for my 24 dollars?
- Joined:
- Aug 21, 2012
- Posts:
- 42,470
- Liked Posts:
- 35,196
No it's fine...
brett05
867-5309
- Joined:
- Apr 28, 2009
- Posts:
- 27,226
- Liked Posts:
- 4,579
- Location:
- Hell
Looking back those were all scary events. But in reality they were lessons that the stock market is the safest and best long term investment. This chart clearly shows that even with the worst possible events hapening that the market always bounces back
Wait, the chart is not to scale.
theOHIOSTATE!
Well-known member
- Joined:
- Nov 9, 2014
- Posts:
- 3,591
- Liked Posts:
- 1,219
- Location:
- ND is horrible.
Depends on the market; you can easily swap 3 for 2 in some mature markets with housing shortages that have landlord friendly laws.
I don't even want to know what people in the biggest markets in Aulstralia are worth that happen to own a few apartment buildings in Melbourne, Perth or Sydney.
As a general rule commercial is more cyclical than residential and therefore I would go residential. Variance has associated costs unless you're AIG and can get 0% loans from the government bc you're too big to fail.
- Joined:
- Aug 20, 2012
- Posts:
- 27,619
- Liked Posts:
- 12,616
My favorite teams
See, I already told him that
RacerX
Silicon Valley CA Bears H
- Joined:
- Aug 21, 2012
- Posts:
- 10,058
- Liked Posts:
- 8,639
- Location:
- Silicon Valley, CA
Commercial R/E investments >>>> Residential R/E investments, and it's not even close. I would much rather have a commercial property that I can hold & rent every day of the week. Same holds true for multi-family residential, which to me is akin to commercial.
OTOH, if, as you may be, focused on buying and flipping single-family homes then that's another model entirely.
Staff online NOW
-
bamainatlantaYou wake him up, you keep him up -
BigfootCCS Enforcer