Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[RunKC]

That article was interesting Lew. While I do think we’ll see another considerable drop from awful earnings reports in the next month, I’m not sure it will go to 18,000 range again. I could definitely see 19,000.

Either way it doesn’t matter to me. Even right. Is there’s some damn good bargains o it there on great companies if you’re like me and planning to go long term.

[Discuss Thrower]

Originally Posted by O.city

Makes no sense why it wouldn’t unless people just wanna sit on homes

Hence why I said real prices. Nominally, there'll be a drop but it's not going to be anything material to marginal buyers.

[BigBeauford]

AGNPF up about 50% today.

[Hammock Parties]

Where's my ADMP and VTIQ money?

[Discuss Thrower]

Originally Posted by O.city

Makes no sense why it wouldn’t unless people just wanna sit on homes

The housing market in New Jersey is about to get crushed.

Home sales in the state, second only to New York in coronavirus cases, may fall as much as 45% this year from 2019, while prices will drop as much as 12%, according to Jeffrey Otteau, president of Otteau Valuation, a real estate consultant in Matawan, New Jersey.

“People will be taking homes off the market and in spite of that, this will be a buyer’s market, with low inventory,” Otteau said. “It’s unusual.”

Getting a sale will require a deep discount, maybe 20% below what the seller was planning to list for, he said.


https://www.bloomberg.com/news/artic...m-feeder-feast

[Buehler445]

My nephew got his 1200 check today FWIW

[Discuss Thrower]

Originally Posted by Buehler445

My nephew got his 1200 check today FWIW

Pretty sure whatever check I get is going right back into paying taxes anyway.

[lewdog]

Originally Posted by Discuss Thrower

Pretty sure whatever check I get is going right back into paying taxes anyway.

Damn, you a high roller!!!

[Discuss Thrower]

Originally Posted by lewdog

Damn, you a high roller!!!

I ****ing wish.

[TomBarndtsTwin]

Originally Posted by Buehler445

My nephew got his 1200 check today FWIW

Check or direct deposit?

Thought it was gonna be a while before checks were mailed out?

[Hammock Parties]

DD are going out today.

[Buehler445]

Originally Posted by TomBarndtsTwin

Check or direct deposit?

Thought it was gonna be a while before checks were mailed out?

Direct Deposit. My bad. Old habits.

[Buehler445]

Originally Posted by Hammock Parties

DD are going out today.

Surely they can’t do them ALL today. Typically with tax refunds they’ll do them in lots even if you submit them the same day

[philfree]

Originally Posted by Discuss Thrower

The housing market in New Jersey is about to get crushed.

Home sales in the state, second only to New York in coronavirus cases, may fall as much as 45% this year from 2019, while prices will drop as much as 12%, according to Jeffrey Otteau, president of Otteau Valuation, a real estate consultant in Matawan, New Jersey.

“People will be taking homes off the market and in spite of that, this will be a buyer’s market, with low inventory,” Otteau said. “It’s unusual.”

Getting a sale will require a deep discount, maybe 20% below what the seller was planning to list for, he said.


https://www.bloomberg.com/news/artic...m-feeder-feast

I've been wanting to buy a condo on the Gulf Of Mexico but the prices went through the roof the last couple years. If I can get a 20 percent discount that would be a good thing out of a bad situation.

[Discuss Thrower]

Originally Posted by philfree

I've been wanting to buy a condo on the Gulf Of Mexico but the prices went through the roof the last couple years. If I can get a 20 percent discount that would be a good thing out of a bad situation.

Yeah, about that..