Best Of
Re: Post a picture.....any picture...part deux...
skipshot12 wrote: »Thinks it’s called tossing salad?
Is that like meating your beet?
OleBoot
4 ·
Re: Post a picture.....any picture...part deux...
And a vegetarian with the greenie meanies is called a
txcoastal1
4 ·
Re: Housing market's gonna crash
That's pretty much what I said, but you added almost 1000 words.
As usual, though, it wasn't clear to me that you grasped what I was talking about so I tried a deeper explanation in the hopes that you would comprehend it the second time around.
And pot shots from the cheap seats from a guy who clearly didn't read any of it. Otherwise, you would have seen that I was using the Nvidia story as an example of riding out the long game. It was not a future prediction at all. In all honesty, it was dumb luck. The story is actually true only the timeline is different. The guy bought Nvidia stock in 2001. He bought it because his dad's graduation gift to him was $25K and he had to invest it. At the time, Nvidia was about $2 a share. He bought 5,000 shares because it was on track to double that in 5 years. The only reason he wanted to buy it was because he liked Nvidia better than ATi. So he wanted the nerd cred to be able to say he owned Nvidia. Seriously. That was why. That's like your wife winning a football pool because she liked the colors of the team she chose and they just happened to go all the way. He never sold it, he just let it ride. 5K shares turned to 20K then to 200K. They are worth over $22M now. He has enough shares in Nvidia to be a voting shareholder and he has a portfolio worth 9 figures over all from all the stocks he bought with that $25K in 2001. He doesn't "day trade" or short anything either. He makes investments in stocks showing steady growth and then sits on them for years.
And your house's value doesn't matter a hill of beans unless you sell. Housing market prices affect those who own more than one property or those who are making a move. The housing market taking a dive, nationwide, hurts everyone even those whose "house prices continue to go up, just like they did in the last housing "crash"." and those who don't even own a house.
Which is the point of this thread. Not to gloat about anyone's wealth or house values. It's a discussion on the volatility of the housing market since about 2015 and where the pandemic bubble is heading.
If your house went up in value, good for you. Mine didn't and it hurt for a couple years there.
Jstas
1 ·
Re: You know you’re getting old when…
mhardy6647 wrote: »That reminds me! What day is it today?!?
It's 13 o'clock on laundry day, Octember 35th.
Viking64
6 ·
