[The-Shoveler]

[quote=scaredyclassic]I think everyone can make 5 to 10 perc guaranteed easily.

Just stock up on household supplies. Spend 10 k at Costco, same stuff will be 11k in 2022.
[/quote]
Sounds like something My mother would do LOL.

[The-Shoveler]

[quote=Coronita]
hmmmm. Should I go for that short to mid term CDs with a 0.05% return….or should i go go for that 2 year CD with that awesome large 0.15% return, or shall i go after that 5 year CD with a killer 1% return????

I think my money in a impound account for my cash out loan earns 2% at least, by state law lol.[/quote]

If inflation really starts kicking in I think 4% CD’s are possible. I was getting 6% in a FDIC CD in 2006, Of course the bank went BK but FED made me whole + interest.

[The-Shoveler]

IMO I think you could see CD rates in the 4’s possibly 5’s within 5 years.

Just a guess, should be fun to look this post up in 5 years LOL.

[The-Shoveler]

Good to see you post again TG,
Yea I agree sort of but right now “NOTHING” is allowed to crash. I kind of think as soon as (or if) the stimulus sugar high ends things may crash.

But I do see two things that will give this a few more years yet to run IMO.

1) We are still way underbuilt so that may keep this going a few more years.

2) I think inflation will have a much larger roll to play this time so “If” they decide to end the stimulus sugar high, the crash will not be as large as last time.

I still think the last time was a once in a life time event.

One more #
3) The PTB are trying to pass a 15-25K first time buyer grant (yet more sugar LOL), and the loans being made now are not (yet) nearly as crazy as last time (still got a few years IMO).

[The-Shoveler]

Matt Foley

[The-Shoveler]

“Nobody wants to live in Tucson”

Sounds like the Girl in the flatbed Ford looking for an escape.

My bad that was Winslow

[The-Shoveler]

[quote=sdduuuude]I wonder if “snowbirding” will become popular for working empty nesters if the working-remote thing sticks.

Could I sell my home in San Diego and buy two kick-ass properties in two different cities – one for Summer living and one for Winter living ?

Tucson for the Winter, Denver in the Summer, for example.
or Phoenix / Idaho or Austin / New Hampshire, etc.[/quote]

I think actually a condo would work better than a SFH in this type of case (Need someone to look after it while your gone for months at a time).

Although in general I am against owning condos.

[The-Shoveler]

Warren Buffett
“We are seeing substantial inflation,” Buffett said at the Berkshire Hathaway annual shareholder meeting broadcast exclusively by Yahoo Finance. “We are raising prices. People are raising prices to us, and it’s being accepted.”

Whirlpool appliance maker just jacked up prices by 5% to 12% to counteract rising steel costs.

Proctor & Gamble said recently it would begin to hike prices on baby care, feminine care and adult incontinence products in the United States. Price increases will range from mid- to high-single digit percentages. The hikes will go into effect in mid-September.

[The-Shoveler]

Cool, Looks better than the Job I did trying to straighten out the plastic bumper on my Honda LOL.

I Should just go get a new one.

[The-Shoveler]

[quote=Coronita]I fix cars…. Now I paint cars… Even cars not mine![/quote]

I went by the old housing tract where I grew up yesterday stopped by my old childhood friends house. His father still lives in the same house and was working on a project car in the garage (this guy always had a project car or boat working).

Must be close to 90 now still looks great physically and seems mentally very sharp.

[The-Shoveler]

My company has basically gone full time remote (except for Labs and production).

Not renewing leases on buildings and sub leasing unused parts of the ones we keep.

[The-Shoveler]

First time in 20 years I am starting to worry some about run away inflation.

I think/hope it will remain somewhat in control somewhere below 5% but I am starting to be concerned.

It it gets out of hand could ruin 401K retirement dreams fairly fast IMO.

May not be a bad Idea to have some RE as back-up/inflation hedge IMO.

[The-Shoveler]

I got to imagine most Apple engineers are making 130K or above, if you get two I am sure they could afford something fairly close. one. maybe not right along the coast but maybe 10-15 miles inland. or further north.

People do commute even in San Jose LOL

[The-Shoveler]

Wow!

[The-Shoveler]

Seems like an idea that could go really bad quickly even among family members.

[Author]

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