fareastwarriors

Trimmed some WFC

Another bloomberg article: Manhattan’s Apartment Rebound Means Sweet Deals Are Fading Fast As tenants pour in, landlords are trimming pandemic-era perks New arrivals are competing with New Yorkers plotting a return https://www.bloomberg.com/news/articles/2021-07-14/manhattan-s-apartment-rebound-means-sweet-deals-are-fading-fast?srnd=premium

Some BRK.B too. Happy Friday!

Congrats! Expect any higher bids to come in?

$MO more $MO problems

Added more to APTS

FRPH and NPSNY

Picked up some APTS last few days. Currently burning money at Disneyland... Should be long $DIS ! Happy Independence Day weekend you animals.

Warren Buffett's deputy has scored a 300% gain on Dillard's in 9 months - and now boasts a $170 million stake https://markets.businessinsider.com/news/stocks/warren-buffett-deputy-ted-weschler-makes-gain-dillards-stock-2021-6-1030534902

Picked up some more JBGS under $33

Same. Can't beat those margin rates. But I heard you can negotiate your rates at other places. Maybe people with some coin like Greg can do that.

added a bit to PCYO under $13

I think you're responding to me but I ended up deleting my post. Yes, as mentioned, the stated income/no income verification loans are coming back. As a RE investor, I'm loving it. I think the underwriting is still okay since they only letting me do a cash out refi at 65% LTV with rates in low 4%, 30 Years fixed. I got other properties with higher than 5% loans. Can't wait to refi those!

Interactive Brokers will offer crypto trading by the end of the summer https://www.cnbc.com/2021/06/09/interactive-brokers-will-offer-crypto-trading-by-the-end-of-the-summer.html

Picked up some more $PSTH.

Care to share more?

I've trimmed many of my REIT names, especially office, but I have a hard time letting more go. The way I see it is even if the "easy" money has been made already, these REITS continue to offer mid-high digit yields at "reasonable" valuations. I'm not sure where to deploy the new capital. Yeah, I know I could just hold cash but I don't think I can trust myself to "time" the market that well.

All good points. For me, I just need to have a bit of money in the "game" before I can actually follow it and start doing the work. Before buying BTC and ETH last year, I hardly ever looked at anything crypto-related. These are still small allocations but I'm learning a lot more now. It's just how I work.

Trimmed some VNO at $49.

Really tragic to have to bury your own child. RIP. Condolences to Lewis family. https://www.sfgate.com/bayarea/article/truckee-fatal-car-crash-berkeley-high-16208369.php https://www.bloomberg.com/news/articles/2021-05-29/writer-michael-lewis-19-year-old-daughter-dies-in-crash

Corn at $0.15 per ear. Cherries at $3 for 2 lbs. Chicken quarters/legs/drumsticks for $0.88/lb Pork spare ribs at $1.69/lb Ground beef at $1.77/lb Tri Tip at $2.88/lb Eggs at $1 a dozen Not organic though With McDonalds, use the app. It has free large fries promo constantly. Or use coupons... This is all from HCOL - SF Bay Area. Definitely inflation out there but deals can be found!

Newbie questions. What are the "best" places to buy some stablecoins? Easy to use site or app and relatively "secured." U.S.-based investor

Will add in the low 30k's and more in 20k range

Glad to see him posting again. Missed his writing.

a bit to BRK.B. No new news, just adding as funds free up.