I disagree somewhat. It depends on the stage of your life / career etc. Not everyone has the luxury of being a unicorn hunter.
I was always against young people / fthb buying too much house. I'm for stay lean and mean, invest elsewhere for higher returns especially when you're young.
IHO, you...
Even if it's "almost impossible" to time the market, you should probably still try.
I frankly don't get the "too difficult why bother" narrative that keeps getting parroted on TI. Why live your life with such a defeatist attitude?
And are we seriously using problems unicorn hunter faces to...
I think you made a great point. As a natural contrarian with Yang genes, I do get drawn to contrarian opinions. Sometimes without even realizing it.
I will admit that I'm biased & prone to being one sided on some issues.
And I did have periods where I don't check TI for months. I probably...
Calbear, I disagreed with LL on many issues. I disagree with SGIP on lots of issues. I disagree with IHO on some issues.
Yet, I still believe it?s possible to disagree with someone and still feel that person is worthy of respect.
I use TI for information. Substantive and diverse discourse is...
California's electrical grid has an aging problem. Calling it an EV problem is just a convenient spin.
Our electrical grid is graded D+ due to aging. Most of the critical infrastructure including transmission & distribution lines were constructed in the 1950s -1960s with a 50-year life...
Thanks USC, I remember seeing your forecast. And with all due respect, that's not exactly a bearish take.
I appreciate people (like USC and LL) posting their convictions. Especially if they are nuanced and came from data driven approaches.
Doesn't matter if they are bullish, bearish, or...
I am well aware of TI's history.
I joined the current TI late, but I started reading TI long before registering. (was even an occasional participant of TI in its former blog form)
TI ( in its former form) had a good balance of bears. It was one of the biggest reason I stuck around. Every...
Bearish takes are often met with hostility on TI.
It's unfortunate but understandable.
Many likely have RE as the biggest slice of their total net worth, therefore have heavily vested interest in seeing housing continue to go up.
It sounds great in theory.
But in reality, how many first time homebuyers have the mental discipline to not stretch? especially given the recently escalated affordability problem
If you ever wonder how disciplined Americans are as a whole, look at our obesity numbers.
Percent of adults aged...