[felix]

It seems there are questions about my purchase. I thought short of telling you the exact location and price, I gave you enough information. At any rate that is all I’m giving you about my purchase.

If you don’t believe me that’s okay. I guess I understand.

It does appear though that our analysis is different since I was a cash buyer and many here are doing analysis based on borrowing.

As I said, I looked upon this as a very good opportunity. I am certain others in my position will also and will also step in when they perceive the time is right.

Could it get better?

Certainly, but as someone not there everyday and with cash I need to put my cash to use, getting over 4.5% return with long term growth potential seems pretty good. Of course, you do have to have a renter for this to work.

There appears to be some here with much RE experience and finanacial expertise. I was just asking what other investments would those here look at instead.

I can tell you a little about myself.

I’m already in stocks. I’m a reasonably disciplined daily trader in the stock market and have been since 1983. I was a partner in two successful small trading firms. I also manage my own retirement portfolio.

I have cash in a number of different financial instruments from CDs and MMs, to Bonds and Treasuries.

[felix]

It seems there are questions about my purchase. I thought short of telling you the exact location and price, I gave you enough information. At any rate that is all I’m giving you about my purchase.

If you don’t believe me that’s okay. I guess I understand.

It does appear though that our analysis is different since I was a cash buyer and many here are doing analysis based on borrowing.

As I said, I looked upon this as a very good opportunity. I am certain others in my position will also and will also step in when they perceive the time is right.

Could it get better?

Certainly, but as someone not there everyday and with cash I need to put my cash to use, getting over 4.5% return with long term growth potential seems pretty good. Of course, you do have to have a renter for this to work.

There appears to be some here with much RE experience and finanacial expertise. I was just asking what other investments would those here look at instead.

I can tell you a little about myself.

I’m already in stocks. I’m a reasonably disciplined daily trader in the stock market and have been since 1983. I was a partner in two successful small trading firms. I also manage my own retirement portfolio.

I have cash in a number of different financial instruments from CDs and MMs, to Bonds and Treasuries.

[felix]

It seems there are questions about my purchase. I thought short of telling you the exact location and price, I gave you enough information. At any rate that is all I’m giving you about my purchase.

If you don’t believe me that’s okay. I guess I understand.

It does appear though that our analysis is different since I was a cash buyer and many here are doing analysis based on borrowing.

As I said, I looked upon this as a very good opportunity. I am certain others in my position will also and will also step in when they perceive the time is right.

Could it get better?

Certainly, but as someone not there everyday and with cash I need to put my cash to use, getting over 4.5% return with long term growth potential seems pretty good. Of course, you do have to have a renter for this to work.

There appears to be some here with much RE experience and finanacial expertise. I was just asking what other investments would those here look at instead.

I can tell you a little about myself.

I’m already in stocks. I’m a reasonably disciplined daily trader in the stock market and have been since 1983. I was a partner in two successful small trading firms. I also manage my own retirement portfolio.

I have cash in a number of different financial instruments from CDs and MMs, to Bonds and Treasuries.

[felix]

It seems there are questions about my purchase. I thought short of telling you the exact location and price, I gave you enough information. At any rate that is all I’m giving you about my purchase.

If you don’t believe me that’s okay. I guess I understand.

It does appear though that our analysis is different since I was a cash buyer and many here are doing analysis based on borrowing.

As I said, I looked upon this as a very good opportunity. I am certain others in my position will also and will also step in when they perceive the time is right.

Could it get better?

Certainly, but as someone not there everyday and with cash I need to put my cash to use, getting over 4.5% return with long term growth potential seems pretty good. Of course, you do have to have a renter for this to work.

There appears to be some here with much RE experience and finanacial expertise. I was just asking what other investments would those here look at instead.

I can tell you a little about myself.

I’m already in stocks. I’m a reasonably disciplined daily trader in the stock market and have been since 1983. I was a partner in two successful small trading firms. I also manage my own retirement portfolio.

I have cash in a number of different financial instruments from CDs and MMs, to Bonds and Treasuries.

[felix]

It seems there are questions about my purchase. I thought short of telling you the exact location and price, I gave you enough information. At any rate that is all I’m giving you about my purchase.

If you don’t believe me that’s okay. I guess I understand.

It does appear though that our analysis is different since I was a cash buyer and many here are doing analysis based on borrowing.

As I said, I looked upon this as a very good opportunity. I am certain others in my position will also and will also step in when they perceive the time is right.

Could it get better?

Certainly, but as someone not there everyday and with cash I need to put my cash to use, getting over 4.5% return with long term growth potential seems pretty good. Of course, you do have to have a renter for this to work.

There appears to be some here with much RE experience and finanacial expertise. I was just asking what other investments would those here look at instead.

I can tell you a little about myself.

I’m already in stocks. I’m a reasonably disciplined daily trader in the stock market and have been since 1983. I was a partner in two successful small trading firms. I also manage my own retirement portfolio.

I have cash in a number of different financial instruments from CDs and MMs, to Bonds and Treasuries.

[felix]

Itokuda, you want me to go into info I consider private. I don’t think it should be too surprisingly that’s something I’m not going to do.

However, I will tell you I purchased with cash, that I purchased where I’d have minimal HOAs and no Mello-Roos.
Insurance is about $1500/yr and the home is in the San Diego area with ocean views.

May I ask you something?

What kind of return do you think is good to get on a financial instrument at this time?

And what other assets besides RE do you think would offer me both a good return and good potential for appreciation?

[felix]

Itokuda, you want me to go into info I consider private. I don’t think it should be too surprisingly that’s something I’m not going to do.

However, I will tell you I purchased with cash, that I purchased where I’d have minimal HOAs and no Mello-Roos.
Insurance is about $1500/yr and the home is in the San Diego area with ocean views.

May I ask you something?

What kind of return do you think is good to get on a financial instrument at this time?

And what other assets besides RE do you think would offer me both a good return and good potential for appreciation?

[felix]

Itokuda, you want me to go into info I consider private. I don’t think it should be too surprisingly that’s something I’m not going to do.

However, I will tell you I purchased with cash, that I purchased where I’d have minimal HOAs and no Mello-Roos.
Insurance is about $1500/yr and the home is in the San Diego area with ocean views.

May I ask you something?

What kind of return do you think is good to get on a financial instrument at this time?

And what other assets besides RE do you think would offer me both a good return and good potential for appreciation?

[felix]

Itokuda, you want me to go into info I consider private. I don’t think it should be too surprisingly that’s something I’m not going to do.

However, I will tell you I purchased with cash, that I purchased where I’d have minimal HOAs and no Mello-Roos.
Insurance is about $1500/yr and the home is in the San Diego area with ocean views.

May I ask you something?

What kind of return do you think is good to get on a financial instrument at this time?

And what other assets besides RE do you think would offer me both a good return and good potential for appreciation?

[felix]

Itokuda, you want me to go into info I consider private. I don’t think it should be too surprisingly that’s something I’m not going to do.

However, I will tell you I purchased with cash, that I purchased where I’d have minimal HOAs and no Mello-Roos.
Insurance is about $1500/yr and the home is in the San Diego area with ocean views.

May I ask you something?

What kind of return do you think is good to get on a financial instrument at this time?

And what other assets besides RE do you think would offer me both a good return and good potential for appreciation?

[felix]

kewp,I appreciate the thanks but I didn’t really advice you to do anything. I suggested earlier it may make sense to maybe stop waiting for a drastic sell off if you are satisfied with getting a reasonable deal on a home and not wait for a steal that may not come.

It was you that requested something to short. I was just trying to help you out.

Now your implying that you don’t think shorting is wise since “we are getting into ‘bailout territory’. For what it is worth I agree with you on that as ridiculous as that point of view may be.

[felix]

kewp,I appreciate the thanks but I didn’t really advice you to do anything. I suggested earlier it may make sense to maybe stop waiting for a drastic sell off if you are satisfied with getting a reasonable deal on a home and not wait for a steal that may not come.

It was you that requested something to short. I was just trying to help you out.

Now your implying that you don’t think shorting is wise since “we are getting into ‘bailout territory’. For what it is worth I agree with you on that as ridiculous as that point of view may be.

[felix]

kewp,I appreciate the thanks but I didn’t really advice you to do anything. I suggested earlier it may make sense to maybe stop waiting for a drastic sell off if you are satisfied with getting a reasonable deal on a home and not wait for a steal that may not come.

It was you that requested something to short. I was just trying to help you out.

Now your implying that you don’t think shorting is wise since “we are getting into ‘bailout territory’. For what it is worth I agree with you on that as ridiculous as that point of view may be.

[felix]

kewp,I appreciate the thanks but I didn’t really advice you to do anything. I suggested earlier it may make sense to maybe stop waiting for a drastic sell off if you are satisfied with getting a reasonable deal on a home and not wait for a steal that may not come.

It was you that requested something to short. I was just trying to help you out.

Now your implying that you don’t think shorting is wise since “we are getting into ‘bailout territory’. For what it is worth I agree with you on that as ridiculous as that point of view may be.

[felix]

kewp,I appreciate the thanks but I didn’t really advice you to do anything. I suggested earlier it may make sense to maybe stop waiting for a drastic sell off if you are satisfied with getting a reasonable deal on a home and not wait for a steal that may not come.

It was you that requested something to short. I was just trying to help you out.

Now your implying that you don’t think shorting is wise since “we are getting into ‘bailout territory’. For what it is worth I agree with you on that as ridiculous as that point of view may be.

[Author]

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