That seems like the most sensible thing to do. Like Rain Man pointed out, it wouldn't make sense to take the tax hit just have the opportunity for all the headaches a rental property would bring. [Reply]
That seems like the most sensible thing to do. Like Rain Man pointed out, it wouldn't make sense to take the tax hit just have the opportunity for all the headaches a rental property would bring.
Definitely agree. If you don't need the income, a rental property doesn't make sense. [Reply]
Originally Posted by Rain Man:
If it's for your own business, that might be great. But in the long run, I think commercial real estate is going to be a declining market. Retail sales places are in a slow race toward bankruptcy as shopping continues to move online, and I think even service businesses are downsizing due to things like telecommuting and offshoring. I don't see much indication that commercial real estate demand is going to go up in the long term.
Not in major markets. Commercial real estate is moving towards open centers with lots of upscale food restaurants as tenants.
The DC market place including Northern VA and Maryland are all on fire. Occupancy in class A and B+ properties are mostly 90-95%. It's crazy.
Look at all the REITS like DDR, Federal Realty, KImco, Regency Centers, Brixmor, all have great returns from high occupancy.
Vornado out of New York just merged with JBG, a local DC powerhouse in commercial real estate. [Reply]
Looks like another opportunity to buy U.S. Steel (X)is developing . Currently at $22. The Trump relations with China has driven it back down. I think this could make 100% profits in the next 12 months. I have all my stock funds tied up right now but may have to sell some off to jump in on X [Reply]
Originally Posted by Hog Farmer:
Looks like another opportunity to buy U.S. Steel (X)is developing . Currently at $22. The Trump relations with China has driven it back down. I think this could make 100% profits in the next 12 months. I have all my stock funds tied up right now but may have to sell some off to jump in on X
I'll probably bite... I just sold $11k off of a MF (FBIOX) that wasn't really performing as well as it has in the past.
Looking to diversify those funds and thinking of 3 MF's and and maybe X with the leftovers. [Reply]
Originally Posted by Hog Farmer:
Looks like another opportunity to buy U.S. Steel (X)is developing . Currently at $22. The Trump relations with China has driven it back down. I think this could make 100% profits in the next 12 months. I have all my stock funds tied up right now but may have to sell some off to jump in on X
I was looking at this recently too. It's virtually been cut in half from it's high this year. Wondering if it might go lower before I buy though? [Reply]
Originally Posted by lewdog:
I was looking at this recently too. It's virtually been cut in half from it's high this year. Wondering if it might go lower before I buy though?
I went ahead and got in for $1000 at $22.36 [Reply]
Originally Posted by Jewish Rabbi:
Ethereum up almost 50% in the last two days.
Over 50% now. Love that you're aware of this.
LTC is about to get added to Coinbase (I think the only hold-up is to make sure the SegWit activation goes smoothly next week) and will cause it to pop even harder than it already has. [Reply]
Originally Posted by wutamess:
Fidelity would not let me buy into BITCF.
Access through a traditional invest platform costs a huge premium above NAV (Net Asset Value) anyway. Coinbase is a great place for noobs to start. [Reply]