Anyone investing heavily this year??

How much money did you lose/gain this past week?


  • Total voters
    30
  • Poll closed .

A to Dah K

Rising Star
BGOL Investor


$INTC going all in on manufacturing to best $TSM, but at what cost?

Background


Via Reddit
ASML & TSM in my 401k
 

Non-StopJFK2TAB

Rising Star
Platinum Member
I thought it was weird how the guy who wrote Rich dad Poor Dad was selling all kinds of conspiracy theories and is now peddling bitcoin, but now it all makes sense, he didn't write the books he was just the face.
The premise of the book is silly. Of course the guy is a scammer.
 

Helico-pterFunk

Rising Star
BGOL Legend






 

RoomService

Dinner is now being served.
BGOL Investor






I got the $101 for Charles Schwab
 

Helico-pterFunk

Rising Star
BGOL Legend




 

Flawless

Flawless One
BGOL Investor
Can anyone explain to me why people like owning rental property when you can take that money and invest in the stock market? I am renting out my DC condo right now and I am really thinking about selling it in 2025 (DC has some crazy rental laws) and investing the profits into the market. Thoughts?? @HellBoy @Madrox @havelcok @Helico-pterFunk @Flawless @Coldchi
Stable income stream without worrying about market fluctuations, you can also borrow equity from your property. The risk here is the economy tanks or the neighbourhood gets run down. DC and Cali seems crazy to be a landlord I guess local laws is something to take in consideration as well.
 

DC_Dude

Rising Star
BGOL Investor
Stable income stream without worrying about market fluctuations, you can also borrow equity from your property. The risk here is the economy tanks or the neighbourhood gets run down. DC and Cali seems crazy to be a landlord I guess local laws is something to take in consideration as well.

Very true....Yeah I think the local laws is making me consider selling...Shit wild like you almost give the city your property once you become a landlord and you have to jump through hurdles when you want to sell it...
 

Rah

Rising Star
BGOL Investor
Very true....Yeah I think the local laws is making me consider selling...Shit wild like you almost give the city your property once you become a landlord and you have to jump through hurdles when you want to sell it...
Interesting you mention this subject. I’m thinking about purchasing a condo in DC (maybe Arlington) with the intent of renting it out in the next 3-4 yrs when I depart the area.
 

havelcok

Rising Star
Platinum Member
Can anyone explain to me why people like owning rental property when you can take that money and invest in the stock market? I am renting out my DC condo right now and I am really thinking about selling it in 2025 (DC has some crazy rental laws) and investing the profits into the market. Thoughts?? @HellBoy @Madrox @havelcok @Helico-pterFunk @Flawless @Coldchi

I chose stock because I personally do not want the hassle of being a landlord
 

Helico-pterFunk

Rising Star
BGOL Legend
Can anyone explain to me why people like owning rental property when you can take that money and invest in the stock market? I am renting out my DC condo right now and I am really thinking about selling it in 2025 (DC has some crazy rental laws) and investing the profits into the market. Thoughts?? @HellBoy @Madrox @havelcok @Helico-pterFunk @Flawless @Coldchi


I think the appeal for many is that it’s going to be problem-free. But this is life, and we know that’s not always the case.

I wanted to get a rental property locally, but I think that time has passed. Things are still way overpriced for what you’re getting, and I don’t want to tie up 500 - 700k for a basic 1-2 br condo or apt to rent out. And that’s for places built in the mid-2000s.

At the moment I make more monthly on my investments than I would renting out / paying off a rental. And I don’t want the headaches. I am happy leaving things be.
 

A to Dah K

Rising Star
BGOL Investor
Can anyone explain to me why people like owning rental property when you can take that money and invest in the stock market? I am renting out my DC condo right now and I am really thinking about selling it in 2025 (DC has some crazy rental laws) and investing the profits into the market. Thoughts?? @HellBoy @Madrox @havelcok @Helico-pterFunk @Flawless @Coldchi
Over time, real estate has some good ass appreciation. If you can weather the storms
 

DC_Dude

Rising Star
BGOL Investor
Interesting you mention this subject. I’m thinking about purchasing a condo in DC (maybe Arlington) with the intent of renting it out in the next 3-4 yrs when I depart the area.

See Arlington and damn near every state in the USA don't have the same laws as DC when you become a landlord. Arlington definitely is a good area though. I have a few co workers that live there and it's growing so much that they are running out of space.

I learned at the Xmas party this year that Arlington is 26 square miles and there are 26 elementary schools in Arlington....lol
 

DC_Dude

Rising Star
BGOL Investor
I think the appeal for many is that it’s going to be problem-free. But this is life, and we know that’s not always the case.

I wanted to get a rental property locally, but I think that time has passed. Things are still way overpriced for what you’re getting, and I don’t want to tie up 500 - 700k for a basic 1-2 br condo or apt to rent out. And that’s for places built in the mid-2000s.

At the moment I make more monthly on my investments than I would renting out / paying off a rental. And I don’t want the headaches. I am happy leaving things be.

Yeah and I did the math if you put in 100K into the market, with an annual return of 10%, that's 10,000 a year, but if you re-invest, it will just go up each year....

You don't have to worry about maintenance, trying to find a renter, paying for stuff, and etc...

I was listening to this guy talk about why he buys 1000 stocks at a time and he says whenever that stock goes up $1, I make $1000....Got me thinking even more why investing in the stock market and investing in quality stocks are so important.
 

DC_Dude

Rising Star
BGOL Investor
Over time, real estate has some good ass appreciation. If you can weather the storms

It does and my condo appreciated almost 50% over a 13 year period....I paid 305K and it's worth almost 600K (atleast it appreciated for that amount by the bank)....

My main reason for keeping it is the location, they building a rec center and early childhood center, and the SEC is building a new office about 10 minutes away....Plus it's in DC proper, but the laws are so crazy I am almost like man fuck this shit...lol
 

Helico-pterFunk

Rising Star
BGOL Legend
Yeah and I did the math if you put in 100K into the market, with an annual return of 10%, that's 10,000 a year, but if you re-invest, it will just go up each year....

You don't have to worry about maintenance, trying to find a renter, paying for stuff, and etc...

I was listening to this guy talk about why he buys 1000 stocks at a time and he says whenever that stock goes up $1, I make $1000....Got me thinking even more why investing in the stock market and investing in quality stocks are so important.


Good points.

Yeah - you really need to know what you’re doing in some of these housing markets. Or have been able to buy in back when things are more affordable.

The place I bought in 2009 has more than doubled in assessed value since then after years of hovering around the same amount.

I thought I was paying way too much in 2009 and that had me stressed.

Some renters are great. Others terrible. My aunt and her husband lived in a condo for 20+ years and rented out their old house. They moved back to the house in early-2010s after being tired of the headaches and damage to the house from said renters. Assholes treated it like a party house and pissed off the neighborhood. I would have caught a few charges “straightening out” said renters. Sorry to say. I would go from 0 to 60 dealing with some of the situations she had. “Oh, we flooded the house but forgot to tell you ...”

Huh?
 

DC_Dude

Rising Star
BGOL Investor
Good points.

Yeah - you really need to know what you’re doing in some of these housing markets. Or have been able to buy in back when things are more affordable.

The place I bought in 2009 has more than doubled in assessed value since then after years of hovering around the same amount.

I thought I was paying way too much in 2009 and that had me stressed.

Some renters are great. Others terrible. My aunt and her husband lived in a condo for 20+ years and rented out their old house. They moved back to the house in early-2010s after being tired of the headaches and damage to the house from said renters. Assholes treated it like a party house and pissed off the neighborhood. I would have caught a few charges “straightening out” said renters. Sorry to say. I would go from 0 to 60 dealing with some of the situations she had. “Oh, we flooded the house but forgot to tell you ...”

Huh?
Yup and I wonder how many people would just say fuck renting their property, sell it, and put profits it into the market if more people knew the power of investing...
 

Helico-pterFunk

Rising Star
BGOL Legend
Yup and I wonder how many people would just say fuck renting their property, sell it, and put profits it into the market if more people knew the power of investing...

Agreed.

I’ve got a coworker who is in her late-50s.

She works PT with us and oncall with a few of our locations. Hard worker. Owns her home. Married with no kids. She has NO retirement savings though. Travels internationally a few times annually. Has tried her hand in the condo market but pulled out quickly after losing money. Has a few international students living with her that brings in money. She is always stressed though. I mentioned to her casually that’s all well and good that you have money readily available, but it would be wise to have invested along the way to make said $ work for you.

As my mom said to me as a broke college kid in the early 2000s. Just get into the habit of investing a little of your money. Even if it’s a bullshit small amount. It all adds up over time. Minus whale start early.
 
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