Ulti

Kind of agree. I've owned CSCO for a good bit of time. Looks like they are full on to the shift to services and software...Maybe they think that there will be less money spent on corp networking with more stay home workers? They've expanded into high margin areas like security and 5G so it might not be a bad fit with SPLK.

Thought it was CSCO making the $20B offer

I've done this for several relatives. For the 94 year old mother in law, who's financial person had her in 90% equities, I dropped her to 50\25\25. There is enough liquidity to last and she and her family know that losses can occur but not as severe as before. I chose not to manage her account because I do not like back seat drivers who don' know how to drive (I only have a learner's permit.) For the younger nieces and nephews, I've made sure they had emergency funds, Roths and some type of 401k\ira set up. Vehicle of investment choice is VGSTX which offers broad diversification across asset classes at low cost. They are told to go to Vanguard and read about the fund. Also told to educate themselves before investing in individual securities. I also step out but tell them I'm happy to be consulted. Don't want to risk the relationships.

yes could be the old "the only cure for high prices is high prices" .. high oil leads to falling demand and higher interest rates which leads to lower oil. I like this tweet from Brent Donnelly

https://calculatedrisk.substack.com/p/lawler-more-on-investor-purchases-e45?utm_campaign=post&utm_medium=web It seems like with the above, crowdsourcing via real estate fintech , and companies like Blackstone buying MF..... there is a long runway for companies like AIV APTS and CLPR. Am I missing something?

Thanks Pupil... If ever interest rates start approaching the annualized distribution rate of the fund...It would slow down? And companies paying above market rates for properties like Blackstone is currently doing is one of Gregmal's thesis behind APTS and AIV bets? Sorry if the questions seem very basic. I've been in the medical field for 40 years and my commercial real estate understanding, except on a very personal basis, has been nonexistent.

Blackstone acquires Decatur apartments for $100 million... The apartments were sold far above average market price for the area, indicating high-value sales are pushing pricing higher. This is happening all over the metropolitan Atlanta area ( and I'm sure all over the Sunbelt). It seems this trend really started in 2009-2010 with Colony and other companies buying up massive amounts of housing for rental property and will continue even with high inflation\interest rates. And as you read about the effort to form Buckhead City, for myself and many Buckhead residents, it's not only about the crime. It's about progressive proposals to increase density in single family neighborhoods and eventually eliminate single family zoning altogether. And the arguments that Buckhead was founded on racist policies to back these proposals is also being made. ( full disclose: I'm a moderate and I also can't stand the people who are leading the effort for Buckhead City.) All this leads me to the questions 1)what can stop this multifamily trend and 2) when does it stop? How does demographics and boomer retirement play a roll( and it does according to Calculated Risk post )? Is it cyclical like I'm seeing in energy and commodities? I'm not the brightest bulb on the planet by any stretch and appreciate in advance any responses that help my education.

https://humbledollar.com/2021/11/when-cash-is-king/

I happen to fall in your camp..long the local company APTS. Go Braves

https://calculatedrisk.substack.com/p/most-housing-units-under-construction?utm_campaign=post&utm_medium=email&utm_source= Currently there are are 714 thousand multi-family units under construction. This is the highest level since 1974! For multi-family, construction delays are probably also a factor. The completion of these units should help with rent pressure.

the “NAR report calls an "underbuilding gap" of 5.5 to 6.8 million housing units since 2001.” I don't know how things are in the rest of the country, but here in Atlanta the local government is pushing to have sf lots be zoned for mf. All because of limited housing and need for more tax revenues. I think this is adding to the push for having a separate Buckhead city. I don't think the lack of housing will start to end here until boomers are off to the nursing homes.

https://calculatedrisk.substack.com/p/will-4-mortgage-rates-halt-the-housing?utm_campaign=post&utm_medium=email&utm_source= Bill Mcbride's response