The stock market is tanking, we should be happy right????

[Anonymous]

[quote=flu]Of course everyone always talks about the time they bought and scored, no one likes to talk about the times they bought and got screwed….[/quote]

You really want to hear about my recent trip to the Mustang Ranch?

Her name was Ginger, or something like that…

[moneymaker]

Interesting that you should mention the City of Commerce. Being a non-LA type I had no idea about the place until I stopped at a Carl’s Jr. late one night. Nothing bad happened but I’m glad it wasn’t my wife stopping there by herself.

[scaredyclassic]

no one really knows.

but im pretty sure it’s not ez to make $ trading stocks.

what research can one small peon to find info not already priced into the mkt? how can u beat out all the other smart researchers?

[FlyerInHi]

[quote=kev374]
Btw, Huntington Beach is way more expensive than Irvine depending on the exact zip, but even in other parts it’s on par with Irvine. There is no cheap place in Orange County… if you want cheap you have to go to the real ghetto, City of Commerce which is where the nation’s drugs are peddled. The neighborhood is so disgusting that if this was Detroit houses would be selling for $5 or even free, but since it is LA the asking is “only” $500,000 LMAO![/quote]

My friend bought a house with huge lot near Bella Terra (so not the best area near the beach) for about $350k at the bottom. 1 bedroom condo was about $150k. Paid off housing in OC is good peace of mind, if you’re afraid of job loss. Hope you make losts of money in the stock market before the next recession.

[Coronita]

[quote=kev374][quote=flu]
I call bullshit on that one. [/quote]

what exactly is bullshit about it? I bought at 251 sold when it reached 260… not rocket science. I did not sell my international holdings or my bonds which are both negative but they will eventually rebound.

My buddy bought $100,000 worth of AMZN 2 years ago at 620, he clocked in a profit of $150,000 in just 2 years for doing virtually nothing… he sold a few shares and bought a new car, GIFTED by Amazon thanks!

Making money in an upmarket, especially the last 2 years with zero volatility was stupidly easy.

The biggest mistake was trying to attempt in buying homes which is a losers game. Should’ve spent more time researching the stock market.

Making money in the stock market is easier than one thinks.. you just need to know how the game is played, much much easier than housing and you don’t need the kind of ridiculous capital that you need to get into housing.

Btw, Huntington Beach is way more expensive than Irvine depending on the exact zip, but even in other parts it’s on par with Irvine. There is no cheap place in Orange County… if you want cheap you have to go to the real ghetto, City of Commerce which is where the nation’s drugs are peddled. The neighborhood is so disgusting that if this was Detroit houses would be selling for $5 or even free, but since it is LA the asking is “only” $500,000 LMAO![/quote]

no one said OC or socal in general is a cheap place. But come on now. $800k is a “starter” home? Yes it’s expensive in prime locations, especially since you waited that long. just like how stock prices were expensive waiting to Jan 2018. But there are plenty of places in decent hoods at the sacrifice of a longer commute.

2/2 townhome in Torrance for example is nowhere near $800k and about 1 hour commute southbound (been there, done that)

and, yes I call bullshit on you selling with a gain…But if you say so….

[utcsox]

Isn’t Santa Ana part of OC? Here is one hot property for you, 2 bedroom condos for $250K.

https://www.redfin.com/CA/Santa-Ana/3710-S-Bear-St-92704/unit-D/home/5279890

[utcsox]

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