fareastwarriors

Trimmed a bit of FB

For emergency fund/down payment, then I say just keep it in cash (like your online savings account). I'll would also turn on margin in your brokerage account. Even if you don't plan on using it, it can act like a small "emergency fund." Holding taxable bond fund in a taxable account is just not worth it especially at our current rates.

What is the purpose of this bond allocation? To reduce volatility? If you're younger side and just starting career, there are very little reasons to even hold bonds.

Been averaging down on my BTC and ETH holdings

Private boat launch from the balcony. Usually have to pay extra for that

Couldn't repurpose them? Seems awfully wasteful. Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them. https://www.cnbc.com/2021/07/19/malaysian-police-steamroll-1point25-million-worth-of-bitcoin-mining-rigs.html

a bit of PSTH

Maybe I need a new thread? Is there anyone with wind turbines at their personal residence?

Home Buyers Paying Cash Are Dominating the Property Market in These Cities In some Florida and New York metro regions, it's tough to compete for homes unless you have access to a ton of cash. https://www.bloomberg.com/news/articles/2021-07-15/real-estate-market-dominated-by-cash-buyers-in-2021?srnd=premium Top Five All Cash Cash buyers are dominant in Florida, which is a popular destination for retirees — and their life savings. Metro area Percent of purchases made in cash West Palm Beach, FL 53% Naples, FL 53 Nassau County, NY 50 North Port, FL 49 Port St. Lucie, FL 46

Well this is embarrassing. The reason is I forgot I had an outstanding limit order for it... I usually have a bunch of orders outstanding at various price points for my holdings.

Picked up some more PSTH.WS

The World’s Financial Centers Struggle Back to the Office https://www.bloomberg.com/graphics/2021-return-to-office/ Vacancies in the city’s commercial real estate market suggest a rebound will be slow-going. The amount of office supply in Manhattan reached the highest level in at least three decades in the first quarter. Sublease space available reached 22 million square feet (2 million square meters), 62% higher than before the -pandemic and more than the levels seen after the great financial crisis and 9/11 terrorist attacks, according to Savills.

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!