[masayako]

1. Buying the first home
2. Reach 7 figure net worth
3. Payoff first home
4. Reach 7 figure retirement portfolio
5. Reach 8 figure net worth

Milestone# 5 is difficult but achievable.

[masayako]

I can’t do Market Timing, so I just keep investing with what I can afford. Last time I checked, 2008 was the best investment time in my lifetime. I gained much during that period. Looking back, as my brother-in-law said: “it takes steel balls to buy stocks in 2008.” I’m glad I did.

I can’t predict the future, but here’s my educated guess. SD housing price will go up/down/sideways depend on each local neighborhood & availability. From what I see, sellers are not desperately try to sell and buyers are not desperately try to buy at all cost. The housing market won’t crash in the short term. Lending industries are not misbehaving like they did back in 2003-2007. So, I don’t see it crashing yet.

State of the economy:
Stocks are going up. Lots of folks with lots of funds to invest. I don’t see huge growth coming. Things are not cheap. I am holding and buying more when opportunities arise. No one can time the market, I’m just a boring buy & hold long term investor, so it doesn’t bother me too much what comes the next 5 years down the road. In fact, I hope for a correction so I can buy more at a cheaper price.

There will always be wars, recession, corrections, deficits, gold bugs, threats of U.S. going bankrupt etc.. Sure… in the end, S&P on average is still up 5-7% every year. Sit tight, save a little more, consume a little less and everything will be fine.

[masayako]

Go with Option 1. Spend less, save more every paycheck. Payoff debts and don’t buy unnecessary, enpensive stuff. Good luck.

[masayako]

Here’s what I see: SD housing market is not in a bubble phase right now. Last buyer’s market was in 2010/2011 timframe. With my ballpark guessimate, the cycle goes between 8-10 years, so it will make sense to start looking around or so. We are in 2015 now, and from what I see, there’s not much good deal out there, I’d recommend to “monitor” and search for good deal, if you find someone reasonably price and fall in love with, make an offer. Don’t overbid. In the meantime, keep monitoring for good deals and keep saving in low risk investment vehicles. Stock market (despite many optimistic folks out there) is quite a bumpy ride ight now and housing market is always a lagging indicator of that. Good luck. Just my .2 cents.

[masayako]

Nobody pay attention to the truth anymore

[masayako]

Thanks.

[masayako]

[quote=livinincali][quote=masayako]I bought a bit more at $404 today, wish me luck[/quote]

Good luck but I personally would have waited. Nothing really suggests that breaking $420 support on higher than average volume is going to produce an immediate bounce. Dead cat bounce, yeah sure, maybe tomorrow. Long term bottom, highly unlikely but anything can happen as they say. I think $360-370 is probably in the cards now. That’s the next area of potential support.[/quote]

Thanks for the advice. I will buy a bit more when/if if reaches $360-370. Sounds like a plan.

[masayako]

I bought a bit more at $404 today, wish me luck

[masayako]

Coast to Coast AM
http://www.coasttocoastam.com/

Infowars
http://www.infowars.com/

Welcome to the REAL world.

-Masayako

[masayako]

I am in “Pray for the best, plan for the worst” mode right now.

Heavily invested in stocks & gold. Still, I have defensive weapons, food supply, fuels, just in case ____ hit the fence. Never hurt to plan ahead sine I have a little one in the house. I can run, they can’t. So, I stock up in case of the worst case scneario.

I bought a house in the mountain, just in case of Tsunami hit. For wildfires, solar flares, nuclear attack, I’d still be f_____ed though.

[masayako]

Thanks for the info. I’m thinking about 30-40% down also.

[masayako]

I bought my weber at Amazon $699. Free shipping. Arrived in 2 days. Wonderful grill.

[masayako]

I am open to suggestion, really. I don’t have a lot. Budget is around $600k or below.

[masayako]

So what? They will keep doing The evil things and we will keep blogging. At the end of the day, no one is caring enough to actually do some something about it. And life goes on as usual.

You and I are going to move on and Ron Paul is never going to be president. Nothing will ever change. We all pretend we care, but in reality, we only care enough to bitch about it, but not enough to actually make a difference.

This country is over and you know it.

[masayako]

Go right ahead and consume more. No one is stopping you from spending your own money.

It’s a free country.

[Author]

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