[an]

flu, she’s actually not anti-common core. Although, she’s not pro-common core either. So, I’m assuming she can be swayed one way or the other. But the biggest thing about her is that she push for private school voucher. That would be F*cking AWESOME if she can get it done before 2017-2018 school year.

[an]

I’m not denying that basic supply/demand caused some price appreciation in the past and in the future. However, my point is, to get from thousands to millions in a few decades, the only way to get there is inflation. To take this to the futures, the only way your millions $ home become a billion $ home, you have to have massive inflation. No amount of supply/demand can get you there.

[an]

[quote=flyer]My kids, who are millennials feel pretty much the same, flu–the sky’s the limit–but they’re still glad they got into real estate before prices in desirable areas went off the charts.

Properties that once cost thousands are now in the millions, but, as we all know, that’s just the way supply and demand work, and, hopefully future generations realize that.[/quote]Supply and demand didn’t cause properties from going from thousands to millions. The biggest reason is inflation.

[an]

[quote=flu] You know what I like about a lot of you gen Yers? You guys haven’t gotten all jaded and bitter like a lot of old farts… I’m getting there, on my way to old fartism :)[/quote]Technically, I’m X, Y, and millennial, depending on which which source you pick for date, LoL.

[an]

[quote=flu][quote=AN][quote=flu]You know, even though I am out of the market mostly, I’m happy things aren’t crashing. I don’t want to be right on this one. Things just eerily looked similar to what it felt like pre-dot.com implosion just right after Bush2 took over.

Maybe Trump won’t be as bad for biz after all. Especially if there is a tax holiday for biz.

Anyway, I’m out mostly for the rest of the year, not necessarily because I want to be, it’s just at this point, I’d rather just wait for more clarity beginning of next year than anything else.[/quote]Well, to be fair, Bush 2 saw .com crash followed quickly by 9/11. So, that kinda shook things up quite a bit.

Also, I’m not feeling the euphoria that I felt in the late 90s. I remember making big gains in days to weeks on anything with a .com in the name or anything having to do with B2B. I don’t see us repeating the kind of crash we saw with the .com because we’re not as crazily valuated like we were with the .com. But, only time will tell. If we do see a 9/11 style attack though, all bets are off.

I’m super excited to see a tax holiday, lower taxes, reduce regulation (2 have to come off the book for every new one), energy regulation, removal of Obamacare, etc. If he does all of that, I predict an awesome 4 years economically.[/quote]

AN, I think for you the stars are going to align just perfectly for you in 2016 and 2017. Having thought over all that has happened, I think you are making the right decisions and your current future looks really bright. I’m really hope this is the your fortunes break out for you. I really want people I know to just kill it out there. So definitely, milk it for all it’s worth. You earned it! Here’s a to prosperous 2017.Go get it. It’s yours.[/quote]
Thanks flu. I hope so too. Only time will tell. I think if the star align for me, it’ll align for you too.

[an]

[quote=flu]You know, even though I am out of the market mostly, I’m happy things aren’t crashing. I don’t want to be right on this one. Things just eerily looked similar to what it felt like pre-dot.com implosion just right after Bush2 took over.

Maybe Trump won’t be as bad for biz after all. Especially if there is a tax holiday for biz.

Anyway, I’m out mostly for the rest of the year, not necessarily because I want to be, it’s just at this point, I’d rather just wait for more clarity beginning of next year than anything else.[/quote]Well, to be fair, Bush 2 saw .com crash followed quickly by 9/11. So, that kinda shook things up quite a bit.

Also, I’m not feeling the euphoria that I felt in the late 90s. I remember making big gains in days to weeks on anything with a .com in the name or anything having to do with B2B. I don’t see us repeating the kind of crash we saw with the .com because we’re not as crazily valuated like we were with the .com. But, only time will tell. If we do see a 9/11 style attack though, all bets are off.

I’m super excited to see a tax holiday, lower taxes, reduce regulation (2 have to come off the book for every new one), energy regulation, removal of Obamacare, etc. If he does all of that, I predict an awesome 4 years economically.

[an]

[quote=flu]Ok AN, you win. I admit, I was wrong and I over reacted to what I thought a Trump win would do.

BUT… You better be nice to me, otherwise I might be tempted to by more URTY and tank the market just out of spite 🙂

Heh heh….Just kidding.

Thanks for keeping me sane. Cooler heads prevailed, and that would be you. Thumbs up to you.[/quote]flu, I have 3% stop loss on URTY, so, the worse that can happen is I have to settle for 29% gain instead of 32% :-P. Would be nice to see a pull back about now though. Especially if we’ll get a Santa Claus rally.

[an]

http://money.cnn.com/2016/11/21/investing/dow-jones-stocks-record-high-trump/index.html?iid=hp-toplead-dom

S&P 500 is at an all time high and RUSSELL 2k is going gang buster after the election. URTY is up over 30% since the Wednesday after the election.

[an]

LoL

[an]

.

[an]

[quote=FlyerInHi][quote=AN][quote=FlyerInHi]The electoral college and districting just rigged the elections for republicans. [/quote]LoL, now the hardcore democrats are calling it rigged. Didn’t the Democrats told Trump and his supporters who were saying the election is rigged to stop being a cry baby and a sore loser? Only losers say the system is rigged when they lose.[/quote]

It’s only rhetorically “rigged” (a continuation of the theme started by Trump) in the sense that the bias is built-in. The rules were followed so the results stand.

It’s also objectively “rigged” in that the popular vote doesn’t count.

See, we elitists are more sophisticated in thinking.[/quote]LoL, keep telling yourself that if it helps you sleep at night. We’ve always been a Constitutional Republic, not a Democracy. So, it’s not rigged, since it was set up that way.

[an]

[quote=FlyerInHi]The electoral college and districting just rigged the elections for republicans. [/quote]LoL, now the hardcore democrats are calling it rigged. Didn’t the Democrats told Trump and his supporters who were saying the election is rigged to stop being a cry baby and a sore loser? Only losers say the system is rigged when they lose.

[an]

[quote=carlsbadworker]The ironic part is that the change Trump supporters seek is for things to remain the same as “good old days”. Make America Great again = We Want No Change, even while the whole world is changing around them.[/quote]They don’t seek things to remain the same. They seek for things to change so that they can live a middle class life style like their parents could. The world changed over the last 30 years to globalism. Today, it seems like the 1st world countries are having an undercurrent to change that back. Hence, Brexit, Trump, etc. I think you’re wrong that they don’t see or are aware of the world changing around them. I think they fully are aware of it, which is why they rose up and say the change is the wrong change for them. Not all changes are good for all people. Why else do you think we have Brexit and Trump?

[an]

LoL

[an]

http://www.reuters.com/article/usa-stocks-idUSL1N1DC1I9

Pretty awesome week.

[Author]

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