[myito]

I just sent you a message.

Thanks for your thoughtful feedback. I’m really trying to understand if it is better to pay the 7.25% interest on the HELOC and continue investing cash elsewhere like the stock market or even just holding cash for liquidity/investment in additonal property later.

Look forward to your comments.

[myito]

I just sent you a message.

Thanks for your thoughtful feedback. I’m really trying to understand if it is better to pay the 7.25% interest on the HELOC and continue investing cash elsewhere like the stock market or even just holding cash for liquidity/investment in additonal property later.

Look forward to your comments.

[myito]

Cheers to you Rustico!

The web has created a wealth of opportunity and opened up new channels all over the place. On the downside, it has created a lack of privacy that is astounding.

I personally have had people find me/my address, get my phone number, investigate how my home title was held, etc. and at times it feels like I have no privacy. Outside of using a different name for transactions/phone numbers, etc. I feel there is nothing I can do.

I’m sure others will respect your stance.

[myito]

Cheers to you Rustico!

The web has created a wealth of opportunity and opened up new channels all over the place. On the downside, it has created a lack of privacy that is astounding.

I personally have had people find me/my address, get my phone number, investigate how my home title was held, etc. and at times it feels like I have no privacy. Outside of using a different name for transactions/phone numbers, etc. I feel there is nothing I can do.

I’m sure others will respect your stance.

[myito]

Thanks for the info and article NC. Interesting stuff, I guess I have been insulated from this reality as my any of the boomers I work with (and have worked with in the past) are well above these figures and are poised to buy propreties that are in the millions very easily. Seeing most of them with their stock options, high 6 figure incomes, etc. has truly skewed my view.

[myito]

Thanks for the info and article NC. Interesting stuff, I guess I have been insulated from this reality as my any of the boomers I work with (and have worked with in the past) are well above these figures and are poised to buy propreties that are in the millions very easily. Seeing most of them with their stock options, high 6 figure incomes, etc. has truly skewed my view.

[myito]

PD,

If I could have choice words for you I would, but I can’t so I’ll just say…it’s a free world and I’ll post where I want.

Sorry you only want to hear discourse supporting your position, but I’m interested in opinions other than yours. I should reverse the question and ask, why do you keep responding to my posts? Purely rhetorical — please don’t reply.

Cheers!

[myito]

PD,

If I could have choice words for you I would, but I can’t so I’ll just say…it’s a free world and I’ll post where I want.

Sorry you only want to hear discourse supporting your position, but I’m interested in opinions other than yours. I should reverse the question and ask, why do you keep responding to my posts? Purely rhetorical — please don’t reply.

Cheers!

[myito]

You know, as I read these different analyses, I can’t help but wonder if we are overlooking something.

For example, today in our market there has been great concern over aging boomers and what this will mean for our society in the next 20 years or so.

These boomers have a lot of cash and live very well. What if (big if) the values they instilled in their children will impact the way this cycle goes. These boomers tend to be well paid and they like to show it. The wealth they continue to build — via stock market, other investments and real estate — are very real and will be passed on to their children. So what will this mean for housing.

Just a thought….

I have seen housing declines and was lucky enough to buy in 1996 so I am not saying major declines don’t happen. I am currently buying and plan to stay put for some time so I can weather whatever comes, but the fact that there is more wealth today should account for something and in my book may make this downturn different than others.

[myito]

You know, as I read these different analyses, I can’t help but wonder if we are overlooking something.

For example, today in our market there has been great concern over aging boomers and what this will mean for our society in the next 20 years or so.

These boomers have a lot of cash and live very well. What if (big if) the values they instilled in their children will impact the way this cycle goes. These boomers tend to be well paid and they like to show it. The wealth they continue to build — via stock market, other investments and real estate — are very real and will be passed on to their children. So what will this mean for housing.

Just a thought….

I have seen housing declines and was lucky enough to buy in 1996 so I am not saying major declines don’t happen. I am currently buying and plan to stay put for some time so I can weather whatever comes, but the fact that there is more wealth today should account for something and in my book may make this downturn different than others.

[myito]

Thanks Cypher — appreciate your insight.

Cheers

[myito]

Thanks Cypher — appreciate your insight.

Cheers

[myito]

Rustico, 🙂 — thanks for the words of encouragement. Your post has recharged me and made it possible for me to fight another day (or at least fight more of the posts that will undoubtedly come my way because of my response to Cypher). I am beginning to see some of the personalities emerge.

Bugs, you aren’t really as bitter as you sound right? Good luck on holding your property, I’ll make sure when I need an appraisal on my new place I steer clear of anyone that looks like a hemipteran or like they are a descendant of arachnids. Just teasing you — but you do sound bitter.

Cheers all — I actually have to do some work!

[myito]

Rustico, 🙂 — thanks for the words of encouragement. Your post has recharged me and made it possible for me to fight another day (or at least fight more of the posts that will undoubtedly come my way because of my response to Cypher). I am beginning to see some of the personalities emerge.

Bugs, you aren’t really as bitter as you sound right? Good luck on holding your property, I’ll make sure when I need an appraisal on my new place I steer clear of anyone that looks like a hemipteran or like they are a descendant of arachnids. Just teasing you — but you do sound bitter.

Cheers all — I actually have to do some work!

[myito]

PD — Only if you sell. My point is that it is only a paper loss until you try to liquidate. If you are someplace for the long haul, the fluctuations of the market become less significant.

When I began trading stocks I lost a lot of money because I got scared when my stocks would drop and I sold. Had I held certain equities I would have outperformed any bank, mutual fund interest rate gain.

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