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masayako
ParticipantI will give you some idea:
Buy Vanguard Total Intl Stock Index (VGTSX)
$20k is not a lot of money to pick individual stocks. I personally will put in it international index and avoid any management fee. The transaction fee for index fund is usually lower.
Min Initial Investment: $3,000
Year to date: 7.92% return
Top holdings:
Vanguard European Stock Index 58.17%
Vanguard Pacific Stock Index 26.13%
Vanguard Emerging Mkts Stock Idx 15.66%Masayako
ParticipantI will give you some idea:
Buy Vanguard Total Intl Stock Index (VGTSX)
$20k is not a lot of money to pick individual stocks. I personally will put in it international index and avoid any management fee. The transaction fee for index fund is usually lower.
Min Initial Investment: $3,000
Year to date: 7.92% return
Top holdings:
Vanguard European Stock Index 58.17%
Vanguard Pacific Stock Index 26.13%
Vanguard Emerging Mkts Stock Idx 15.66%Masayako
May 16, 2007 at 12:50 AM in reply to: DR Horton Slashes prices $100k in Murrieta, Menifee, Wildomar and more in … #52993Participant23109,
Year 2002, San Macros, a 3334 sqfts new SFR costs $550,000
Year 2001, Mira Mesa, a 2200 sqfts new SFR costs $332,000
Year 2000, Mira Mesa, a 1999 sqfts 5 years old SFR costs $245,000Temecula? 5 years ago, not a sane San Diegan would consider living that far.
Now, do you think the real estate market at Temecula is at the bottom yet? I don’t think so. 50% drop (inflation adjusted) is a high possibility.
Masayako
May 15, 2007 at 11:41 PM in reply to: Gorgeous 5 bedroom 2 bath located in Poway. Priced to sell! #52991ParticipantIt was viewable a moment ago. Seems like it’s removed now.
May 15, 2007 at 8:30 PM in reply to: Question: Is there any direct correlation between stock market and real estate market? #52977ParticipantChris,
I have to say I can’t disagree with you. Currently, I’m 70% committed in stock market, the rest is in money market ready to buy at the dip. I do not see a direct correlation between stock market and the RE market. PE is around 16/17 overall. Growth at the overseas are still rising.
I think sub-prime meltdown will directly affect part of the financial sector, but to the overall market, I don’t see a major crash. I could be wrong, but I’m always invested with a long term horizon, so when the recession hit, I just see it as a great opportunity to buy more shares at a cheaper price.
Masayako
ParticipantSo much difference between “sdrealtor” and “SD Realtor”.
That’s all I have to say.
Masayako
ParticipantPatience. Sellers are still in denial.
I checkout some open house the past Sunday. Sellers are still expecting unrealistic prices for their POS box house. $640k for a 1900sqft mid-80’s park village house with small lot. I just laugh and walk away. Talked with the seller agent, even she thinks the seller is out of whack. I told her, the house won’t attract any buzz unless it goes down to $500-550k max. She agrees. Oh well. Patience.
By the way, as I have sold my house 1 year ago and happily renting a house at RB right now, I become less and less wanting to buy into the mortgage trap. I mean, come on, why buy a POS depreciating house when I can make the most of my money investing in stocks/bonds/CDs?
Don’t you know that buying a house nowadays really mean “long term” renting anyway? You do know that the house is not really yours until you pay it off, right? Also, if you are looking for equity, sorry, you are looking at the wrong place. You won’t have any in this post-bubble housing market. I just lose all reasons to buy a house at this point. 🙂
Really happy renter,
Masayako
May 4, 2007 at 5:39 PM in reply to: Real Estate Crash a Post Mortem for the Stock Market / Stock-Markets / US Stock Markets #51889ParticipantMr. Whitney,
All the stuff you have said…. I already know that for years…. The important question is:
Given that situation, where to invest?
Masayako
ParticipantPowayseller,
You say Rich’s analysis is Lacking, I just want to know: Where are the proofs?
Do you have any data to back what you say?
In God I trust, everyone else (including you) please bring data.
Masayako
May 3, 2007 at 12:24 PM in reply to: “Those who say the prices are going to go down 50 percent are just yahoos who are not looking at the whole picture,” #51730ParticipantWith my own research and observation, I don’t think the desired area (LJ, Del Mar, NC Coastal in general) will drop below 35%; 25%-25% is still possible but really depend on the homeowners’ financial situation.
RB, RQ, Escondido, CV, Oceanside, Central valley, east county etc..) could drop more (~35%-40% max) especially 92127 (4S) and camrmel valley (92129). Unless we have some ‘surprises’ like massive job lost, earthquake, wild fire, otherwise, 50% drop is really wishful thinking.
I don’t agree everything ‘Union’ boy said. But, there is some truth in what he said. 50% percent or more price drop is highly unlikely, if not possible at all.
Masayako
April 30, 2007 at 9:33 PM in reply to: Last month SD RE Prices up 2.1% sales up 34% . . . is market firming???? #51495Participantschizo2buyORnot,
If you think the housing price has bottomed, go ahead and buy. It’s that simple.
Masayako
ParticipantIt is because homebuyers are willing to continue paying high price for a roof over their heads. That’s why the builders continue to charge potential buyers insane prices.
Demand & Supply, that’s all.
We had great demand before and the builders increase the price of the supply. “Econ 101, baby.”
Masayako
ParticipantIrish,
I agree with you. I am happy to see housing price is returning to normal. Absolutely no sympathy to those who bought to flip for a profit and couldn’t get out in time. See ya at the bottom of the hill, guys.
April 26, 2007 at 10:54 AM in reply to: Tech is BACK!….Housing downfall might be limited in San Diego afterall. #51211ParticipantAnother sad thing for tech. employees is that good company earning doesn’t equal more cash in their pockets.
3-4% merit increase on average don’t get you climb that housing ladder any easier.
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