Stocks or Real Estate-Best path to prosperity?
- Thread starter Zr1Trader
- Start date
"Quote from zdreg:
"QUOTE]Quote from Zr1Trader:
Your first step is to quit calling tops against the biggest stimulus in US history.
I don't need to be compensated for the pleasure to delete posts of people who don't have the mental capacity to provide anything other than spam.
Reminds me of someone
"you remind me of someone" you remind me of a mod who got kicked out of his position.
it took your last sentence to make the connection.
I question your capacity to provide anything other than to make trouble.
start with personalizing you will be gone a 2nd time. [/QUOTE]
first line should have read. "reminds me of someone"
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Well,Risk-add;
Cars & mobile homes tend to DEpreciate;
houses tend to appreciate, long term-but for sure better than rent reciepts
Hey , even a lady that got her home forclosed on in CA;
still got nice cash bonus simply to move her out in a timely manner-its that long term uptrend i mentioned , Not a prediction.
Also try buying solid furnature;
not 15 year saw dust wood.Dont know who builds the 15 year expiration homes/interiors?????
Get just 1 bad landlord; then look for a good REALTOR.LOLAs far as understanding why some things appreciate;
i prefer to simply enjoy those trends
Stocks are cheaper education on trends, no substuitute for buying/selling to learn trendsNo chief, you haven't understood contrarianism (a very misunderstood and therefore overrated concept) one bit.
To understand contrarianism you've gotta go deep into Confucius and Lucius' territory.
You, despite being a good friend of Loquacious, are just one individual. I don't give a flying fck what YOU do or don't do.
But there are millions and billions of your brothers and sisters, all with the same 4-cylinder engine that operate only on (1) emotion and the warm cuddly feeling of operating TOGETHER and (2) extrapolating an extant move to infinity.
Its what YOU do as such a group that interests me MASSIVELY and even then contrarians can err, so a final touch, a so to speak finesse level of observation must be added ...... and that is ...
crescendo = when your emotional level gets outta control THE TURN IS NIGH.
deadbroke psalms June 2011.
Quote from Zr1Trader:
Deadbroke, I would also like to point out, that this thread isn't about me. I simply asked if "one" would like to achieve this, then what is the best path in your opinion?
read the first post carefully. "one" not "me" or "I"
I could work part time at Mikkey D's for all you know
It is about you, Z, because you wafted off the classic HERD clue in your second sentence when you switched from "one" to "you"
But it really does not matter because your goal is a lofty and commendable one and believe it or not, I more than anyone here would love to see you be sucessful and achieve it - but you're new here at ET and one thing I learned about ET very rapidly when I came here IN GOOD FAITH in October 2009, silent as a lamb and deferring to every so-called ELITE trader, that this is a snakepit of cocksuckers and ONE cannot learn a fckin thing about trading here - I would have left but my Higher Consciousness, in his magnificent wisdom showed me there is value even in the toilet.
And what is that value?
HERD mechanics complements PRICE in the same way Fluid Mechanics complements Aerodynamics - in the latter, which is my primary degree, one sees the lowly Mechanical Engineering support and offer slingshot value to FLYING.
That's why I stick around and revel in the hatred that is leveled at me.
Quote from deadbroke:
It is about you, Z, because you wafted off the classic HERD clue in your second sentence when you switched from "one" to "you"
But it really does not matter because your goal is a lofty and commendable one and believe it or not, I more than anyone here would love to see you be sucessful and achieve it - but you're new here at ET and one thing I learned about ET very rapidly when I came here IN GOOD FAITH in October 2009, silent as a lamb and deferring to every so-called ELITE trader, that this is a snakepit of cocksuckers and ONE cannot learn a fckin thing about trading here - I would have left but my Higher Consciousness, in his magnificent wisdom showed me there is value even in the toilet.
And what is that value?
HERD mechanics complements PRICE in the same way Fluid Mechanics complements Aerodynamics - in the latter, which is my primary degree, one sees the lowly Mechanical Engineering support and offer slingshot value to FLYING.
That's why I stick around and revel in the hatred that is leveled at me.
Deadbroke,
I'm 50, have no retirement and work at Mcdonalds, so its not about me.
Stock market , real estate, or both and why?
You can't just say cash because cash gets inflated to worthlessness over time.
P.S. I have been a lurker here for years . There is value here, rare , but it's here. Also, value is in the eye of the beholder. Majority is clutter, I agree with you on that.
Quote from Zr1Trader:
Thanks for that, Z.
I'll explain to you why I believe it is CASH. You will most likely disagree with me as I expect everyone here would, but here goes anyway .....
In a bullmarket as the one we had for the last 70 years, CREDIT and expansion were KINGS and CASH was despised as a reprobate. Proof was the fact that the American Savings Rate was at 0% for decades. So remember, Credit was loose, lenders trusted and had confidence in the ability of borrowers to repay.
This has now reversed.
The American Savings Rate has shot up to past 7% like a rocket screeching fuckit.
Contraction now is the modus operandi of the American consumer - this alone is the harbinger of DEFLATION.
In a DEFLATION one gets rid of everything of value and then unbolts whatever is bolted to the floor and gets rid of it too - TO RAISE CASH.
When this concept dawns on ET, I will come back here to remind you of this - if I am expelled, kindly give me permission to make just one post .....