Recent content by fruity pebbles

Not with a forward PE of 40 when Amazon is 30.

Can pretty much guarantee they’ll be a lot safer than exhausted long haul drivers.

I’ve heard this before. The just of it was if you can retire in your late 50s, do it. Putting it off for a few extra dollars isn’t worth it because later on in life you’ll spend far less than you think since you more than likely can’t do much.

Yeah, hard to go wrong here with Meta and Amazon in particular here imo. Both are now down for the year and have had a year’s worth of growth in the mean time. Not to say they can’t go lower but these two in particular I’ll be buying more every 3% further drop.

Fear and greed index down to 6

Berkshire has been a great hedge for these tech flush down days

Who farted?

Just hit single numbers on the fear greed index

Google has almost caught Amazon for forward PE. Like 26 to 28.

Yeah. Everyone wants a solution but a solution that doesn’t affect them………so nobody really wants a solution. Hence why we have the 50 year mortgage idea. A non solution.

Most property owners hate Air BnBs in the neighborhood. Single family homes were never supposed to be an investment, it’s a place to live.

Yup. I would add restricting foreign ownership. If you don’t have enough houses for US citizens. Why are we allowing foreign buyers of second, third, fourth houses particularly by countries that restrict foreign ownership themselves. About 2% of US house sales were from foreign individuals or...

Aren’t there countries that do this now? I’m guessing the original lender would still be on the hook for the original loan somehow and have partial stake in the new house as collateral. Would also have to be government backed I’m guessing.

Probably because that actually made some sense.

I just don’t see any benefit. A foot in the door or any other way. It would be one thing if the payment was noticeably cheaper but it’s not. Factoring in the higher interest rate and higher pmi, you’re talking $100 a month or so on the average house. If things are that tight that $100 a month...