fareastwarriors

Anyone want to update their picks given everything that happened?

Saving America one can at a time. https://www.today.com/food/trends/arizona-iced-tea-99-cents-founder-don-vultaggio-rcna24899 Arizona Iced Tea founder says the 99-cent price tag will stay the same .

Thanks both. I have a HELOC with PenFed currently but I had a regular appraisal when I opened the line. 3.75% I/O. Think it's not bad considering I got this like 3 or 4 years ago.

If you're younger, just keep adding with every paycheck. This correction is barely that long or deep...but sometimes you have to pay the tuition. It's part of the learning.

Any lenders that do Desktop or Drive-by appraisals for HELOCs or other property-secured loans?

I'm in the Cali too but haven't gotten a HELOC recently. Hopefully you lock in some great low rates last year! Definitely check out your current lender and also check with the Big Banks BAC/C/JP/WFC and Schwab to see what kind of rates they are offering if you bring in assets (relationship discount).

What's the question? You want to see what others are getting to compare?

For some people, not paying attention might be optimal! At least they aren't going to lose it trying to be fancy and investing into things they don't know anything about!

Whoring 20s? lol...what? I'm too old for this craziness https://nypost.com/2022/05/16/is-nyc-living-up-to-its-whoring-20s-reputation-of-wild-sex/

AIV and PCYO

Picked up some AIV at $6. I;m a wimp.

Usually CNBC will have a full replay available. It might be a few days later though.

They are only in the morning session. In the morning session, Vice Chairmen Charlie Munger, Ajit Jain and Greg Abel will be available to answer questions from both the audience and Becky. Ajit handles insurance operations and Greg is in charge of all other operations. If questions are asked that are relevant to either of these areas, Becky or the on-premise questioner will get an answer from Ajit or Greg. Neither of them, however, will be available for questions at the afternoon session. https://www.berkshirehathaway.com/meet01/visguide2022.pdf

Some BRK.B to celebrate the old guys. enjoy the meeting!

Elon Musk will be the most indebted CEO in America if the Twitter deal goes through https://www.cnbc.com/2022/04/28/elon-musk-will-be-most-indebted-ceo-in-america-if-twitter-deal-closes.html According to research firm Audit Analytics, Musk has more than $90 billion of shares pledged for loans.

He might own 48%-50% of SpaceX. Valuation reported last round was at $100 billion. That's a lot of coin. https://www.forbes.com/sites/jonathanponciano/2021/10/08/elon-musks-spacex-reportedly-lands-100-billion-valuation-in-private-investor-transactions/?sh=bba5f9d44161 How much of SpaceX does Elon Musk own? According to Barron’s, Musk owns about 50 percent of SpaceX. Forbes places his ownership more specifically in the 48 percent range. Despite his owning less than half of the company, Musk retains absolute control over SpaceX and its business operations. This is because Musk controls a whopping 78 percent of voting shares in the company, giving him more significantly more leverage than any of SpaceX’s other shareholders.

More PCYO and some CKX

Trash is cash.

Seems like a big deal if 401k providers start to offer BTC and cryptos into their lineup. NY Times: Fidelity’s New 401(k) Offering Will Invest in Bitcoin

I been getting office furniture ads and Mobil gas ads when I'm on mobile. Well on desktop, my ad blocker is doing a wonderful job

More PCYO and MSGE and picked up some BAC under 36 (forgot I had an outstanding buy order lol). legacy holding from the post GFC days.

For primary, I wouldn't even bat an eye if the prices around my neighborhood were down 20%. Down 20% from all time high still seems crazy expensive for my little old neighborhood. I wouldn't sell unless I need to move for other reasons like work or family. For investments, again I wouldn't sell. Especially in California, the property tax situation favors long term holding. Ex: I pay about $5,000 for property tax for a house that's worth about $1.2M. If I buy another $1.2M house, I would pay $18,000 instead per year. To battle against landlord unfriendly laws, I'm trying to scale up. If 1 out of 2 tenants not paying, that's a major issue but if 1 out of 20, it's still manageable. We'll see how this works out. No vacation home yet. I'm slacking!

More $CLPR under 9

PCYO and CLPR