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buyandhold???

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  • Yahoo Is Still A Fantastic Value For Investors [View article]
    lol buyandhold2012 you've been saying yahoo was a bad buy since march when it was $32, meanwhile my 2016 calls are up 75% lol you are the worst poster on this site hands down and i love trolling you. You are literally the only guy on earth who uses yahoo finance to estimate PE lol, like PE even matters anymore....Ali baba 18% stake isn't factored into yahoo PE, and if it were Yahoo forward PE would be like 5 haha youre just ignorant dude

    moreover i dont know why you've made so many comments on yahoo when you're not even invested, actually why do you even comment on this site bc for 2 years you've said all stocks are overpriced and you've missed 3k to the upside on the dow and countless other stocks, you've been wrong for two years yet ignorantly you keep reading,researching, and not investing lol old man its just sad, you need to find other old retired people to play chess with bc your stock speculation hobby is fun, but you're one of the worst speculators ive ever encountered, being wrong 100% of the time isn't even funny anymore, its just sad
    Aug 19 03:36 PM | Likes Like |Link to Comment
  • Yahoo Is Still A Fantastic Value For Investors [View article]
    it is very undervalued stock and today it just broke out of a 5th month flag to the upside, so its a screaming buy today more than ever from a technical perspective along with a cheap fundamental valuation
    Aug 18 03:07 PM | 4 Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    of course stocks are a better investment!!!! That isn't the issue, the issue is most people can only invest in 1 thing and thats real estate!!!! You cannot live in your stocks and bonds and the average american has no clue how to make money stocks, they know how to get a mortgage and pay it off though. God I cannot believe you are still arguing this nonsense. Of course stocks are better, please wake me up when stocks allow me to live inside them and please let me know when real estate fluctuates violently bc it beats or misses an earnings report.

    Thanks
    Aug 17 02:09 AM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    Ok well newer buildings in Miami have windows that will never break, the inspector even said so during the purchase, actually he said they were the best windows he has seen. Anyways, thank you for your insight on what the HOA does, I know what it costs and my rental unit is leased out for well over maintenance + taxes and Im up around 100% on paper gains

    I guarantee there will be no special assessment bc the condo sends the owners financials every month and we have well over $2M in reserves, a portion of all the units maintenance fees goes to that every month. The HOA is like an endowment for a school, if its a well run HOA, the building has ample reserves.
    Aug 13 12:39 AM | 1 Like Like |Link to Comment
  • Yahoo Could Be About To Waste Billions Of Your Dollars [View article]
    great yahoo makes another crummy purchase today.....zofari....i downloaded it in miami and nothing even shows up, guess they're not even in miami.....anyways another waste of probably a few hundred million....im getting fed up with mayer
    Aug 12 01:43 PM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    You're right, we're in different positions, im a trader, i have plenty of money in the market so for me real estate is a very conservative bet on my end. You act like the average american understands the market or trusts it. How is a mechanic supposed to go about putting his nest egg in stocks for retirement? The average american is probably paycheck to paycheck and could worry less about retirement because they're blue collar workers. The white collar workers that lose their jobs are usually capable of finding another job via networking fairly easily but for blue collar americans, the dream is buy a home, pay off the mortgage and use your social security to pay your property taxes,maintenance, and living expenses till you die......and for those people its a home that is the dream investment.

    Sure give me $1,000,000 and ill sell puts aggressively all day long on undervalued equities then sell calls against the positions aggressively on a weekly basis if im put shares and generate 30-40% annually all day.....but am I the average american? No, so like I said equities are better....but a home is safer....honestly most americans don't trust the market, the SA crowd is not the average american, these are educated people, we can't say whats best for us is best for the average american because its not.

    I bet 95% of SA readers have college degrees, have no problem finding jobs, and have a healthy nest egg......let me introduce you to the 200+ workers that work at my family's chain of convenience stores....they all earn well under $2k/month, actually $10/hr x 40 hr weeks is 160 hours which is $1,600/month...and they probably couldn't tell you the difference between a coke can and coke stock.....those people are the bulk of america,low wage blue collar workers and they buy homes to build equity, to build their retirement and more than likely they have ZERO understanding of the stock market.....when they lose jobs, their unemployment check pays for their home until they find another job, but minimum wage jobs are easy to come by and those jobs can sustain $60-80k homes when a husband and wife work together
    Aug 12 12:04 PM | 1 Like Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    you're ignorant beyond belief there is a huge difference between SAFEST and BEST. Best is what makes the most money, safest is the one you sleep well at night knowing you hold.

    I don't sweat for one second about owning condos in miami knowing you can't get financing here without 50% down and that the turmoil in russia and south america along with higher taxes and bad weather in the northeast is driving people here in packs everyday. The stocks I hold, who knows when world war 3 starts and they plummet, who knows when we get that massive correction so although the potential return is significantly higher in stocks.....condos are a much safer investment.....and with all that said the main take from all this is YOU CANT LIVE IN YOUR BLUE CHIP STOCKS THEREFORE A HOME IS A BETTER INVESTMENT
    Aug 12 10:16 AM | Likes Like |Link to Comment
  • Yahoo Could Be About To Waste Billions Of Your Dollars [View article]
    It's like everyone on twitter shorting KMI yesterday after the big merger.....there are always going to be contrarians trying to be the smartest guy in the room.....they're usually wrong
    Aug 12 06:53 AM | 1 Like Like |Link to Comment
  • Yahoo Could Be About To Waste Billions Of Your Dollars [View article]
    Lol at crazy4tennis if you trained at dean witter and yet you make impactful investment decisions based on a writer on SA whose forte is oil and gas and can't even add up a sum of the parts valuation. This guy is about as qualified to write and my 11 year old nephew. He writes for seeking alpha so he tries to stir the pot to get more pageviews and thus more pennies.....I promise you this guy is very wrong....I hope you sell your entire stake tomorrow though on his advice
    Aug 11 04:51 PM | 7 Likes Like |Link to Comment
  • Yahoo Could Be About To Waste Billions Of Your Dollars [View article]
    just FYI in case this is your first foray into stocks, the 18% retained BABA stake will add to yahoo top and bottom line for years to come.....or until they're acquired....so for the umpteenth time yahoo core is irrelevant at this point and anything they do is a bonus from here on out.

    At this point all that matters is the 18% retained stake rising in value with BABA, at $200B that is equal to todays cap on its own
    Aug 11 04:45 PM | 9 Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    Im a trader of course I think equities are a better investment than a home, I think 5-10% a year home increases are a joke when compared to what i do in the market but last I checked I cannot live inside a basket of blue chip stocks......

    Diversification is key, I have over 80% of my net worth in stocks/bonds but having a small chunk of real estate never hurt anyone.
    Aug 11 09:19 AM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    hurricane blew up NYC in 2012 if you remember.....actually one hasn't hit here in years, but regardless most new buildings are built to withstand category 5 hurricanes with ease. Actually I have a 7 figure condo and my insurance is only $1,600/year total, the building covers your insurance.....so again thats meaningless if a hurricane comes I would just drive 3 hours to orlando and enjoy a weekend at disney or buy a plane ticket anywhere else on earth
    Aug 11 09:16 AM | 2 Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    Miami is the only place in the US, major market wise where you have fantastic weather in october-march where its freezing cold in chicago and NYC and the rest of the country based on last winter. Global Warming is a reality and last winter was brutal. New Yorkers are flocking here in droves and snatching up condos left and right. We just got our first direct flight to doha,qatar last month and now the richest country on earth per capita has a daily flight here and I see more and more arabs....ya know the people who drove up real estate in nyc,london,paris.....they never came here before but do now. Also by 2016 we will have a direct flight to china and the chinese will be buying here.

    NYC is a great place, I worked there, 56.5% taxes aren't appealing to anyone I don't care who you are. This isn't 1978 you dont have to be in nyc to be a finance bigwig. If given the choice, most would rather be in miami and its showing, all my former trader buddies have a place here now and they spend the whole winter down here. They go back to nyc and chicago in the summer but miami is now home.....add in the rich russians and south americans and you have a recipe for a real estate monster in a decade

    and salaries are low in general for miami the city but miami beach is the playground where the rich from all over the world are buying everything.....that has nothing to do with miami which is a pretty bad city....miami beach is a bubble off on its own, a beacon of safety with pricey homes
    Aug 11 08:09 AM | 1 Like Like |Link to Comment
  • Why Buying A House Is A Terrific Investment [View instapost]
    Exactly. Look I hate real estate, Im a former trader and I know I can make huge gains annually selling puts and calls, but I still have 3 homes because well I can't rent forever. I would never touch real estate in the suburbs as those aren't "good investments" but I own a place in NYC,Miami, and another condo here in Miami. It's like stocks, you buy prime real estate, you'll always have a good return, you buy mediocre real estate, you get mediocre returns. I'm up 200% on the condo i bought in miami in 2009, can't complain. What is a 4.5% mortgage going to look like in 30 years? Dirt cheap.

    I personally got a 2.75% 7/1 ARM on my recent purchase and I'm laughing all the way to the bank, I can make that almost monthly trading, these rates are a gift
    Aug 10 06:58 PM | 1 Like Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    NYC is a bad buy now, all the wealthy and powerful finance people who really make the money are buying up florida to get lower taxes. Miami is going to be the new wall street is 20 years. Year round perfect weather,unreal nightlife that doesnt end, and yep the lowest taxes in the country......or people can stay in NYC and pay insane taxes,wealth taxes on top,deal with winters of snow and cold, and a liberal stronghold.

    Miami has all the shopping,nightlife and more and as a former trader im here and i know about 10-15 of my close friends who were also traders who bought/leased places here to change residency. This isn't 1980, all the trading today is done via internet, no point being in nyc anymore. I think Miami knows this is coming too as there are over 18,000 new units coming to brickell(downtown miami) as we speak.
    Aug 10 06:51 PM | 1 Like Like |Link to Comment
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