- Jun 11, 2014
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Founding Member
2022 investing thread
- Thread starter BMF
- Start date
- Sep 8, 2014
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- Nov 3, 2017
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- Nov 3, 2017
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- Jun 12, 2014
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Founding Member
Netflix new logo.
Ironically, on Sunday we watched the "The Last Blockbuster" on Netflix. It was a pretty low budget and slightly corny documentary. But still pretty interesting if you grew up in that era and it shed some light on a lot of the behind the scenes financial info. But a Blockbuster store on a friday night in the 90s was the spot to be.... From the smell of the store, to the sound of the boxes snapping shut, to waiting at the return bin, to the rewind fees. My kids couldnt wrap the their head around even the concept of the store.
- Jul 29, 2014
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Hypothetical question amongst fellow members and investing enthusiast....
Lets say you knew someone who was getting really pissed off at the markets and after this latest sham(yesterday and today) had enough money left in their outside trading account to pay off 2 rental properties and collect net rent(after taxes and insurance) somewhere around $2500 a month.
Would you recommend said person go ahead because this is more than likely only the beginning of a long slow draw down(look at the markets performance over the last 5 months)?
Would you say it's better to let the tenants slowly pay off with their rapidly devaluing dollars and just hold the cash?
Would you say keep the money in the trading account and run f vcking head first into every m#therf vcking dip that comes along hoping to pop the "big one" occasionally and don't be obsessed with the daily price action of the markets?
Inquiring minds are losing sleep every night wanting to know.
Lets say you knew someone who was getting really pissed off at the markets and after this latest sham(yesterday and today) had enough money left in their outside trading account to pay off 2 rental properties and collect net rent(after taxes and insurance) somewhere around $2500 a month.
Would you recommend said person go ahead because this is more than likely only the beginning of a long slow draw down(look at the markets performance over the last 5 months)?
Would you say it's better to let the tenants slowly pay off with their rapidly devaluing dollars and just hold the cash?
Would you say keep the money in the trading account and run f vcking head first into every m#therf vcking dip that comes along hoping to pop the "big one" occasionally and don't be obsessed with the daily price action of the markets?
Inquiring minds are losing sleep every night wanting to know.
- Jul 29, 2014
- 22,385
- 23,799
Oh wait... "said person" just looked and now there is not quite enough money left to pay off the rental properties.....
- Nov 19, 2014
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Regarding the properties, I believe you need to take Randolph Duke's advice and...............
- Jul 29, 2014
- 22,385
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Don't think so....the millennials are being stalled but won't be put off forever and "said owner" is not quite as old as some others on here
. Seriously if I were a few years older I probably would but the lack of starter home inventory isn't going to be cured in the next 3-5 years. If they're paid off that would be 30k a year to DCA into the markets from a better entry point( I think they'll fall another 20-30%) and I could always re leverage(just took out a HELOC on one of them yesterday) and use the cash to plunk back into the market all at once....ya know like if Trump gets re elected which would still be almost 3 years down the road.I'm thinking it's probably a win/win and will start selling off stocks on Monday, Tuesday or whenever the next bear market rally happens.
- Nov 3, 2017
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- Nov 7, 2015
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Pull out all the equity in the homes, then see how much you can get on margin, then buy as much Dogecoin as possible.
LEEEEEEEEERRRRRRROOOOOOOYYYYYYY
JEEEEEEEEEENNNNNNNKKIIIIIIIIIINNNNNNNS!!!
LEEEEEEEEERRRRRRROOOOOOOYYYYYYY
JEEEEEEEEEENNNNNNNKKIIIIIIIIIINNNNNNNS!!!
- Jun 11, 2014
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Founding Member
In case any of yous listen to this douche bag. He's always wrong. Look at the date on this advice. Shill for sure.
- Nov 3, 2017
- 10,302
- 34,584
1.) Don't panic.Oh wait... "said person" just looked and now there is not quite enough money left to pay off the rental properties.....
2.) Accumulate as much dry powder as possible. 2nd and 3rd mortgages if you can.
3.) Let it all ride on NFLX, FB and SoFi.
4.) Profit. Become next Elon Musk.
5.) Buy CNN.
6.) Lead counter-revolution to reclaim our country from Communists.
7.) Become member of the Gator Guard.
8.) Meet Huge HathCock. Live large.
- Nov 19, 2014
- 9,404
- 15,137
In case any of yous listen to this douche bag. He's always wrong. Look at the date on this advice. Shill for sure.
- Nov 3, 2017
- 10,302
- 34,584
- Jun 8, 2016
- 12,866
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- Jun 12, 2014
- 5,428
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Founding Member
That's premium content and it looks like clickbait.
Does it actually say what is "about to snap?"
- Jun 8, 2016
- 12,866
- 15,405
It's behind the paywall for me too now. Not sure how I read through it earlier.
- Nov 19, 2014
- 9,404
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a couple of JD's on the rocks and reading the Penthouse Forum makes you believe you are reading the Wall Street Journal
