Congratulations to the Dow hitting 40,0000
Comments
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Bob said he bet against me that day. You took half that action. You owe me half of what I invested. I'll settle for the membership fees for HH as a pay off.
Bob wasn't a fool to listen to my stock advice?…..he certainly was (and everyone else) in the case of NVDA that day if they didn't heed it. I mean, that explains a lot if you guys think that delivering a 10% win in 24 hours after I gave said advice was a negative.
But then again, Pawz knows there's a reason Fox settled with Dominion for $787 million dollars, he just can't articulate it.
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Your personality is the negative. What a putz!
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Fender, if the price of your house has doubled, I don't think any of those added costs come anywhere near the price of your house doubling. Trust me, I know. I've done the actual math.
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You don't have to ask me Bill….i've demonstrated my ability to this board for everyone to see. I know y'all hate it, but its time you all accept it.
Some of you have demonstrated your ability as well. Jimmy "TheCompensationPackage" Clapp up there had no clue how a compensation package worked until I educated him. Now he can give his employees bonuses and stocks going forward now! Youre welcome.
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Of course your house value going up only means something if you are planning to sell. You'd also be an idiot to sell and trade a 2.3% mortgage for a 7% one. But those extra costs impact your cash flow in the moment.
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Even I knew that
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You are a child.
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$100 monopoly money says you'd rather have your home at the high price in 2024 than the lower price in 2020…..am I right?
Only an idiot like EverettChris would say No, for various reasons.
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Unless you are planning on leaving the area and going somewhere cheaper, it hardly matters in the short term.
So I should be happy that if I sell my house that I bought in 2012, refinanced at 2.3% in 2021 right now and use the equity to buy something with 500 more square feet down the street and double my payment because interest rates are over 2.5x vs 2020? And then pay capital gains tax on the profit from 2012 prices to 2024?
These price increases combined with high rates (relative to 2020) has caused most people to hunker down in place.
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History says we'll see a deep housing price drop as well. Mine has gone up tremendously four to five times what I paid to build it but Idaho has been through booms and busts before they don't skyrocket taxes here because of that but there certainly was a pretty good increase. Most of that increase in housing prices and taxes was caused blue staters running here to escape. Real estate has cooled here but we'll see what summer holds. I own mine outright. No house payments here but I am financially illiterate according to some here.




