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April 7, 2022 at 7:18 AM in reply to: OT: How to earn 2.59% on your money in less than 1 year, easily, liquidable too :) #824901
sdrealtor
Participant[quote=gzz]I am buying Cal muni bond funds that yield about 5% tax free.
Not risk free but pretty low risk IMO.
They aren’t going to default, but further large rate increases would hurt them.[/quote]
As an inflation hedge?
ParticipantThe key to dividend play is build over long time and reinvest them until the day finally comes you’ll need the income. I’ve got a bunch the current yield is not that high currently but they regularly boost them above inflation and the $ amounts are piling up. Plus’s the reason yields are down is due to great appreciation in stock price. I just look at it as the income is for me and appreciation is for my heirs who some day will wash away the taxes with a step up in basis.
Life is grand! I have a working kitchen fridge again and ice for my Old Fashioneds
Participant[quote=deadzone][quote=an][quote=deadzone]Okay so in other words your portfolio is very much in the red today.
Even without NAIL.[/quote]
Weren’t you the one that say if I didn’t sell my NFLX call, then it doesn’t matter how much I gain?[/quote]This thread is about homebuilder stocks, specifically how they are totally shitting the bed and it is an indicator of the coming housing crash.
You guys are trying to change the topic because you can’t wrap your brains around the possibility that housing and stock markets “could” actually crash. And you specifically talking shit about buying NAIL, although I don’t think you were actually dumb enough to do it.[/quote]
Silly me I thought it was a thread about you trying to feel so smart about being so poor
Participant[quote=Coronita][quote=an][quote=deadzone]Okay so in other words your portfolio is very much in the red today.
Even without NAIL.[/quote]
Weren’t you the one that say if I didn’t sell my NFLX call, then it doesn’t matter how much I gain?[/quote]Alternative facts.
Clearly if you are up and haven’t sold, it doesn’t matter.
But apparently if you are down one day, despite holding MSFT for years (decades?), it is significant.
Lol.[/quote]
Decades! And my long portfolio with 80% was basically flat (down a few hundred). The high risk gambling portfolio was down the 3.5% it was up the same amount two days ago. And Zillow on my house went up $27k the last 7 days but is still lagging comps. The life of red
Participant[quote=deadzone][quote=sdrealtor][quote=deadzone][quote=sdrealtor][quote=deadzone]Well the only way your portfolio is Green today is if you are shorting the market.[/quote]
Uhhh…… No!
LLY + 4.56% (largest holding in my portfolio)
RPM + 4.86% (another large holding)
MRK + 1.49% (another large holding)
JNJ + 2.60% (another large holding)
ABBV +3.35% (4th largest holding in my portfolio)[/quote]How’s NAIL working out for you? I know you are all talk, you weren’t actually stupid enough to buy it.[/quote]
Down a couple hundred bucks. Apparently you know nothing about me. I always do what I say. It’s called having integrity. Still early, I’ll probably end up plus minus less than a nice dinner[/quote]
Funny how your stock portfolio is so focused on defensive stocks. Smart, if true. Maybe beyond your talk you actually do have enough common sense to realize that rising interest rates are not good for housing stocks or tech stocks.[/quote]
Its not focused on defensive stocks those are strong growth and income companies Ive owned as long as a couple decades. I have a lot of everything. Its called being diversified. I also have significant mostly long term positions in MSFT, APPL, NVDA, FB, UPS, ABNB, AVGO, MO, GOOG, AMZN, T, XOM, HD, KMB, MCD, QCOM, O, VZ, KO and others on top of Pimco & Franklin Income funds, some muni bonds paying 6% and a $2M hovel in Carlsbad. Those are all pretty much in my Merrill a/c I rarely touch. I have another smaller one I “gamble” with. Some of us here know what we are doing and invest to make money not to be proven smart or right like others. Those folks would benefit to listen to and learn from myself and others like FLU. We win no matter what happens
Participant[quote=Coronita][quote=sdrealtor][quote=deadzone]Well the only way your portfolio is Green today is if you are shorting the market.[/quote]
Uhhh…… No!
LLY + 4.56% (largest holding in my portfolio)
RPM + 4.86% (another large holding)
MRK + 1.49% (another large holding)
JNJ + 2.60% (another large holding)
ABBV +3.35% (4th largest holding in my portfolio)[/quote]Pfizer and Merck have been in my long term account for a few years.
[img_assist|nid=27584|title=cs|desc=|link=node|align=left|width=1000]
I missed out out ABBV and Moderna. I think I had moderna when it was in the 20ies and sold in the 50ies… Oops. Thank god I don’t own anything Russian-ish. That warning banner i get every day says it all[/quote]
I’ve had all those for a very long time. My serious money. Generates great dividend income and steady growth
Participant[quote=deadzone][quote=sdrealtor][quote=deadzone]Well the only way your portfolio is Green today is if you are shorting the market.[/quote]
Uhhh…… No!
LLY + 4.56% (largest holding in my portfolio)
RPM + 4.86% (another large holding)
MRK + 1.49% (another large holding)
JNJ + 2.60% (another large holding)
ABBV +3.35% (4th largest holding in my portfolio)[/quote]How’s NAIL working out for you? I know you are all talk, you weren’t actually stupid enough to buy it.[/quote]
Down a couple hundred bucks. Apparently you know nothing about me. I always do what I say. It’s called having integrity. Still early, I’ll probably end up plus minus less than a nice dinner
Participant[quote=deadzone]Well the only way your portfolio is Green today is if you are shorting the market.[/quote]
Uhhh…… No!
LLY + 4.56% (largest holding in my portfolio)
RPM + 4.86% (another large holding)
MRK + 1.49% (another large holding)
JNJ + 2.60% (another large holding)
ABBV +3.35% (4th largest holding in my portfolio)Participant[quote=limkotir][quote=an]I can’t believe we’re talking about $1m+ as a median in MM.[/quote]
I think the listing data is left skewed distribution due to what’s being listed, and the sample size is tiny, but if we looked at SFH for the last 50 sales, I think we may be still be under that $1m median midpoint magical mark, but it won’t hold much longer if the current trend keeps up.[/quote]
Yes that is exactly the factors I was referencing on the skew. With only 4 houses of which two are high end for MM the high current median reflects that.
I know you are a datahound also so I ran closed sales over the last 60 days for 92126. There were 47closed sales with a median list price of $925. The median closed sale price is $1.02M so we are already legitmately over $1M.
If I add 92121 we gain 6 more sales and median sales price goes to $1.03M.
Welcome to Beverly Mesa
Participant[quote=limkotir]https://www.redfin.com/CA/San-Diego/7852-Tampico-Ct-92126/home/4570382
The above beauty went into pending…in normal times, would have been a decent first time buyer and courageous DIYer purchase. If I had to bet, a cash offer with no contingences probably took it into pending status.
I am guess it will sell for $825K, any over and under calls?[/quote]
House was sold as is cash only and definitely over 800k. I’ll say 860k
ParticipantSide note. The sellers continue to list the “bread and butter” smaller 1 story homes not being flipped at attractive levels and letting buyers bid them up. I think that will bode well for the health of the market here. When sellers start pushing price too much buyers tend to start pushing back. I think I may be starting to see some of that along the NCC and will be watching to see what happens.
ParticipantNew listings 18 (19) – still havent hit 20 yet
New Pendings of 15 (37) – thats a good size drop from last week
Thats +3
Closed sales at 45 –
Total houses for sale 34 (55) with median of $2.17M ($1.995M)
The numbers are still much the same but Im starting to feel a slight change. Recent sales have come in 200 to 400K above asking and rather then listing a little low and letting the buyers bid things up, I get the sense the new listings are pushing a little harder than they should on price. That could slow things down a little bit which wouldnt be the worst thing. Something i’ll be watching.
The attached market in S Carlsbad is roaring in a way Ive not seen before. Listings dropped back but pendings still high. Nothing sits on the market more than a week or two anymore. More and more Im feeling the SFR capitulators at work here.
ParticipantMM continues to be the steady performer.
New listings 4 (8) – seems to avg about about half of last year
New Pendings of 5 (7) – all homes pretty much sell with multiple offers
Closed sales at 8 (12) –
Inventory at 4 of which 1 came back on market/will go right back into escrow and the other 3 should be gone soon. It was 9 last year. The median is 1.186M vs 799K. This year a bit high because of such low inventory skewing it but prices definitely feel a good 30% up since last year
I see no signs of change or weakness in anyway here as I toggle through the individual listings in each category
ParticipantNot really. Owner took over house from parents who are still in area. Looks like owner got himself in a bit of trouble several years ago but now has career with high level position in biotech. Its first time house was on market. Listed at 1.3 and bid up to current level. Maybe you know something I dont?
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