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SdcateacherParticipant
Hahah
I was telling people Ohio, Oklahoma and Iowa will become hot markets for people that can either work from home or retiree and enjoy low taxes and a low cost of living. Plenty of nice areas in those states and you can spend your spare time traveling.SdcateacherParticipantIdaho is over, the fabled day sof getting a spread and agreat house are gone. The #1 destination according to the WSJ is Northern Idaho. Want a great house, low taxes a cheap cost of living? North Carolina or and hour outside of Knoxville. Oklahoma as well. Buy your spread, bank money and spend your free time traveling.
SdcateacherParticipantI agree. I see hyperinflation to the point it will destroy people’s savings. The best bet at this point is liquidate if you have the means and move to an area where you can buy a house cash and have very little overhead. I would also start learning how to trade E-mini future contracts and stop chasing stocks. I see the market moving into a sideways range bound low volume muted market reminiscent of 2014-1015. I have enough right now to move to an hour outside of Knoxville, or Charleston, etc have enough to pay a house cash and have a substantial amount left over to diversify. The taxes and cost of living in San Diego and SoCal will mirror what I saw happen in the suburbs of NYC where the average 2000sqft house is paying up to 3-5% a year in property taxes. It is absurd, but as the demographic of SoCal continues to change, population increasing and middle class people moving, I don’t see good things. Moving forward I liquidated most of my investments on 1/15/21 after a phenomenal 4 year return and over 800% in the past year. Why push it? After trading for 25 years, there is a time to take it off the table.
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