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Joined: Nov 2002
Posts: 33,852 Likes: 21
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,852 Likes: 21 |
I have zero issue with what you wrote but I do expect and see my investments to grow. The CEO's are working for the investor just as they should be. Likewise... my money mangers keep me apprised of "special opportunities". The DOWNSIDE however... is that 4 of the 6 local restaurants here in rural Virginia (on the Bay) are only open 3 days per week... because they can't get help. (People bug out for "city jobs"?) Sure they could pay Molly $45 an hour to waitress... but then my crab cake platter would be $75, not $25. We had 3 hardware stores... now we are down to 2... and in 6 months... ONLY one. This implosion cannot be stopped. I hear tell land in Idaho is now $10k an acre... Ten years ago it was about a 1/3 of that? Five acre "lots" up in the woods here (Sandpoint) are at $200k+. Crazy as well is there are at least four new restaurants compared to last summer. A lot of money arrived here over the past few years. Stuff nearby is still selling in days, cash at asking price, at least. One just down the road sold in three days a couple of weeks ago with a cash $1.2M sale.
Conduct is the best proof of character.
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Joined: Feb 2013
Posts: 22,165 Likes: 22
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 22,165 Likes: 22 |
Five acre "lots" up in the woods here (Sandpoint) are at $200k+. Crazy as well is there are at least four new restaurants compared to last summer. A lot of money arrived here over the past few years. Stuff nearby is still selling in days, cash at asking price, at least. One just down the road sold in three days a couple of weeks ago with a cash $1.2M sale. Do the local kids "born and raised there" have that kind of money? Or is it the 1/10 of the 1% buying up everything? i.e. California North?
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Dec 2013
Posts: 44,899 Likes: 39
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,899 Likes: 39 |
Five acre "lots" up in the woods here (Sandpoint) are at $200k+. Crazy as well is there are at least four new restaurants compared to last summer. A lot of money arrived here over the past few years. Stuff nearby is still selling in days, cash at asking price, at least. One just down the road sold in three days a couple of weeks ago with a cash $1.2M sale. Do the local kids "born and raised there" have that kind of money? Or is it the 1/10 of the 1% buying up everything? i.e. California North? Chineee.
Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH
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Joined: Dec 2021
Posts: 1,330
Campfire Regular
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Campfire Regular
Joined: Dec 2021
Posts: 1,330 |
Five acre "lots" up in the woods here (Sandpoint) are at $200k+. Crazy as well is there are at least four new restaurants compared to last summer. A lot of money arrived here over the past few years. Stuff nearby is still selling in days, cash at asking price, at least. One just down the road sold in three days a couple of weeks ago with a cash $1.2M sale. Do the local kids "born and raised there" have that kind of money? Or is it the 1/10 of the 1% buying up everything? i.e. California North? Chineee. LOL Like you know anything about what happens in the west.
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Joined: Mar 2020
Posts: 4,814
Campfire Tracker
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Campfire Tracker
Joined: Mar 2020
Posts: 4,814 |
Five acre "lots" up in the woods here (Sandpoint) are at $200k+. Crazy as well is there are at least four new restaurants compared to last summer. A lot of money arrived here over the past few years. Stuff nearby is still selling in days, cash at asking price, at least. One just down the road sold in three days a couple of weeks ago with a cash $1.2M sale. Do the local kids "born and raised there" have that kind of money? Or is it the 1/10 of the 1% buying up everything? i.e. California North? Chineee. LOL Like you know anything about what happens in the west. You get taken in the ass?
Last edited by Raferman; 08/04/23.
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Joined: Nov 2002
Posts: 33,852 Likes: 21
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,852 Likes: 21 |
No, though dependent upon the age of the "kid". Yes to the second and yes to the third. Of the latter I have yet to meet a transplant (typically retirees) that was not conservative and left California for that reason. Last summer a family bought those five acres I mention above to get out of California. He is a recently retired corrections officer from Folsom Prison. I kid you not, the first thing he did with his property was install an American flag. Nicest family and a guy I would not want to see angry.
Conduct is the best proof of character.
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Joined: Feb 2013
Posts: 22,165 Likes: 22
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 22,165 Likes: 22 |
LOL
Like you know anything about what happens in the west. Toot Toot!
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Feb 2013
Posts: 22,165 Likes: 22
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 22,165 Likes: 22 |
LOL
Like you know anything about what happens in the west. Toot Toot! BTW... Speaking of trains... what happened to KSMITH?
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Feb 2013
Posts: 22,165 Likes: 22
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 22,165 Likes: 22 |
No, though dependent upon the age of the "kid". Yes to the second and yes to the third. Of the latter I have yet to meet a transplant (typically retirees) that was not conservative and left California for that reason. Last summer a family bought those five acres I mention above to get out of California. He is a recently retired corrections officer from Folsom Prison. I kid you not, the first thing he did with his property was install an American flag. Nicest family and a guy I would not want to see angry. Hard copy... So the average 21 year old in Idaho has $655k to spend on a starter home. Very cool.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Dec 2013
Posts: 44,899 Likes: 39
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,899 Likes: 39 |
No, though dependent upon the age of the "kid". Yes to the second and yes to the third. Of the latter I have yet to meet a transplant (typically retirees) that was not conservative and left California for that reason. Last summer a family bought those five acres I mention above to get out of California. He is a recently retired corrections officer from Folsom Prison. I kid you not, the first thing he did with his property was install an American flag. Nicest family and a guy I would not want to see angry. Hard copy... So the average 21 year old in Idaho has $655k to spend on a starter home. Very cool. It's funny you put it that way. I think about that all the time. Tough being one of the young folks these days. The rats in DC are stealing their futures.
Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH
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Joined: Aug 2009
Posts: 9,921 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2009
Posts: 9,921 Likes: 1 |
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Joined: Sep 2003
Posts: 23,580 Likes: 23
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,580 Likes: 23 |
7+ mortgage rates. And I got beat out on a 23k above asking offer today.
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Joined: Aug 2009
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Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2009
Posts: 9,921 Likes: 1 |
7+ mortgage rates. And I got beat out on a 23k above asking offer today. And that's how things will collapse
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Joined: Nov 2002
Posts: 33,852 Likes: 21
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,852 Likes: 21 |
No, though dependent upon the age of the "kid". Yes to the second and yes to the third. Of the latter I have yet to meet a transplant (typically retirees) that was not conservative and left California for that reason. Last summer a family bought those five acres I mention above to get out of California. He is a recently retired corrections officer from Folsom Prison. I kid you not, the first thing he did with his property was install an American flag. Nicest family and a guy I would not want to see angry. Hard copy... So the average 21 year old in Idaho has $655k to spend on a starter home. Very cool. I do not recall writing that.
Conduct is the best proof of character.
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Joined: Nov 2004
Posts: 10,091 Likes: 15
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2004
Posts: 10,091 Likes: 15 |
The average 21 year old here makes at least $15 an hour but only wants to work 12 hours a week. Crappy rocky ground in Rigby where I live is $100k for a 1 acre lot but only $250k for a 5 acre. Five years ago it was 22k for 1 acre and 50k for 5 but starter jobs were also $8 an hour.
I hear 21 year olds complaining that they'll never be able to afford a home but they'll still vote for Biden. My 22 year old nephew was complaining because he only makes $25 an hour as a pharmacy tech at costco so he can't afford a home. I told him I couldn't afford a home until I was 32 and that was an RN BSN in 2000 I was only making $16.23 an hour and lived in a townhouse with roommates because I couldn't afford my own place. I also worked 2 jobs one full time and one half time and always worked at least 60 hours a week.
I told him you work 60 hours + a week for a few years and see if your finances improved. I then told him how I paid my way through my bachelor's degree making $4.85 an hour driving a semi with double belly dumps hauling sugar beets to the sugar factory in Paul Idaho. I told him how I usually worked 72 hours a week because I didn't want to miss that 7th day because it was time and a half at over $7 an hour.
After that conversation I realized I'm sick of the new generation whining about how they can't afford a home even working 12 hours a week. I couldn't afford one either until I had a masters degree from a first tier MBA program and was working 60+ hours a week.
Bb
Last edited by Burleyboy; 08/05/23.
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Joined: Nov 2015
Posts: 1,793
Campfire Regular
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Campfire Regular
Joined: Nov 2015
Posts: 1,793 |
Normalcy bias is definitely a thing.
Gets many (most?) in trouble at inflection points.
Last edited by Tarbe; 08/05/23.
USMC 0351
We know the price of everything and the value of nothing.
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Joined: Feb 2013
Posts: 22,165 Likes: 22
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 22,165 Likes: 22 |
It's funny you put it that way. I think about that all the time. Tough being one of the young folks these days. The rats in DC are stealing their futures. It is moreover the disparity of the "Haves" and the "Have Nots"... caused by the rats in DC and insider Racketeering. The "Haves" have 69%+ of the wealth and growing... It will be 90% in short order (couple more years)... see chart previous page. The "Haves Nots" have 2.4% of the wealth and shrinking... and will represent 66% of the population in short order (couple more years)... see chart previous page. This is the Socialism that will take over by vote and force in short order (couple more years). The Trolls on this site argue for their OWN SHACKLES... I am only a pundit. ---------------------------- Bottomline... LIFT UP YOUR FELLOW AMERICAN... or watch the entire ship sink.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Sep 2003
Posts: 23,580 Likes: 23
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,580 Likes: 23 |
Right now there is record $ flowing into 5% CDs. Lots of money being parked there. When/if rates drop, that money will be put back into the market which will probably be the boost to get it over 40k.
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Joined: Feb 2008
Posts: 8,699 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2008
Posts: 8,699 Likes: 2 |
If it wasn’t for the Fed on a number of Occasions opening up their unique funding mechanism the market would have been considerably Lower..
The Last was saving All those Rich Puss in those 3 Banks in Kommifornia ..
All the Money the Fed Drained during it Unprecedented Hiking Cycle they put back in the system to save the Banking System..
And the Rich Commie Jewelry Store Proprietors .
Oh
The Treasury is Auctioning 1 Trillion in Notes this Quarter ..
Hello Hello is anybody Out There ..
Hahahaha Hahahaha
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Joined: Jan 2003
Posts: 11,000 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2003
Posts: 11,000 Likes: 2 |
Been watching several stocks over that past couple of months myself. I decided to buy Carnival Cruise Lines when it got down to 8 bucks and its close to 16 now I think. Marothon Oil and Haliburton have nearly if not already doubled since their lows a month or so ago. Some of the pharma's have done well. I haven't made a killing but I did invest 15k into CCL, MRNA and Pfizer and I'm up to 32K I believe in just a few weeks. .....price of a soul these days?
When a country is well governed, poverty and a mean condition are something to be ashamed of. When a country is ill governed, riches and honors are something to be ashamed of . Confucius
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