Recent content by sleepy5136

I think immigration reform is needed, but at the same time look at Canada. They are doing the opposite of what the US does and I hear local Canadians complaining about how they are taking jobs from local Canadians

Went to the skyline lots and it had a landfill smell in the air. 7m+ to have a city view and smell of the landfill. What a deal!

Options are endless with 2.5m in the west.

Vegas is waiting for you.

Anyone spending more than 2.5m+ on a cookie cutter home is crazy. With 2.5m I can buy land 2X of Irvine and do a custom build in Hawaii.

Again, holding positions is not timing the market.

Weak. Holding your positions is a strategy and not based on anything hindsight. Nice try trolling 🙂

Wouldn’t staying all cash for the last two months be timing the market as well? No financially literate individual would continue to hold cash unless they need the cash immediately or if it’s a rainy day fund. My argument was initially about not losing any money by staying the course so yes...

You don’t “lose” money in equities unless you sell. You should know better. You also can’t ignore dip buying which will make you more money than any interest in savings. I know your arguments and you’re trying to be slick.

You're saying you're not cherry picking in one sentence and the next sentence you cherry pick. You can't make this stuff up man LOL. Let's play the same game as you, let's have March 2020 as a reference point. S&P was 2300. Now it's 6000. No savings interest will ever beat that kind of return...

What about when the market went up 25% which outperformed savings rate? You’re cherry picking by only mentioning when it went down. Leaving your money in cash is always a bad choice FYI. Return from savings account is generally less than returns from market.

Really? At the age of 22 you're working your tail off to get luxury items and own a home without mommy & daddy money? I call BS.

Not when you buy the dips.

No one is born into this world entitled to ANYTHING. I will never tell my kids anything about what they will or will not have.

that’s the same. No one is really mentioning how poor financial literacy and spending habits are the root cause of this all. The amount of kids I see with LV bags, nice cars that are financed at atrocious rates, and the latest iPhones at the age of 22 in Irvine is insane.