So if I told you that you have $400,000. and you had to buy either 2 condos/townhouses in the Las Vegas area or $400,000. worth of Boeing stock...Which would you buy? You must hold onto it for AT LEAST 5 years. At the end, which one do you think would make (lose) more money?? Las Vegas is getting killed...No tourist, no conventions, no sports fans. Wondering if we are looking at an Atlantic City type of situation. Boeing (with their unions) can not ramp up for years. Boring Boring Boeing...Who will buy their planes in mass? Thoughts? If you had to choose one...
What would you buy Las Vegas townhouse/condos or Boeing stocks??
- Thread starter Cabin111
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Water behind the Hoover dam is at record low levels. Once that's gone Las Vegas is gone.
Its too risky for a long term buy and hold, in my opinion.
Romans, would flood the coliseums, 2000 years ago, in order to stage naumachiae, or mock sea battles.
If they managed to get that water, LV folks should be fine too.
To answer the question - i would choose neither of those two.
Unfortunately, the answer is wait for the election to resolve before doing anything.
I live in Vegas. If Biden wins, the refitting of some (initial) 4 million buildings may involve Vegas mega-size properties. As it stands right now, Vegas/Nevada is not recovering well economically, regardless of "news" and stock prices. As example, there has not been a convention of any size since March. I'll be quiet about general tourism. Rather a quick reminder mention of weddings (the legal process), family celebrations, entertainment and sports are up and beyond the conventional thinking of the hotel occupancy and air travel discussion, in addition to travel quarantines still in effect in some states.
I live in Vegas. If Biden wins, the refitting of some (initial) 4 million buildings may involve Vegas mega-size properties. As it stands right now, Vegas/Nevada is not recovering well economically, regardless of "news" and stock prices. As example, there has not been a convention of any size since March. I'll be quiet about general tourism. Rather a quick reminder mention of weddings (the legal process), family celebrations, entertainment and sports are up and beyond the conventional thinking of the hotel occupancy and air travel discussion, in addition to travel quarantines still in effect in some states.
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I had a gambler from LV loan me his Benelli 20 gauge in Argentina/LOL true.[Hunting hi volume eared dove]
BUT like Dave Ramsey[REALTOR, radio host] says ''there are more than 2 choices''
QQQ,QLD...…. has had some good uptrends. I also still have my bear charts of qqq; volume was greater then+ QQQ was priced about $30.00+/
That gambler was a good shot on hunting hi volume eared dove.
Vegas.
Boeing’s recovery has all sorts of headwinds even after Covid.
You can financially engineer real estate better.
Vegas will have a tailwind of retirees.
Covid will pass.
Boeing’s recovery has all sorts of headwinds even after Covid.
You can financially engineer real estate better.
Vegas will have a tailwind of retirees.
Covid will pass.
Vegas retiree "tailwind" is broken... While it is true there is no state income tax, that "benefit" is highly misunderstood. The money to run the state comes from somewhere, but it is not an "income tax". If tourism and gaming remain muted, Vegas will become an un-desirable place for retiring. The world is very misinformed of Nevada... law enforcement and chambers of commerce have been spinning for decades!! Oct 2... It's 99 degrees today. The visitors bureau spouts an average of 82.
its
My view that the economic effects Covid will be gone by next summer. The virus may still exist and we may not have herd immunity but we will figure out how to run the economy safely.
I would say these two choices might be the worst two investment choices possible. I would buy anything before BA, south carolina is a sign of defeat..... airplanes there, damn. Can you imagine the level of expertise they gonna have way down there. As far as Vegas, go to the tunnels first, then decide. If you've never heard about the tunnels, ask around about the mole people.
But, its a good post to take us off that rough earlier news.
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