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Old 08-05-2019, 03:05 AM   #641
Dan
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I’m going in Nike
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Old 08-05-2019, 12:28 PM   #642
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long term treasury bonds and gold but i'm the village idiot
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Old 08-05-2019, 02:27 PM   #643
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long term treasury bonds and gold but i'm the village idiot
Why? Those are conflicting investments...

Edit: I guess not entirely, but kinda.

Last edited by ImBrotherCain; 08-05-2019 at 02:40 PM.
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Old 08-06-2019, 03:08 PM   #644
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As someone who is buying a home this is good?
Depends. Your interest goes down on a mortgage but you just got more competition now.

In NYC it's hard enough winning a bid vs cash buyers, now you have mortgage buyers to compete with too. So hopefully you have a good 20% down and a good credit score or else you're fucked.

But on the other hand, there's more inventory in NYC than ever before, so that should work in your favor.

Overall I'd say it's a good thing for you bc you're likely going to have a mortgage and pay less interest than you would've.
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Old 08-06-2019, 03:39 PM   #645
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Quote:
Originally Posted by bigbluedefense View Post
Depends. Your interest goes down on a mortgage but you just got more competition now.

In NYC it's hard enough winning a bid vs cash buyers, now you have mortgage buyers to compete with too. So hopefully you have a good 20% down and a good credit score or else you're fucked.

But on the other hand, there's more inventory in NYC than ever before, so that should work in your favor.

Overall I'd say it's a good thing for you bc you're likely going to have a mortgage and pay less interest than you would've.
The places I’m looking at generally aren’t attracting foreign money, which is good. I am definitely in a good place with regards to 20% down and credit score is very high.

I think this is a good time to be buying. Shit really isn’t moving at the moment. Just need to find someone who’s desperate.
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Old 08-06-2019, 03:50 PM   #646
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The places I’m looking at generally aren’t attracting foreign money, which is good. I am definitely in a good place with regards to 20% down and credit score is very high.

I think this is a good time to be buying. Shit really isn’t moving at the moment. Just need to find someone who’s desperate.
Now is a great time to buy in NYC. What's frustrating though is people who are selling are holding onto their value, they refuse to adjust to the market bc they're being stubborn. To be fair to them, even though there's more inventory now, NYC was the only place in the entire country that didn't see real estate dip in value over the past year, so they have reason to believe they can hold on and get more money from someone. They have less incentive to cave. NYC real estate is gold so I don't really blame them.

But it's still a buyers market bc of the inventory.
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Old 08-06-2019, 10:19 PM   #647
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Anyone still mining crypto?
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Old 08-06-2019, 11:35 PM   #648
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Damix may be, he definitely had a setup before, every post we mine just a bit more for him
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Old 08-07-2019, 12:40 AM   #649
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we're all just bots making money for DAME X.

i've accepted it as my purpose driven life
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Old 08-07-2019, 12:41 AM   #650
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Anyone still mining crypto?
The new AMD card is really good for it, I read.
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Old 08-07-2019, 12:55 AM   #651
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I'm trying to buy a house next year but sf bay area is stupid. Nothing decent stays on the market for long. I want a real piece of shit because I can fix it up easily.
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Old 08-07-2019, 02:11 PM   #652
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Shake Shack stock basically doubled in price since I wanted to buy it in January.
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Old 08-12-2019, 07:12 PM   #653
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Why? Those are conflicting investments...

Edit: I guess not entirely, but kinda.
How are REITs looking here?
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Old 08-12-2019, 07:13 PM   #654
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Depends on the REIT I would say, but it is where everyone seems to be flocking.
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Old 08-12-2019, 07:17 PM   #655
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we're in quad 4 based on the GIP Model (Growth, Inflation, Policy)

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Old 08-14-2019, 03:21 PM   #656
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Old 08-15-2019, 03:41 AM   #657
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we're in quad 4 based on the GIP Model (Growth, Inflation, Policy)

My problem is that my various retirement accounts have jack shit for things to diversify into. So annoying.
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Old 08-16-2019, 02:32 PM   #658
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There was a job I kind of wanted (very slight raise but really just for the change of scenery) but I forgot to apply and it closed.
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Old 08-18-2019, 04:24 PM   #659
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WeWTF IPO coming up.

Great read. https://www.profgalloway.com/wewtf
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