Folks seem oblivious to the economic tsunami that’s coming. How much more sign do they need?!
I remember 2007 and and said the same. Everyone was way over extended on credit like now with a down trending economy. Like last time it was a financial criss created by our government
Folks seem oblivious to the economic tsunami that’s coming. How much more sign do they need?!
I remember 2007 and and said the same. Everyone was way over extended on credit like now with a down trending economy. Like last time it was a financial criss created by our government
It's a 10-12 year cycle and most people only have a 5 year memory. You would think it planned
"Life is tough, even tougher if your stupid" John Wayne
Payment deferrals for those who had China flu financial issues will start talking a toll on the economy in June. Deferred house payments don't go against a person's credit score, so that means they can borrow even more money that they can't afford to pay back. My feeling is, those who are fiscally responsible will be paying for those who aren't and will get screwed again. Sorta like the student loan forgiveness BS.
Prices sure haven't dropped in TX. Both rural land and city real estate is through the roof.
l told my pap and mam I was going to be a mountain man; acted like they was gut-shot. Make your life go here. Here's where the peoples is. Mother Gue, I says, the Rocky Mountains is the marrow of the world, and by God, I was right. - Del Gue
Prices are all over the board in TX. Depends on location, but all land is way up in price.
l told my pap and mam I was going to be a mountain man; acted like they was gut-shot. Make your life go here. Here's where the peoples is. Mother Gue, I says, the Rocky Mountains is the marrow of the world, and by God, I was right. - Del Gue
Interest rates have nearly double in the past 4 months but things are still holding fairly well here. Building and material costs are through the roof and the market is demand driven by the genuine need of homes and not just speculation as in 2008.
Hard to say what's going to happen but I'm wondering if I should sell one of my homes now in anticipation of the coming crash. Inflation is the wild card right now. The economy could crash and as the dollar goes with it homes could still climb.
I'm not sure what my crystal ball says but a week or so ago my investment advisor told me I needed to get back in the market because the Dow was likely going to be 36000 this week. I told him my ball says 33000 next week. He just called and asked to borrow my ball. I said call my wife, they're in her purse. He didn't get it.
Time for a new advisor. He only holds about $200k of my retirement but his high fees effect my actions and often hold me back from what I what to do.
Someone got a link for the most recent investment thread? I need some ideas. Everything is confusing right now but I'm more fearful for the future than ever. I hate not having my money working in someway though so I'm tired of the sidelines.
Houses near the big city are selling faster than they can get built. High percentage of them are being bought by outsiders especially from California.. not too sure it's such a good thing.
Interest rates have nearly double in the past 4 months but things are still holding fairly well here. Building and material costs are through the roof and the market is demand driven by the genuine need of homes and not just speculation as in 2008.
Hard to say what's going to happen but I'm wondering if I should sell one of my homes now in anticipation of the coming crash. Inflation is the wild card right now. The economy could crash and as the dollar goes with it homes could still climb.
I'm not sure what my crystal ball says but a week or so ago my investment advisor told me I needed to get back in the market because the Dow was likely going to be 36000 this week. I told him my ball says 33000 next week. He just called and asked to borrow my ball. I said call my wife, they're in her purse. He didn't get it.
Time for a new advisor. He only holds about $200k of my retirement but his high fees effect my actions and often hold me back from what I what to do.
Someone got a link for the most recent investment thread? I need some ideas. Everything is confusing right now but I'm more fearful for the future than ever. I hate not having my money working in someway though so I'm tired of the sidelines.
Bb
I watch this guy’s channel for market analysis
Problem is the market is much different than a few years ago and very volatile and unpredictable. Huge week to week swings. Staying out for awhile
