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so xo's collective wisdom is real estate investment is generally flame
Poast new message in this thread
Date: April 18th, 2018 2:48 PM Author: idiotic razzmatazz senate ? (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868407) |
Date: April 18th, 2018 2:49 PM Author: light brunch This is one of those topics where I haven't seen a clear consensus on xo (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868418) |
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Date: April 18th, 2018 2:54 PM Author: idiotic razzmatazz senate thought consensus was wanting to own "property" was an internal prole tell and when you account for transaction costs, inflation, financing, etc. its very hard to make money (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868470) |
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Date: April 18th, 2018 3:07 PM Author: light brunch Hmmm. (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868572) |
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Date: April 18th, 2018 3:09 PM Author: idiotic razzmatazz senate cr I am beginning to question this (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868592) |
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Date: April 18th, 2018 3:53 PM Author: light brunch Most of my striver friends in the Bay Area RUN to buy residential real estate and proudly announce to everyone they know that they're looking for a house as soon as they have the $ for a down payment, even in the current market. (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868945) |
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Date: April 18th, 2018 3:24 PM Author: submissive university (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868711) |
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Date: April 18th, 2018 2:50 PM Author: gaped heady idiot hell *residential real estate, yes. average real estate return after fees and inflation is 1%. youre better with that lump sum in the market, and renting for cheap.. in most cases, but not all. pre-2015 CA re investors made a killing obvi (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868433) |
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Date: April 18th, 2018 2:52 PM Author: idiotic razzmatazz senate and commercial real estate is for the big boys not some wagecuck with spare cash, this right? (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868455) |
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Date: April 18th, 2018 2:53 PM Author: gaped heady idiot hell yes its a different ballgame. retail is getting killed rn
https://www.cnbc.com/2018/04/18/the-amount-of-retail-space-closing-in-2018-is-on-pace-to-break-record.html |
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Date: April 18th, 2018 2:54 PM Author: idiotic razzmatazz senate can we buy these cheap and start opiod treatment facilities or senior centers (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868477) |
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Date: April 18th, 2018 3:31 PM Author: motley volcanic crater den cq (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868769) |
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Date: April 18th, 2018 2:50 PM Author: clear goal in life ape when is "xo collective wisdom" something you should rely on (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868437) |
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Date: April 18th, 2018 2:52 PM Author: idiotic razzmatazz senate agree to disagree (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868448) |
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Date: April 18th, 2018 2:52 PM Author: gaped heady idiot hell should i go to law school? (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868449) |
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Date: April 18th, 2018 2:53 PM Author: light brunch ETH (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868466) |
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Date: April 18th, 2018 2:55 PM Author: gaped heady idiot hell at the beginning xo collective wisdom was very much against investing in ETH (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868486) |
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Date: April 18th, 2018 2:56 PM Author: idiotic razzmatazz senate good counterpoint (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868492) |
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Date: April 18th, 2018 2:58 PM Author: light brunch Yeah you're right actually. Those voices really deterred me from investing in early 2017 (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868505) |
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Date: April 18th, 2018 3:09 PM Author: gaped heady idiot hell alls well that ends well (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868591) |
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Date: April 18th, 2018 3:08 PM Author: Bisexual crackhouse reading party Xo is stuffed full of risk averse dweeb coastcucks who grind themselves to death earning money for partners who will never elevate them beyond their serf level
If I had followed traditional xo advice back in 2008 I would be bald, have 2x more student loan debt and barely keep my head above water working 70 hours a week, all while my wife cuckolds me with Jamaal. |
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Date: April 18th, 2018 3:10 PM Author: gaped heady idiot hell describe your contrarian path (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868596) |
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Date: April 18th, 2018 3:12 PM Author: light brunch Cr (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868607) |
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Date: April 18th, 2018 3:30 PM Author: Bisexual crackhouse reading party TTT oil state law school on scholarship, extremely unprestigious but lucrative contract title attorney job, leveraged network into landman job, started company, sold company, now in house at an e&p (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868758) |
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Date: April 19th, 2018 12:27 PM Author: gaped heady idiot hell nice. if youre in texas we should grab a drink and talk and oil biz. im looking to learn more and start a biz (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35874451) |
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Date: April 18th, 2018 3:12 PM Author: clear goal in life ape (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868613) |
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Date: April 18th, 2018 3:27 PM Author: Dead area windowlicker lol @ listening to the bort consensus on anything investing related (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868740) |
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Date: April 18th, 2018 3:32 PM Author: clear goal in life ape *anything (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868772) |
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Date: April 18th, 2018 3:32 PM Author: idiotic razzmatazz senate will you help me quickly exeunt
for variety of reasons will not be able to purchase house for 2 years, but downpayment is primary saving goal right now
I have like $50K in a checking account, and $100K in investments ($50K crypto, $50K Wellesley Vanguard)
what should I do with this checking account money (or at least ~$35K of it). looking for moderate to low risk. tyia |
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Date: April 18th, 2018 3:35 PM Author: Dead area windowlicker stick it into a high yield online savings account or short-term CDs. (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868807) |
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Date: April 18th, 2018 3:35 PM Author: idiotic razzmatazz senate thanks. why this instead of treasuries? (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868811) |
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Date: April 18th, 2018 3:36 PM Author: Dead area windowlicker you could do that too. longer duration = bad imo. t-bills and short-term treasuries are fine. (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868817) |
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Date: April 18th, 2018 3:38 PM Author: idiotic razzmatazz senate thanks. are you generally bullish on the DOW over next 12 months or no (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868835) |
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Date: April 18th, 2018 3:38 PM Author: Dead area windowlicker yeah, bullish, but if i were in your shoes i wouldn't play the market with that money. (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868844) |
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Date: April 18th, 2018 3:49 PM Author: idiotic razzmatazz senate ty (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868910) |
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Date: April 18th, 2018 3:54 PM Author: light brunch What are some high yield savings accounts. l could put around $50k-100k In one and my current b of a savings account is lol just lol (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35868953) |
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Date: April 18th, 2018 4:08 PM Author: idiotic razzmatazz senate think I am going to do synchrony (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35869060) |
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Date: April 19th, 2018 10:37 AM Author: Wonderful people who are hurt gunner (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35873586) |
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Date: April 18th, 2018 3:53 PM Author: sapphire vibrant stag film gay wizard It's all over the place here on real estate.
My perspective is that owning is a wash, but I get what I want and have a very safe investment.
Best case is if you don't care if you live in a shithole (Jews), either rent or buy a cheap place you aren't going to update.
Personally, I like the fact that I can invest in the features I want in my home and not have to ask permission to make changes...while still owning in a market that is increasing in value. My mortgage also is a fixed price, so I'll be effectively be paying half in 15 years than I do now. Market rents go up. |
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Date: April 18th, 2018 4:00 PM Author: idiotic razzmatazz senate not a renting vs buying thread
talking about clubbing up with some bros and buying a small apartment complex |
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Date: April 18th, 2018 4:01 PM Author: light brunch That does sound chill in theory (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35869000) |
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Date: April 19th, 2018 11:55 AM Author: Swashbuckling station XO remains largely ignorant of everything except law firm culture and law school admissions, and the latter has significantly atrophied over the last five years.
XO's usual level of dialogue about politics, econ, sports (especially sports JFC), careers other than law, and real estate, is just barely above two drunk idiots sitting on adjacent barstools trying to bullshit each other. this place is heavily populated with risk-averse flame artist unhappy lawyers, unemployed loners, mentally ill people, and culturally isolated bitter minority dudes with borderline irrational views on society. LOL at taking this place's advice on anything seriously, let alone the utility or real estate. |
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Date: April 19th, 2018 12:25 PM Author: idiotic razzmatazz senate *yawn* (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35874438) |
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Date: April 19th, 2018 12:48 PM Author: pink personal credit line codepig (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35874582) |
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Date: April 28th, 2018 10:58 PM Author: beady-eyed forum corn cake WRONG (http://www.autoadmit.com/thread.php?thread_id=3952993&forum_id=2#35941625) |