1. My W2 total comp is at peak. My company might be teetering back and forth, but I’m use to it now (sort of)…
2. My rental income is providing good backup source of income….
3. My fixed rate debt obligations are rock bottom and my outstanding good debt (is any debt really good? 🙂 is going down…
4. Stocks are near high, and though I might not be having the best returns right now, it’s still beating that 1% CD for the past few years…
5. Job market hasn’t been terrible for nerds and geeks.
I wish the local markets had better rental properties that could cash flow…I know if I tried a lot harder and look elsewhere, there probably can be more rental properties outside of SD. But I don’t think I’m ready to be a full time landlord all over the place (if ever)…I don’t think the rental market is topped out, and folks seriously want to do this full time probably can do it even today if they are more flexible in where they buy rentals (not in SD for example)…. I’m not ready for that yet….My own fault and limitation.
The only thing that isn’t getting better is my driving. My car is setup just fine, and everyone that drives it is surprised how well it’s setup…But every month my driving gets worse….
And no, we didn’t see that average 30-35%+ plunge in home prices in Carmel Valley or Del Mar that people were expecting to see..And no, we didn’t see all that pent up shadow inventory in this area that supposedly existed too.
