OK what is the most ON SALE stuff you can find right now?
- Thread starter SoyUnGanador
- Start date
20 pesos to the dollar can't beat this for value and buy buy buy a condo all walking streets cobblestone, fantastico restaurants, and the salsa oh magnificente ...............
%%I suggested to you elsewhere to high tail it to Puerto Escondido, Mexico
Deploy capital here biggest discouts/best value = ocean front vicinity for dirt cheap and great great value, restaurants galore. USD-MXN = 20 pesos
Happening like in spain, the Middleclass Mexiacans can't afford the area no more and Americans are getting slottered due to collapse of US economy and returning in droves back home to the USA.
Vacuum whoooooosh being generated in Pueto Escondido. Big big big plus is you're not far from Oaxaca. Remember her? Remember El Zocalo? Yeah, beasts Paris Place St. Michel hands down
Closing on mine next week
MY step dad loved to spend time in Mexico, low prices from waaaaaaaaaaaaaaaaaaaaaaaaaaaay back then. But he used a nice motor home.
Deploying Capital to buy buy buy stuff on great discount and ultra value is one aspect.
But don't overlook the other aspect, the flipside .......... dump stuff that is going to drag you down in a BEAR market, stuff that loses value at light speed per day. Dump it dump it dump it. this aspect be the cutting overhead costs equivalent. The former is blowing the doors off of production and getting the best discounted items.
The things you gots to dump fast fast fast are if you are married to an Inernet fatty just know this she will balloon in size within a year of BEAR market - this is a known feno-menon.
Dump these fatties now. Do it fast . If you wait a year you will have to call in a CRANE to get her out the window and out the house.
Good luck
%%
MY step dad loved to spend time in Mexico, low prices from waaaaaaaaaaaaaaaaaaaaaaaaaaaay back then. But he used a nice motor home.
I remember the time when all I got was 10 pesos to the dollar, now its 20 and climbing ............. dollar is going to capsize all 3rd world countries and stuff is going to be available to those who always nooo (knew) CASH is KING .......... agt ridiculous discounts
https://yhoo.it/3UyEItR
Interesting. What are you basing this on? I know catching a falling knife is hard, which is why I said I need to slap my hands to stop pushing the buy buttons too fast. But is there some data you are referring to or thinking about? I bet if you bought tech stocks at or close to the very bottom of the 2000s dot.com bust, or REITS at or around the bottom of the 2008 bust, for example, it would have made you a hella lot of money. I'd love to know what you are referring to exactly. Thanks!!!
I like XLU, XLP, and XLV. Utilities, healthcare, and consumer staples hold up best in bear markets. I've been swing trading call options on these three since March to great effect. Hopefully we'll some some capitulation on this breakdown soon and I can pick up some more calls for the next rally.
Yes my own data, perusing historical tests over 20 years of data and thousands of different assets. Yet I see people every day engaging in this inferior approach to investing. The dumbest approach is to buy some corporate money market or corporate bonds now thinking that fixed income insulates them from the equity sell-off. Some people just never learn. They pay for poor advise and lose money implementing such recommendations.
WOW, the man is a genius. Both are hardly off their recent highs, when compared to how much the stock market has cratered generally....