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gzz
ParticipantI like weird berries but elderberries were a disappointment eating fresh.
On the plus side, they lasted months in the fridge without getting moldy.
The best one is red currants. Wow are they good. In France they are really cheap and common and that’s where I got into them. Here, I spend $30 a year buying a few small treys when they are in season, which is Dec-Jan.
ParticipantDuuuude,
92107 pendings and closings are at their normal pace.
Closings make sense, hard to back out at the last minute.
But the number of listings that go to “pending” sale you’d think would take a hit. Not yet.
ParticipantBalancing these factors together, SD RE is one of the better places to have your money.
ParticipantI think it is prudent to have 0.5-1% of your net worth in physical gold and silver. That’s far less than goldbugs suggest, but more than 90% of investors.
Between the two, silver seems to have better fundamentals: more industrial use, harder to recover and recycle, lower stockpiles, ratio to gold way out of historical norms.
SLV is nice to trade in and out. The management fee however is too high for a 5+ year investment timeframe, and physical is better.
Silver is an odd market because most silver is not mined directly, but a byproduct of gold and zinc mining. Mines focused on silver just can’t be opened as long as it is below 20, though existing mines can operate.
The upshot is that demand for silver is slowly rising and mining of it slowly declining. Doesn’t mean it can’t go down, but the large number of investors and long-term industrial users provide a sort of floor.
ParticipantWow, oxy down 52% and MRO down 47% the one day after I buy!
Worst luck ever? For the day i am -5.5% when SP500 is -7.6%. Hedge funds charge 2 and 20 for that.
MET was also bad, -17%. Not understanding that. People worried a mass die off will require a lot of life insurance payments?
On the plus side for me: I am short VOO, Lyft, Uber, Tesla, MGI.
Of my three biggest positions, two have been largely immune: GBAB, a taxable muni fund, and KMB (Kimberly Clark).
I gingerly bought more of several companies today.
ParticipantHaha I picked a stock 1 day before it fell 48%! MRO.
Somehow I doubt Saudi Arabia and Russia will let themselves lose hundreds of billions out of spite for each other.
They also both had large budget deficit problems at $50 oil. $30 will destroy them.
Let’s hope for a V shape recovery!
I actually still outperformed today by two points due to all my shorts. But -5% rather than -7% still stings!
Participant10 year is now at 0.48%.
2.75% on a 30 year might soon be the rate if you have bad credit.
ParticipantUh oh, pulled the trigger too soon!
I bet when market opens Oxy falls 20% or more. That is some bad timing.
Always start positions small!
ParticipantThe US 10-year is now trading at 0.82% in Asian markets.
Loaning us experienced California landlords money at 2.75% fixed so we can earn 4.5 and rising cap rates is a good deal for all involved.
Buying a personal home with a 2.75% fixed 30-year mortgage is even better!
ParticipantMy advice is that it will be expensive and it is hard to even get a quote.
Next life I might have to be a San Diego arborist.
ParticipantIt ia different this time because (1) structural changes to the economy reward cities like San Diego (2) demographic, economic, and political changes worldwide have led to permanently low nominal interest rates, new construction, and inflation.
Partly why we had a bubble in the first place: prices overshot the trends.
The 1999 Internet stock bubble was the same: it didn’t mean the Internet was a fad or a bad place to invest.
San Diego is great to work hard in and be retired in.
Work low stress 30 hour a week job? Not so much. Much of the rest of America is better for this, many family members in the midwest feel like you do, and they make it work because large nice houses cost $100,000 and basic apartments are $400 a month.
ParticipantSpdrun, you’ve been missing out on our swole portfolio gainz for like 8 years now, waiting for that correction that never comes.
Come on, join the party, you have nothing to lose but your chains!
ParticipantThe rate savings is so tiny on a 15 v 30 I’d just get the 30.
My last mortgage I rate shopped on Zillow and then used Sebonic which had the lowest rate.
Boxhomeloans.com is a useful site that gives rate quotes without email/phone/registration. Lets you play with assumptions easily.
They have good not great rates, but a great website for comparing different types of mortgages quickly without hassle.
ParticipantUSA Ten Year falls below 1%!
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