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  1. #301
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    Quote Originally Posted by finalleaf View Post
    I think one thing to note is the leverage that you get in real estate with the mortgages, really really really cheap leverage, so your gains are on top of very small principle.

    e.g cant really compare 500k house (on 5% down and well used to be 3% interest) appreciation vs 500k in stocks appreciation if the leverage are different
    I was looking at cash on cash returns and most folks were investors were between 8-12%. Granted, this was before this recent real estate rally

  2. #302
    Quote Originally Posted by Lawineer View Post
    In the past year:

    BA is down 50%
    Apple is up 11%
    IBM is down 3.05%
    BBWI is down 32%

    SPY is down 6%.

    Individual stock picking is fun, but it's a bad way to make money long term.
    THAT IS WHY YOU BUY THOSE stock now! they are down, just like buying your viper 5 years ago when it was 50K, now they are 100K + Buy Low sell High.

  3. #303
    Enthusiast Lawineer's Avatar
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    Then why buy apple?

    Catching falling knives (especially retail knives) is a risky strategy. I’ll stick to index funds.
    2013 GTS- Black w/ Gunmetal stripes. DSC Tractive Coilovers, ACR sways, carbon stuff, TA spoiler.
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  4. #304
    Quote Originally Posted by Lawineer View Post
    Then why buy apple?

    Catching falling knives (especially retail knives) is a risky strategy. I’ll stick to index funds.
    Between your previous "pro bitcoin/shinu/etherum,/alt coin" comments earlier in this thread and the latter "stick to index fund" comments you really have an interesting risk tolerance.
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    2016 1 of 1 Viper GTC Prefix 9.0 Stroker Stage 2 Arrow

  5. #305
    Quote Originally Posted by viperman4125 View Post
    THAT IS WHY YOU BUY THOSE stock now! they are down, just like buying your viper 5 years ago when it was 50K, now they are 100K + Buy Low sell High.
    You mean that's why you carefully trickle money into those investments over time. You can never time the market and know where bottom is. I think things may get worse before better.
    I always have at least around 10% of my investments in cash laying around for these bargain shopping opportunities. I'm not buying any individual equities right now, trickling into the indexes on the bad days. When things start looking better, solid companies only.
    Last edited by Gen5snake; 05-25-2022 at 09:53 AM.

  6. #306
    Quote Originally Posted by viperman4125 View Post
    THAT IS WHY YOU BUY THOSE stock now! they are down, just like buying your viper 5 years ago when it was 50K, now they are 100K + Buy Low sell High.

    That's the NASDAQ in the past 5 years. Even as of today, it could very well be a falling knife. In fact, I can't imagine otherwise. And it will be similar for the Dow Jones and all markets everywhere on the planet.

    So, yeah, buying bargains, I'm all for it. Just not yet.



    nasdaq.jpg

  7. #307
    Enthusiast Lawineer's Avatar
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    Quote Originally Posted by ViperNC View Post
    Between your previous "pro bitcoin/shinu/etherum,/alt coin" comments earlier in this thread and the latter "stick to index fund" comments you really have an interesting risk tolerance.
    Lol, yeah, I kid around that my financial strategy is bipolar. Restaurants, crypto and a super speculative neuralink competitor, but all so index funds and cash, lol.

    I view crypto as going to Vegas though. I put a decent chunk of change in there and we'll see what happens. I dont pretend to invest on any real strategy or fundamentals (and I think that anyone who even alludes to them with crypto is clown). That money is long gone as far as I'm concerned. If it doubles, I'll take it out. If it doesn't, that was interesting.

    Quote Originally Posted by Aevus View Post
    That's the NASDAQ in the past 5 years. Even as of today, it could very well be a falling knife. In fact, I can't imagine otherwise. And it will be similar for the Dow Jones and all markets everywhere on the planet.

    So, yeah, buying bargains, I'm all for it. Just not yet.

    nasdaq.jpg
    Exactly. Just because it's 25% cheaper than it was last year doesn't mean it's a good value. It just means it's 25% cheaper than last year.
    I also agree on QQQ having more pain left.

    BTW: Average new home sale price dropped 22.5% last month.
    2013 GTS- Black w/ Gunmetal stripes. DSC Tractive Coilovers, ACR sways, carbon stuff, TA spoiler.
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  8. #308
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    I thought it was new home sales volume dropping by a big amount - but prices are still sky high. Who knows what will happen to housing prices. They're overvalued right now, but supply is still tight and demand is high. Many buyers (especially first time buyers) are dropping out of the market because they're priced out - but from what I'm seeing, prices in general are still pushing higher.

  9. #309
    most likely geographically dependent..

  10. #310
    Enthusiast Lawineer's Avatar
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  11. #311
    Quote Originally Posted by viperman4125 View Post
    Buy 1000 shares of BA. 1000 Shares of Apple. 1000 Shares of IBM , 5000 shares of BBWI and the rest in Tesla.
    In one year will will have more than doubled your money. more like 3x.
    Dave
    Ok Mikey, and Lawwineer,
    Since the Time I posed this yesterday, Ba is up $3,000.00, BBWI is up $17,500.00, Apple is the same, Tesla is up $37,000.00, IBM is up $1,000.00
    Total one day Plus is 58,500.00 on those Co.. as of NOW. Your S&P will not be up that much, You have almost enough $$$ to buy another Viper. 58,000.00.
    So to all those Na -Sayers, here you go. Not a bad day of i would say.

  12. #312
    Quote Originally Posted by viperman4125 View Post
    Ok Mikey, and Lawwineer,
    Since the Time I posed this yesterday, Ba is up $3,000.00, BBWI is up $17,500.00, Apple is the same, Tesla is up $37,000.00, IBM is up $1,000.00
    Total one day Plus is 58,500.00 on those Co.. as of NOW. Your S&P will not be up that much, You have almost enough $$$ to buy another Viper. 58,000.00.
    So to all those Na -Sayers, here you go. Not a bad day of i would say.
    LOL cherry-picking

    Fair enough. Are we allowed to rub your nose in it when a bad day will hit?

  13. #313
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    Quote Originally Posted by viperman4125 View Post
    Ok Mikey, and Lawwineer,
    Since the Time I posed this yesterday, Ba is up $3,000.00, BBWI is up $17,500.00, Apple is the same, Tesla is up $37,000.00, IBM is up $1,000.00
    Total one day Plus is 58,500.00 on those Co.. as of NOW. Your S&P will not be up that much, You have almost enough $$$ to buy another Viper. 58,000.00.
    So to all those Na -Sayers, here you go. Not a bad day of i would say.
    I never said anything about it? Nearly my entire portfolio is in VITAX.

    - - - Updated - - -

    Quote Originally Posted by viperman4125 View Post
    Ok Mikey, and Lawwineer,
    Since the Time I posed this yesterday, Ba is up $3,000.00, BBWI is up $17,500.00, Apple is the same, Tesla is up $37,000.00, IBM is up $1,000.00
    Total one day Plus is 58,500.00 on those Co.. as of NOW. Your S&P will not be up that much, You have almost enough $$$ to buy another Viper. 58,000.00.
    So to all those Na -Sayers, here you go. Not a bad day of i would say.
    I never said anything about it? Nearly my entire portfolio is in VITAX, which is an MSCI 25/50 index. It already holds 20% Apple, and I'm sure some of the others you mentioned. I live solely off of my investments
    Last edited by Mikey; 05-25-2022 at 02:29 PM.

  14. #314
    Enthusiast Lawineer's Avatar
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    Quote Originally Posted by viperman4125 View Post
    Ok Mikey, and Lawwineer,
    Since the Time I posed this yesterday, Ba is up $3,000.00, BBWI is up $17,500.00, Apple is the same, Tesla is up $37,000.00, IBM is up $1,000.00
    Total one day Plus is 58,500.00 on those Co.. as of NOW. Your S&P will not be up that much, You have almost enough $$$ to buy another Viper. 58,000.00.
    So to all those Na -Sayers, here you go. Not a bad day of i would say.
    Lol, this strategy can be accurately summarized by "I buy the stonks when they're down because stonks can only go up."

    If you honestly think you were able to identify that this one going to happen the next day or that this is proof you're smarter than the market or even that this says something to the nay-sayers, I definitely don't want to follow your advice.


    Just the fact that you're talking in dollars instead of percentages is pretty telling. How did you even get an amount you'd be up in Tesla based on your picks? You just said "and the rest in Tesla. You would have had to buy over 1,100 shares of Tesla at $628 for a total of over $700,0000. I mean, come on.

    I assume you didn't buy all this overnight.
    If you bought it 5 days ago, you'd be DOWN $43,700. If you bought all that in SPY 5 days ago, you'd be UP $21,000
    If you bought it 1 month ago, you'd be DOWN $221,000!!!. If you bought all that in SPY 1 month ago, you'd "only" be DOWN $46,000
    Last edited by Lawineer; 05-25-2022 at 02:56 PM.
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  15. #315
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    A rain dance works because eventually it does rain.
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  16. #316
    The title of this thread needs to be renamed to "Personal finances go up in value". People from all over are going to be visiting the VOA to get the latest financial advice.

  17. #317
    Back to snakes! What do you think the bottom of our cars will be if we do go into a massive recession? I know "vipers only go up" blah blah but it's still a luxury good in the end, even if it won't "tank" I'm still expecting some adjustments

  18. #318
    yeah, bottomline:

    Buy Vipers.

  19. #319
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    Quote Originally Posted by finalleaf View Post
    Back to snakes! What do you think the bottom of our cars will be if we do go into a massive recession? I know "vipers only go up" blah blah but it's still a luxury good in the end, even if it won't "tank" I'm still expecting some adjustments
    In an inflationary environment, the smartest thing to buy are collectible tangible goods that are reasonably liquid. It's old style advice, and when I was a licensed broker I stuck to it. I missed out on a lot of investments that I thought were crazy (Twitter, Tesla, to name a few) - but I didn't get killed by any downturns in the market. Be diversified is the key - buy high quality stocks, keep some safe bonds, buy gold and silver, buy quality cars and guns, and protect your portfolio by selling covered calls on your long positions and buying puts on the SPY and QQQ. Thus far, I'm happy with how it's gone, and I've lived through a bunch of recessions. Main thing is to sleep well at night and not stress about the day to day crap in the markets.

    EDIT: BTW - I picked up my new Jeep Rubicon 392 the other day, I've been having a blast with it, and it's already appreciated by 100% from what I paid for it. My ACR-E in Stryker Purple and fully loaded - I can't even guestimate what that's worth these days.
    Last edited by Martin; 05-25-2022 at 04:58 PM.

  20. #320
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    Quote Originally Posted by Martin View Post
    In an inflationary environment, the smartest thing to buy are collectible tangible goods that are reasonably liquid. It's old style advice, and when I was a licensed broker I stuck to it. I missed out on a lot of investments that I thought were crazy (Twitter, Tesla, to name a few) - but I didn't get killed by any downturns in the market. Be diversified is the key - buy high quality stocks, keep some safe bonds, buy gold and silver, buy quality cars and guns, and protect your portfolio by selling covered calls on your long positions and buying puts on the SPY and QQQ. Thus far, I'm happy with how it's gone, and I've lived through a bunch of recessions. Main thing is to sleep well at night and not stress about the day to day crap in the markets.EDIT: BTW - I picked up my new Jeep Rubicon 392 the other day, I've been having a blast with it, and it's already appreciated by 100% from what I paid for it. My ACR-E in Stryker Purple and fully loaded - I can't even guestimate what that's worth these days.
    Wish I had the energy to seriously consider investments, but I am spending too much time having fun to worry about it. I have worked hard all my life (I'm 74) and as a result, non-invested cash is stacking up faster than I can spend it. Retired senior military officer, didn't start taking SS until 72 so it is maxed, disabled veteran, and overpaid as a business developer for a defense contractor - on my schedule! My corporate employee-owned stock went up 18.6% last year, and 15% the year before. Even a 401K that the company provides (I don't contribute) has done well in safe investment accounts for 20 years. Cash still sitting idle from a big house sale before the last housing market crash - timing is everything. My biggest concern is hoping the economy "gets real" enough that I can get a Z06 without having to pay a ridiculous dealer mark-up spurred on by flush-with-cash flippers. I will never sell my ACR, but it would be fun to test it against Chevy's best --- frequently. Having fun, and not quite broke. LOL

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  21. #321
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    Quote Originally Posted by finalleaf View Post
    Back to snakes! What do you think the bottom of our cars will be if we do go into a massive recession? I know "vipers only go up" blah blah but it's still a luxury good in the end, even if it won't "tank" I'm still expecting some adjustments
    For ACR-E, not likely to happen by any notable amount. People with money are stacking collectible cars as fast as they can. And now we're onto motorcycles and atc's it seems. 1993 CBR900RR's recently sold for $50k and $52k on BaT. Early 80's ATC250R at $30k right now.

    Theres a ton of money out there and people know that holding it is setting it on fire. With stocks and housing stumblimg a bit, where should all those dollars flow?

  22. #322
    Quote Originally Posted by Lawineer View Post
    Lol, this strategy can be accurately summarized by "I buy the stonks when they're down because stonks can only go up."

    If you honestly think you were able to identify that this one going to happen the next day or that this is proof you're smarter than the market or even that this says something to the nay-sayers, I definitely don't want to follow your advice.


    Just the fact that you're talking in dollars instead of percentages is pretty telling. How did you even get an amount you'd be up in Tesla based on your picks? You just said "and the rest in Tesla. You would have had to buy over 1,100 shares of Tesla at $628 for a total of over $700,0000. I mean, come on.

    I assume you didn't buy all this overnight.
    If you bought it 5 days ago, you'd be DOWN $43,700. If you bought all that in SPY 5 days ago, you'd be UP $21,000
    If you bought it 1 month ago, you'd be DOWN $221,000!!!. If you bought all that in SPY 1 month ago, you'd "only" be DOWN $46,000
    IF you READ the 1st email. I said to buy it now. NOW that day, not last week. Must read. I would have made him near 10% in one day. More than the S&P all year. I have doing this for over 20years. You have to know what the hell is going on, You have to live it.
    Lol, all good ! All fun.

  23. #323
    Quote Originally Posted by 2013GTS View Post
    What are everyone's thought of the Viper going up in value?
    Right now they cost more that their MSRP. Do you think its at its highest selling price or will it keep going up?
    Amazing how off track things can get in seven months.

    It would be interesting to see what the average cost was when this thread started compared with now. Is the value at a plateau or are prices rising?
    #6 of 11 Roanoke Special Edition ACR Extreme

  24. #324
    Autotrader has about 50 gen 5 vipers for sale. I don't see prices going up. That's a healthy supply and the most I've seen for sale in years. I even saw some price reductions as well.

  25. #325
    Regular Vipers are still up there but it appears that ACR-E Gen V ones demand the biggest bucks, especially SE ones. For example, I could swear that the price on this one actually increased:
    Attached Images Attached Images
    #6 of 11 Roanoke Special Edition ACR Extreme


 
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