Lets revisit our first interaction. Below is my comment stating my case why I disagreed with gold liquidity levels and possible interest rate effects on RE and my reasoning behind it. Nothing snarky or disrespectful, just my opinion. Nobody knows and just pointing out additional variables I...
Just returning your energy right back to you dear. Surprised at you age you still internet millionaire sports car elite circle flex. Which you came in with after I was talking about interest rates like it gives you special credibility. Amateur hour. You'll figure it out one day, I'm sure
Fair enough, there is opportunity everywhere in every industry if you are skilled at what you do and you can properly identify what that opportunity is, agree with that full on. Vast majority of people are not skilled. My point really was market conditions change and strategies in the past...
Here is the thing you are failing to grasp, you're not going to positive cash flow most RE right now with prices and rates if you bought TODAY. Your 350k property in Orange Country that yields 10% does not exist if you bought TODAY. Would you buy a property that is cash flow negative? A property...
Lady, are you actually reading my comments or trolling me? I just told you I am not OP, why do you keep calling me that? It literally has zero to do with scarcity mindset, it is called properly evaluating markets, assessing current risk making good investments. If we are in a rate rising cycle a...
I completely switched careers and started a business at 30 in an industry I knew nothing about. Took 5 years of extreme sacrifice but there is always opportunity, have to willing to work for it though. Will not just fall in your lap. Put that pressure on yourself that you HAVE to make it work...
This is what I am hearing too. I know one of the biggest commercial brokers in my area, said he is doing around 10- 20% of what he did a year ago. Market has started to freeze up. Another guy I have money with in a fund has completely moved away from strip malls and office space which was his...
Assuming you are referring to me here since OP is not involved in this discussion and you are referring to my comments. Since we are resume flexing, I am 43, owned a business for 13 yrs and have a 7fig net worth too. Liquid, the real meaning of the word. Made and lost money in many areas, not...
One last thing, I'm sure there are better articles explaining what I am talking about but just did a quick search. There are long term cycles that play out in interest, debt and bond markets. I believe we just had the fastest or close to it rate rise in history. The is a strong sign of a long...
The point I am trying to make is if purchased incorrectly it will not cash flow or you will be upside down on the loan. Not saying real estate isn't a great tool for building wealth but you need to know what you are doing
Have to disagree with you here, gold is one of the most liquid assets on the planet. You can sell it almost anywhere in the world in any currency at anytime for close to spot. You make take a hit on premiums but can easily be offloaded quickly in any metro area. If you own paper gold, can be...
Leverage goes both ways, not always a win. What works in a declining interest rate environment doesn't always work going the other way. You didn't really address the purchase price aspect if prices go down over an extended period due to high rates. You're not going to be able to cash flow a...
It will always have value but its return is dependent on the price you purchased at, like all investments. If you bought at house at the peak it is a lot different story than buying at a low. Any industry that had major price moves due to low rates can potentially get smoked. Like all...
When you suddenly have a risk free return of 5% that is liquid, changes a lot of dynamics in investing. A lot of investments look a lot less attractive than when you received no yield from cash. Investment gets a lot more conservative. Going to be an interesting few years
If we stay in an extended period of higher rates and trend that way for a longer cycle, anything tied to cheap debt could get smashed. Since early 80's we have been in a period of rate decreases. What worked past few decades may not for the next few. Of course Real Estate may be fine but...
Markets can stay irrational longer than you can remain solvent comes to mind. Also a very true statement. I have learned this the hard way several times. Best thing you can do is manage risk, be allocated so no one scenario can completely wipe you out and you have flexibility to weather a storm
A combination of options is probably the safest way to do it. Bitcoin, Gold, commodities and TBills. They all have their pros and cons. Bitcoin is not good if you need to convert in less than a year. You need physical gold in hand to provide insurance against a collapse, paper could very well be...
Very possible, metals cycles are incredibly long, imagine is it is probably one of the oldest and mature markets there is. Personally do not think we get a major sustained pullback, think we had that past couple years after it hit new highs in 2020. Anything is possible though
you think there is a massive deflationary event that crushes gold? Not sure we get a large pull back at this point but anything is possible. What range do you think it pulls back to?
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.