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» **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
05-20-2021, 12:31 PM
#2011
Originally Posted By Elias373⏩
You said that couple of days ago, lol
PLTR charts looking joocy.. Take-off imminent. Load the boat before its too late
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05-20-2021, 12:32 PM
#2012
pltr always look jooooooocy but never does zhit lol
"Paper money is going away" - EM
05-20-2021, 12:50 PM
#2013
Originally Posted By chino3⏩
1k eoy would be fine with me
Realized I had a couple grand left in my IRA so bought
WMT
1/2022
$120c @ $24.5
Better than nothing, and this stock is for sure going to fly soon enough.
shut it, ******* (though my CSP's hope you're right)
$1k EoY
WMT
1/2022
$120c @ $24.5
Better than nothing, and this stock is for sure going to fly soon enough.
shut it, ******* (though my CSP's hope you're right)
$1k EoY
Originally Posted By MinisterOfLust⏩
Almost convinced it’s a controlled opposition bot.
You said that couple of days ago, lol
Anyone who had true conviction long term in palantir wouldn’t come in here every other day saying it’s about to moon and to load up the boat on it.
05-20-2021, 01:00 PM
#2014
so we aint gonna talk about our boy TSLA making big boy moves today?
05-20-2021, 01:23 PM
#2015
Originally Posted By TugOfPeace⏩
negative
Its probably going to reverse tomorrow
05-20-2021, 01:58 PM
#2016
******** just removed the AMC discussion group
Guess who is Citadels(who shorted AMC the heaviest) largest holding..
lmao, dirty bastards
Supposedly short interest is going down but utilization is still high. fukery.. Why can't they just play fair
Guess who is Citadels(who shorted AMC the heaviest) largest holding..
lmao, dirty bastards
Supposedly short interest is going down but utilization is still high. fukery.. Why can't they just play fair
05-20-2021, 02:10 PM
#2017
Originally Posted By HMFIC_BROWSIN⏩
I would but they don’t pay a dividend and the service they provide isn’t unique. What’s stopping another company from doing the same thing?
I feel like ETSY dip is an opportunity for a life-long HOLD position rn.
keep telling my gf to buy the fuarking stonk because she uses the gay site. I might just plunk down some money on it to make a point when it doubles in a year lol.
ETSY P/E ratio: 50
ETSY q1 2021 revenue growth: 141%
wtffffffff. value town.
keep telling my gf to buy the fuarking stonk because she uses the gay site. I might just plunk down some money on it to make a point when it doubles in a year lol.
ETSY P/E ratio: 50
ETSY q1 2021 revenue growth: 141%
wtffffffff. value town.
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05-20-2021, 02:11 PM
#2018
Does anyone know where people are looking at the forecasted inflation for this month?
Everyone is always talking about "higher than expected", does that mean 2% or is there some other benchmark the analysts have pumped out?
Did some curve fitting and I got the values:
If last month was an anomaly <= 4.6%
If this trend holds (optimistic) <= 7.5%
If this trend holds (pessimistic) >= 8.5%
Everyone is always talking about "higher than expected", does that mean 2% or is there some other benchmark the analysts have pumped out?
Did some curve fitting and I got the values:
If last month was an anomaly <= 4.6%
If this trend holds (optimistic) <= 7.5%
If this trend holds (pessimistic) >= 8.5%
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05-20-2021, 02:18 PM
#2019
Originally Posted By BulkingIsHard⏩
I think I saw a WSJ headline for 4%..
Does anyone know where people are looking at the forecasted inflation for this month?
Everyone is always talking about "higher than expected", does that mean 2% or is there some other benchmark the analysts have pumped out?
Everyone is always talking about "higher than expected", does that mean 2% or is there some other benchmark the analysts have pumped out?
yep https://www.wsj.com/articles/inflati...ur-11621355006
This article says more than 4% https://www.wsj.com/articles/the-ris...ns-11621195245
What the official numbers will be, that's another story. Fed was denying any inflation a couple weeks ago.
I think we'll be seeing more than 4%. Just looking at goods I normally buy, everything is up a lot more than 4% and that was a few weeks ago.
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05-20-2021, 02:59 PM
#2020
Originally Posted By TugOfPeace⏩
Inflation/money printing, lack of supply, big money moving into real estate, taxes in certain states leading to an influx to others, hedging, tax proposals, low interest rates.
Would you guys say that the reason real estate is so expensive right now is due to supply and demand, or inflation?
Im thinking inflation. If the fed hadnt printed out so much money and given unemployment benefits and stimulus checks and foreign aid, people wouldn't have the liquidity to be throwing their money at real estate. Thoughts?
Im thinking inflation. If the fed hadnt printed out so much money and given unemployment benefits and stimulus checks and foreign aid, people wouldn't have the liquidity to be throwing their money at real estate. Thoughts?
It’s a number of things, intertwined in one way or another.
05-20-2021, 03:14 PM
#2021
Originally Posted By AdvancedDreamer⏩
do you know how hard it is to build a marketplace with buyers and sellers? why would someone go somewhere else when all the buyers and sellers are on etsy? and they make the most money selling on that site with a very niche market. what you basically said was why cant someone make another Instagram? why is it so unique?
I would but they don’t pay a dividend and the service they provide isn’t unique. What’s stopping another company from doing the same thing?
GAINS, GAINS, More GAINS
05-20-2021, 03:48 PM
#2022
you win Venom
there it is
government/irs is not gonna allow anything to run without their watch
https://twitter.com/CNBCnow/status/1395440279004618760
there it is
government/irs is not gonna allow anything to run without their watch
https://twitter.com/CNBCnow/status/1395440279004618760
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05-20-2021, 06:47 PM
#2023
Originally Posted By TugOfPeace⏩
Would you guys say that the reason real estate is so expensive right now is due to supply and demand, or inflation?
Im thinking inflation. If the fed hadnt printed out so much money and given unemployment benefits and stimulus checks and foreign aid, people wouldn't have the liquidity to be throwing their money at real estate. Thoughts?
Im thinking inflation. If the fed hadnt printed out so much money and given unemployment benefits and stimulus checks and foreign aid, people wouldn't have the liquidity to be throwing their money at real estate. Thoughts?
Mostly inflation, coupled with lack of affordable new homes (lumber prices) I think
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05-20-2021, 07:06 PM
#2024
Originally Posted By TugOfPeace⏩
Srs?
Would you guys say that the reason real estate is so expensive right now is due to supply and demand, or inflation?
Im thinking inflation. If the fed hadnt printed out so much money and given unemployment benefits and stimulus checks and foreign aid, people wouldn't have the liquidity to be throwing their money at real estate. Thoughts?
Im thinking inflation. If the fed hadnt printed out so much money and given unemployment benefits and stimulus checks and foreign aid, people wouldn't have the liquidity to be throwing their money at real estate. Thoughts?
The people getting unemployment aren’t getting loans…
Not sure how foreign aid impacts housing prices
Basically, it’s supply and demand
These rates are historic lows, so ofc you’re going to have an absolute chit load of people buying chit up, especially as investment properties and/or second homes.
Then you have lack of materials leading to substantial slow downs in new home construction (not to mention how long construction was delayed due to COVID in general)
Inflation will be responsible for maintaining prices, but definitely did not lead to them
"It won't get better, just different."
05-20-2021, 07:20 PM
#2025
Let me put it this way. When you have 10+ people bidding, not just interested, but getting into bidding wars on a single home, do you think inflation is causing the price to increase, or the demand?
"It won't get better, just different."
05-20-2021, 07:23 PM
#2026
Originally Posted By TugOfPeace⏩
It's like most things in the post-covid world: It's a supply issue.
If a $400k house one year ago is worth $700k today for example, would you still say it's supply and demand, and not inflation?
What I'm getting at is that my parents home appreciated 15% in the past year despite nothing being done to the home.. and I can't imagine that it's intrinsic value based on how the neighborhood compares now to one year ago, how the city has changed, etc, has changed so much to get a 15% increase in a year. That's why I'm curious if it's REALLY supply and demand as the sole factor, or if inflation has a larger effect. The fed is apparently denying that inflation even exists, so nobody knows the real number right?
What I'm getting at is that my parents home appreciated 15% in the past year despite nothing being done to the home.. and I can't imagine that it's intrinsic value based on how the neighborhood compares now to one year ago, how the city has changed, etc, has changed so much to get a 15% increase in a year. That's why I'm curious if it's REALLY supply and demand as the sole factor, or if inflation has a larger effect. The fed is apparently denying that inflation even exists, so nobody knows the real number right?
The Fed is absolutely not helping things with their free money at 0% interest.
The real reason, at least in my area(southern VA), is that nobody is moving. We're also getting an influx of northern fuks from New York. I wish they'd fuk off. Srs. They're also bringing their politics and chitty attitudes with them.
You would think a 30% increase in home prices would motivate people to sell their homes, especially those near or at retirement, but nope, please are just staying put.
I expect we're going to see supply increase quite a bit when the country completely opens back up again.
Misc Entrepreneur Crew
05-20-2021, 07:43 PM
#2027
Originally Posted By TugOfPeace⏩
“True value” isn’t completely applicable to real estate. Everything is apples and oranges, at best. For instance, you could have the same home appraised by 5 different appraisers, and you will have 5 different appraisal amounts come back.
Well in that case, demand, but I'm talking about just the home value. If 10+ people want to pay exorbitant prices for a home, that's on them, but that's not indicative of the house's true value right? If the homeowner of that house were to get an appraisal, it wouldn't yield anywhere close to the final price of that bidding war?
There really isn’t a “true value” unless you were to assess the cost of building materials and possibly the land itself. Price is what someone will pay, and value is what they will use to justify the price they will pay.
That said, it is possible that appraisals won’t come in at the same amount as what it got bid up to (I’m in this situation right now lol) but that price it got bid up to isn’t because of inflation. It’s because of demand. If inflation was really the cause of this, the appraiser would have an equally high amount, right?
Also, One thing that a lot of people don’t understand that really needs to be understood, is that you hear non stop about homes selling for well over “list price” or whatever. It is a very very common strategy by listing agents to have a low-ish list price, to get as many interested eyes on it as possible. Then it goes bonkers through bids etc. so listing price really doesn’t mean chit.
"It won't get better, just different."
05-20-2021, 08:06 PM
#2028
Yup can confirm.
I purposefully went for "fair" priced homes.
Because the great priced homes where impossible to win.
And sure enough the house I got was "fair" priced aka there where bigger and nicer homes that where listed for less.
I purposefully went for "fair" priced homes.
Because the great priced homes where impossible to win.
And sure enough the house I got was "fair" priced aka there where bigger and nicer homes that where listed for less.
I used to have an AVI of my traps and neck. I changed it a while back and tried editing my user title but this website is glitched and it will not let me change it anymore.
05-20-2021, 08:50 PM
#2029
Originally Posted By lockdev⏩
no supply increase,too many skilled mexicans got deported in last 4 years.shortage in trades will increase as time goes by until they let them back.you cant lure back US native population into blue collar.no matter what.its not prestigious,pay according to unaware people is low,your body is always hurt etc.
It's like most things in the post-covid world: It's a supply issue.
The Fed is absolutely not helping things with their free money at 0% interest.
The real reason, at least in my area(southern VA), is that nobody is moving. We're also getting an influx of northern fuks from New York. I wish they'd fuk off. Srs. They're also bringing their politics and chitty attitudes with them.
You would think a 30% increase in home prices would motivate people to sell their homes, especially those near or at retirement, but nope, please are just staying put.
I expect we're going to see supply increase quite a bit when the country completely opens back up again.
The Fed is absolutely not helping things with their free money at 0% interest.
The real reason, at least in my area(southern VA), is that nobody is moving. We're also getting an influx of northern fuks from New York. I wish they'd fuk off. Srs. They're also bringing their politics and chitty attitudes with them.
You would think a 30% increase in home prices would motivate people to sell their homes, especially those near or at retirement, but nope, please are just staying put.
I expect we're going to see supply increase quite a bit when the country completely opens back up again.
why bother when you can chill in office for better money and less work.this agenda been pushing for decades and results are obvious.
also lol @ buying mcmansion stick chitboxes right now. wait for gme moass,stonk market correction and people defaulting their rental mortgages coz no money.
Mike burry + buffet plays seems reasonable for me.will follow their 13fs
TO THEMOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO ON
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05-21-2021, 01:47 AM
#2030
Originally Posted By chino3⏩
if the house get more than 10 offers then the agent is inept imho
Also, One thing that a lot of people don’t understand that really needs to be understood, is that you hear non stop about homes selling for well over “list price” or whatever. It is a very very common strategy by listing agents to have a low-ish list price, to get as many interested eyes on it as possible. Then it goes bonkers through bids etc. so listing price really doesn’t mean chit.
when I sold my house in New England we agreed to listed as high as we could… got 3 offer… picked 1 and after inspection the guys back out then we called the other guy and he was more than happy to grab the house for his bidding price (3% above asking).
"Paper money is going away" - EM
05-21-2021, 02:07 AM
#2031
Originally Posted By Galindo62⏩
100% - that is how I got my house in NC
Yup can confirm.
I purposefully went for "fair" priced homes.
Because the great priced homes where impossible to win.
And sure enough the house I got was "fair" priced aka there where bigger and nicer homes that where listed for less.
I purposefully went for "fair" priced homes.
Because the great priced homes where impossible to win.
And sure enough the house I got was "fair" priced aka there where bigger and nicer homes that where listed for less.
"Paper money is going away" - EM
05-21-2021, 04:28 AM
#2032
Originally Posted By chino3⏩
This. I had a friends mom go look at a generic low 200k house in my area a few weeks back. 9 offers. NINE. Before noon on the first day. OFFERS. Not….people interested. Literal signed contracts.
Let me put it this way. When you have 10+ people bidding, not just interested, but getting into bidding wars on a single home, do you think inflation is causing the price to increase, or the demand?
Combine historically low interest rates along with people being forced to stay home for a year and do nothing…gives you a lot of purchase power. If you only need 3% to get into a loan, not that hard to save up that much if you dont take that annual vacation with your fam of 4.
MFC
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RIP YGST
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05-21-2021, 05:00 AM
#2033
Originally Posted By camaleom⏩
Wat?
if the house get more than 10 offers then the agent is inept imho
"It won't get better, just different."
05-21-2021, 05:15 AM
#2034
it is a RED HOT seller market… why would you want to list the house for a below market or even fair price?
listed HIGH wait a week and then lower the price if necessary…
also, if the house doesn't get the right appraisal then you could split the difference (and still making money over value) or force the buyer to pay out their pocket (I think somebody is doing that in this group)
my real state agent wanted to list my house for 290 - i said 315 - i got an offer for for 325 and settle with the second offer for 320 or so… I don't need 10 offers diking my price by 500-1k in between
remember the real state agent want to make money FAST - the 5-10k different won't make much of a dif for them… I know they all "act" like they love u but at the end of the day it is a business
listed HIGH wait a week and then lower the price if necessary…
also, if the house doesn't get the right appraisal then you could split the difference (and still making money over value) or force the buyer to pay out their pocket (I think somebody is doing that in this group)
my real state agent wanted to list my house for 290 - i said 315 - i got an offer for for 325 and settle with the second offer for 320 or so… I don't need 10 offers diking my price by 500-1k in between
remember the real state agent want to make money FAST - the 5-10k different won't make much of a dif for them… I know they all "act" like they love u but at the end of the day it is a business
"Paper money is going away" - EM
05-21-2021, 05:20 AM
#2035
Originally Posted By camaleom⏩
Can confirm. Wife is a real estate agent. Nothing worse than sellers who drag out the process for weeks on end over the most mundane chit.
it is a RED HOT seller market… why would you want to list the house for a below market or even fair price?
listed HIGH wait a week and then lower the price if necessary…
also, if the house doesn't get the right appraisal then you could split the difference (and still making money over value) or force the buyer to pay out their pocket (I think somebody is doing that in this group)
my real state agent wanted to list my house for 290 - i said 315 - i got an offer for for 325 and settle with the second offer for 320 or so… I don't need 10 offers diking my price by 500-1k in between
remember the real state agent want to make money FAST - the 5-10k different won't make much of a dif for them… I know they all "act" like they love u but at the end of the day it is a business
listed HIGH wait a week and then lower the price if necessary…
also, if the house doesn't get the right appraisal then you could split the difference (and still making money over value) or force the buyer to pay out their pocket (I think somebody is doing that in this group)
my real state agent wanted to list my house for 290 - i said 315 - i got an offer for for 325 and settle with the second offer for 320 or so… I don't need 10 offers diking my price by 500-1k in between
remember the real state agent want to make money FAST - the 5-10k different won't make much of a dif for them… I know they all "act" like they love u but at the end of the day it is a business
"The dildo of consequences rarely arrives lubed."
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05-21-2021, 05:35 AM
#2036
^^^ sellers asking for letters "why do you want this house" cause they are emotionally attached to the house… when I heard that one I almost zhit my pants loling HAHAHAHAHAH
"Paper money is going away" - EM
05-21-2021, 05:42 AM
#2037
Originally Posted By topperstyle⏩
Pls post directions
Since the misc is dying don’t forget to get in on our trading discord
05-21-2021, 05:42 AM
#2038
Arizona real estate market is bananas.
Have a friend sell a regular, 1800 sq foot suburb home for $590 cash. They had 17 offers in one day.
That home wouldn't have sold for $400 just 2 years ago.
Have a friend sell a regular, 1800 sq foot suburb home for $590 cash. They had 17 offers in one day.
That home wouldn't have sold for $400 just 2 years ago.
Spoiler alert; you die at the end.
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05-21-2021, 05:48 AM
#2039
Originally Posted By camaleom⏩
Jesus Christ man
^^^ sellers asking for letters "why do you want this house" cause they are emotionally attached to the house… when I heard that one I almost zhit my pants loling HAHAHAHAHAH
"The dildo of consequences rarely arrives lubed."
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05-21-2021, 06:08 AM
#2040
Originally Posted By camaleom⏩
I literally explained WHY they post a low-ish price. If you list too high, it’s not a matter of wait and see (which is retarded to waste time in this market, so strike one) but you are automatically losing a lot of eyes right off the bat (strike two). If you have someone who is only looking for homes under 500k but you list at 510k, you will have been filtered out. But here’s the thing with the psychology of sales, you get someone to fal in love with a product and then they are more likely to spend higher than their original budget. It’s why apartments or car dealerships advertise their most poverty products (lowest price) but it’s hot because they’re expecting to move those chit tier items, it’s because they will get interest and then let the customers love for the product move their budget.
it is a RED HOT seller market… why would you want to list the house for a below market or even fair price?
listed HIGH wait a week and then lower the price if necessary…
listed HIGH wait a week and then lower the price if necessary…
Also look at eBay. You may have an item with a buy it now price of $1k that will sit for months. Then what? Lower the price a bit? Well that same item got bid up to within 5% of the BIN price in only 7 days. The longer people wait the higher the chance of missing out on these rates as well as their potential dream home. Time is of the essence.
Originally Posted By camaleom⏩
I can only speak for CA, but this is no longer allowed.
^^^ sellers asking for letters "why do you want this house" cause they are emotionally attached to the house… when I heard that one I almost zhit my pants loling HAHAHAHAHAH
"It won't get better, just different."
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