/biz/ - Business & Finance

>>54899157
ah fuck you're right, it's only 225 dollars
I'm too retarded for /biz/

>>30017051
Really taking a huge risk there anon. You know failure means being permanently barred from the market.

>>30017070
You're really going for broke in a months times lol.

>>30017119
Long term gamble with logic behind it doesn't sound bad.

>>30017132
Never heard of them so no idea.

>>30017133
Haven't they crabbed for months now?

>>30017145
>>30017306
>>30017425
Can't really blame that strat. Tfw I almost considered holding 200 shares of SOXL back in July.....was terrified as it'd be a large amount of my life savings and didn't stick with it. I'd have about 3x by now.

>>30017254
Idk anon I'd be more scared of that then SOXL or airliners.

>>29933039
>condo
Don't do that.
If you're trying to get out of working for a living then you'll want to avoid recurring fees like the plague. Get a small thoroughly inspected house instead. People will try to scare you off with the looming specter of maintenance costs but the reality is unless you're an idiot who falls for that "your roof could be damaged; let us do a free evaluation" scam marketing flyer roofers leave in your mailbox after every hailstorm you're only going to deal with an expense or two like fixing a roof or getting a new furnace once every 20 to 30 years or so, plus a lot of it is something you get paid by your home insurance company for anyway, or if you rent out part of your house you could even do tax write-offs for some of that as business expenses.
Only time I would recommend a condo is if you're on your 60s or older and just don't want to deal with lifting a finger for anything between then and when you die. But I'm a really lazy guy in less than perfect health (fucked up intestines from ulcerative colitis) and even I have no problem taking care of my typical suburban single family property.

>>27586814
>tfw OP accidentally mistook renting for taking out a mortgage and is realizing for the first time now after having already spent 20 years with 0 equity gained.

>>26438507
>Housing crash soon?
No. This is what young people in their 20s and 30s who never bought a house wish was happening (hence why these threads are reposted every single day).
>When the eviction/foreclosure moratorium expires there's going to be a fire sale on real estate.
Apartment complexes aren't houses. To the extent there even are many people who are in danger of eviction than in the past (and there aren't many; number's not much higher than it's already gotten during non-virus years) these are evictions, not foreclosures, and you wouldn't get a house out of it unless you plan to buy an apartment complex.
The people who got laid off were almost entirely service industry meaning they were never going to buy a house to begin with. It's not a good time to be a landlord but that only makes single family houses even more valuable as those renters with money have begun trying to flee apartments and buy homes of their own.
Compare 2007 to 2020 and the key indicators for a crash are all there for the former while far away from there for the latter. Most obvious indicator to watch is interest rate. If interest rates are raised then you start to have the ingredients for a crash.

>>26399050
delet this

>>26153510
Real estate is unironically the safest investment that will still get you actual returns (e.g. bonds are safer but inflation rate is more than what bonds earn you now so they're ruled out) at this point in time.
Adjust for inflation and mortgage rates and then look at 2007 / 2008 compared to where we are now. Next housing market dip will be a long ways away from now and will probably happen after the Fed raises interest rates which they committed to not doing until at least a few years from today.
The "everyone's getting evicted from apartments" meme is mostly the media taking swipes at Trump, and even if it were true these apartment renters wouldn't ever be buying their own house to begin with so they're not going to negatively impact the markert for regular single family houses. If anything this just means less business for apartment complexes charging a premium for being the first option normie renters see on the internet and more business for those renting out spare rooms in their house who can offer lower rent than traditional apartment complexes would.

>>26101620
>>26103482
>>26104404
>Travel ban getting removed while Americans aren't allowed to keep their jobs because COVID's too dangerous
>25% of all US dollars ever created were hyperprinted during a few months last year alone
>Millions of small businesses were destroyed and their customer base assimilated by Amazon and Walmart
>$15 / hour minimum wage getting passed which will make sure no one starts a small business again in the future
This is all just an elaborate prank, right bros?

>>26044698
Is your dad actually gen x and not a baby boomer?
Boomers had real pension plans, not the faggoty 401K shit that businesses gradually used to avoid doing pension plans.

>>26001366
>tfw have been holding a good engineering job for 10 years purely out of luck and will absolutely never pass a real interview if I get fired in the future
Literally just gonna blow my brains out with my shotgun if I ever lose my job to be honest.

>>25912038
>How can a programmer not correctly store his passwords?
Being a programmer doesn't mean you're a genius. I'm a programmer and I'm moderately retarded desu.

>>25883475
>By the end of this year you won't need a fucking mortgage fren
Because he'll be in section 8 housing by then.