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Happy renter
ParticipantOh! I’m sorry. You meant 15-20% of your whole portfolio, not the return!
Participantforsale_2007,
10-15% returns is not considered conservative. If you can take semi-conservative with a little risk, you can consider high yield bond funds with average 10% return.meadandale,
“I have about 15-20% of my portfolio in an international index fund.”I have diversified portfolio with good amount of cash flow and my average return was about 17-20% last year. My overseas fund was 45% return last year. 15-20% is a kind low for int’l fund last year and also it falls into high risk category.
Participanthomeless,
You will own a nice house one day! God bless you.irvinerealtor,
Thanks for the input. I agree with you that Irvine always holds the value due to the location, opportunity and environment. However, Irvine will have bargain as soon as the market crashes. I’m well prepared for the bargain. Irvine is always a good investment if you can get the bargains. I like Quail Hills because it’s a new and nice community, not because it’s the best school. It’s almost the most expensive, but I feel happier to live in a nicer neighborhood. Westpark and Woodbury are nice also!rseiser,
Thanks for the web site! One thing I like about OC or even LA is that there are so many activities and things going on there.housingwire,
Yes, Irvine offers excellent recreations and facilities.Participantjg,
“Wall Street began the week with a strong start Monday as better-than-expected profits at Citigroup Inc. and a healthy increase in consumer spending renewed investors’ optimism about the economy. The Dow Jones industrials rose nearly 100 points.”
http://biz.yahoo.com/ap/070416/wall_street.html?.v=25
It’s my own opinion, shorting is not that ideal for long term. Stock market tends to go up in the long term. So, the chance for the stock to go down is lower than go up. For shorting position, I monitor the market closely with high liquidity & flexibility. And I would not put all my $ on shorting. I have already sold my RE ultra short fund after I took some profit. I always remember my investment professor told us that buy low, sell high! Both RE and finance markets have already declined 20-30% this year. Without more bad news & data, both markets are bouncing back now. They may decline if there are bad news and data being released.
Thank for sharing your GDP data. I would use the data as reference, but not counting on it 100%. If the data and market have 100% co-relation, we would not have this huge housing bubble now. Data is a good reference, but I would also look over it to everything else, like news, Fed policy, earning reports, regulations and even the whole world that may affect the stock market as well. Yesterday, the major Asian stock markets went up over 2%. Don’t be afraid the value of your portfolio goes down. We all learn from experience.
Hope you will do well!
Good Luck!
ParticipantCardiffBaseball
“I have heard HS kids complain about trying to compete with the Asian kids.”
I think the kids should not feel that they are competing with Asian kids. They are the ones who benefit if they learn, study hard and become educated. There is nothing to do with other Asian kids. Asian, Caucasians and Hispanics all have the same opportunities to receive the educations. As soon as the kids try their best, they are good students. In terms of sports, I let my kid to try everything and let her to choose what she wants. She does not like soccer, so I can’t force her to play it.I have a friend who cares about education the most among all my friends. He was the top student with PHD degree from the Top University. He is very successful and he is a Caucasian. He lives in SD, not Irvine. His wife told me I should send my kid to a better school, but I told her the school’s fine. I think it depends on the parents, not the races or where they live.
CostaMesa
Being the best students can’t guarantee the good futures and good careers. But I do know the best students from top schools have successful careers. One the other hand, some people don’t have very good educations, but they have successful careers also. I think it depends on the persons. As a parent, I just try to offer my kid the best education. If she can’t handle or doesn’t like it, I don’t push her. I can’t guarantee that she will be successful either. She will be the one who works towards her career. Social skill is important, but I don’t quite agree that it’s almost always more important to be people smart than to be book smart.Last, I think it is important to let the kids to choose what they like rather than forcing them! All kids have their own potentials and own interests.
Thank You!
Participanthomeless,
Thank you! Yeah I know Irvine has very good schools and it’s one of the major reasons houses are so expensive. I am an Asian and we do care about education. Both me & my ex have BA degrees in the USA, but we finished high schools from our courtiers I usually check the school itself since not all the schools are the same even within the same school district. Alderwood Elementary in Quail Hill is very good with 956 API and 60% Asians. My daughter went to one of the top schools in LA with API 945. She is always an A student since kindergartner. Better school district costs more, but it is worth every penny.I’m curious that why do your user name is“homeless”? Is it because you are renting now? I am sorry to ask and I hope you don’t mind! My user name is “Happy renter”, but I am actually not renting. I stay in my friend’s house.
Mixable,
I found SD coastal is more ideal for bachelors or retired people. So, it depends on different people’s needs. The area that we live does not have too many facilities, recreations and activities for kids.Participantmixxalot,
I agree with you that Irvine is very overpriced. You can get more in SD for the same money you pay. I will rent and plan to buy. I do worry if I can afford or I am willing to pay so much for the house that I like in Irvine.
Also, it seems like SD house prices will go down faster and more!
ParticipantThank you irvinesinglemom,
I do go to that Forums to check things out. I signed up and wanted to post my question, but it kept on saying my password was wrong.
We have to get together if I move to Irvine. I love Irvine the first day I drove to Woodbury. I went to Portola Place that is brand new and very nice. I grew up in a big city. I feel Irvine is alive with so many different cultures, opportunities, convenient and fun place to live. People are very nice, sincere and so interested in making friends.
Irvine has a lot of empty land, but the houses are still very expensive. I think a lot of people like to live there. Hope houses will decline by the time we buy the houses.
ParticipantThank you for all your valuable opinions.
I drove around in Irvine to different major communities. I like the Quail Hills Community and Quail Ridge apartment homes. They are pricy, but very nice with hotel and resort quality.
I prefer private town homes, but I don’t like the floor plan. They are very compact, 1200 sq ft & 3 levels. Garages have no drive way, condos are dark inside, the stairs are right by the front door and almost no front entry.
The houses in Irvine are very expensive and compact, but I like it since the communities are pretty and organized. It’s also convenient and close to my family, .
I have the following questions if anyone can give me idea:
1. I pick the nice neighborhood, Quail Hills to rent now and plan to buy later. Does Quill Hills have better townhouses with nicer floor plan and what is the price range?
2. I know Quail Ridge is the high end luxury apartment homes. I still worry about the quality of people who live there.
3. Some houses in Quail Hills are few millions. I am a single mom. I worry about my 10 yrs daughter will be discriminated to live in apartment.
4. I will keep looking the private town home. If I don’t find any I like, should I go with the Quail Ridge?
Any input is highly appreciated,
Thank You!April 6, 2007 at 11:01 AM in reply to: Foreclosures now account for 15% of sales in California #49407ParticipantThank you kev374!
The data of the report is very valable.ParticipantChris Scoreboar,
I agree with you that we may or may not have recession. It depends on how bad the RE MKT will be. Stock MKT is very sensitive. If the RE MKT crashes hard, the stock MKT may drop 10-20% easily right away. But it does not mean we will have recession.jg,
Remember you said I was prudent to put only some of my $ to short RE only, not the whole market. The reason were:
1. I was more sure the RE MKT would not be better, but only worst.
2. I felt the whole market was not ready to decline or collapse so soon yet.I like to monitor the market closely for any opportunity to max my return but min my risk. Your strategy is for long term that is fine as soon as you are confident to yourself.
ParticipantI started looking for my 1st house in 1992. The prices were about 20% down from peak. The agent pushed me to offer a house on the 1st day he showed us the house. He said house prices would go up again soon. Fortunately, I changed my mind. In 1993, foreclosed houses were everywhere. Vacant houses were owned by real estate agents or flippers. I bought my house that was pre-foreclosed and 40% off from the peak in 1993!
ParticipantHey! My contribution was being posted by ocrenter from Bubble Markets Inventory Tracking:
http://bubbletracking.blogspot.com/2007/04/whos-actually-buying-these-properties.html
ParticipantYeah, I saw that article. I found something is similiar to that also from Craigslist:
“We are a group of equity investors that want to help people own their own homes. We provide the downpayment for you.”
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