fareastwarriors

Anything interesting going on oil-related names? Too early?

I need some help there too! Usually use IBKR but have Robinhood app for fun.

FAIRX.... sigh

https://twitter.com/deitaone/status/1252311652772478976?s=21

Look at list of holdings, there aren't any names he's willing to nibble on when they went down 20-30%? Add to your favorites when it's on sale?

Renaissance hedge fund reportedly having one of its best years ever https://www.cnbc.com/2020/04/17/renaissance-hedge-fund-reportedly-having-one-of-its-best-years-ever.html

yet it happens Every market correction...

I'm still paying $15 a month for Adobe Acrobat. The free stuff online can work for a bit in a crunch but the professional tools are just better in my situtation.

State Unemployment Benefit + $600 Federal Pandemic Assistance (7/31) = bigger than regular paycheck for most lower income people If have you a mortgage, you request forbearance upto a year... Some lenders will want to pay lump sum at end of forbearance period but most will work on payment plan or some even extend the life of the loan. Wells Fargo is moving unpaid payments to the end of the loan. https://imgur.com/a/q0KpBdC

Hope those parents/grandparents have a big inheritance for us!

I like Person of Interest.

how about an EV? We wouldn't have bought an EV, as we want (and currently own) a 7 seater SUV. The Tesla Model X is $120k CAD for the 7 seater, and the top end Toyota Highlander is only $50k CAD. $70k buys a lot of gas, even assuming prices return to much higher levels. Not that those are identical vehicles, of course. When we replace our sedan (a 2018) in 7-12 years I think it's very likely we'll get an EV. I see. It sounds an EV is not right option for you right now. I'm sure there will be deals to be had for a SUV over the coming months! Good luck. Personally speaking, I'm never going back to ICE.

how about an EV?

Yes, the SALT deduction changes definitely impacts RE values in high tax states - NY, NJ, CT and MA. NY probably the worst. LOL. That's likely a reason a friend lost a bid on a house against 5 cash offers two weeks ago. Not. My cousin is not backing away from 900k house in SF Bay Area suburbs. It will be her primary residence. She is not worry about a downturn and said she will buy more as investments if she see "deals."

Yes, the SALT deduction changes definitely impacts RE values in high tax states - NY, NJ, CT and MA. NY probably the worst. Speaking for CA, we needed a price correction in 15-30% for a while now. It has gotten crazy last 3-5 years. So maybe a 1.5m home will only be ~1+m in the fall/winter or next year. Wow, such a discount.

Where are your apartments located primarily?

Thought this thread is about the stock market...

No, not right now. The pending stimulus bill has it. Obviously it's not law yet...

My personal favorites right now are: How I Built This The Pitch

Interesting thing is how unemployment insurance for Gig workers would work. That group of workers would add substantially to the numbers.

Publicly traded Health insurers have been consolidating. They are can probably withstand the hit and can put downward pressure on health providers when needed.

I been nibbling. I can't call the bottom so I can DCA in over time.

Does anyone know who's the asshole who voted against it?? Senator Rand Paul

QE infinity!

@James22 I have high yield savings accounts that yield nowhere close to 2.3% What's a Stable Value Fund? And how does the risk profile compare with an ETF like TLT? Thanks https://www.investopedia.com/terms/s/stable-value-fund.asp