Dow?

NEW -> Contingent Buyer Assistance Program
jmoney74 said:
irvinehomeowner said:
Oh going back to this, you know who a big winner was?

BBY

I think most of us didn't think they would even be around anymore.

that's a nice 5 year chart.  I still don't get how they are in business today.

I know... and TGT went nowhere... bizarro.
 
irvinehomeowner said:
Oh going back to this, you know who a big winner was?

BBY

I think most of us didn't think they would even be around anymore.

I know, right?  I had always assumed Amazon would put them under, but recently I find myself shopping there for some things.  We bought a fridge earlier this year at Best Buy and it was a very good experience.  They do an online price search when you are checking out to make sure you are paying the lowest price on the item.  They will match the prices of competitors.  I also came close to buying a GoPro at Best Buy a couple months back, but ended up ordering a Sony Cam online instead (a GoPro knockoff, but better).  Still, I was impressed by how knowledgeable the sales guys have been both times I visited.  Also, I read they were buying back old laptops recently for $75 if you bought a Samsung notebook.  There are 3 laptops around my house I was thinking of taking in, but I didn't get around to it.
 
I'm glad BB is still around. I go there a few times a month to look at tech... occasionally buy BDs or accessories and also look at appliances.

Stuff that I may return I usually buy at BB so I have that safety net as Costco doesn't carry as wide a variety of electronics.

I guess being the only brick & mortar helps... that's probably why Barnes and Noble is still around.
 
irvinehomeowner said:
I guess being the only brick & mortar helps... that's probably why Barnes and Noble is still around.

That makes sense except when I go to B&N their prices are still shockingly high.  It becomes really apparent when you browse their movies.  A lot of times, I'll buy something at the Starbucks inside but not any merchandise.
 
Let's do some simple math...Standard pullback from a high (not a bear market) is around 10%.  22,100  x .1 = 2210 Dow points of roughly 19,900.  Even a decent 5% pullback would still take us to around 21,000 even.  500 here and 500 there means nothing.  The media is breathlessly trying to blaming small moves on Trump...whatever.
 
morekaos said:
Let's do some simple math...Standard pullback from a high (not a bear market) is around 10%.  22,100  x .1 = 2210 Dow points of roughly 19,900.  Even a decent 5% pullback would still take us to around 21,000 even.  500 here and 500 there means nothing.  The media is breathlessly trying blaming small moves on Trump...whatever.

I don't blame him for this.. but I blame him in that the market could be that much higher if he just focused on the economy.  People are confident when he is working on tax policies, etc.  This mess just holds us back.
 
I agree, in this emotionally charged environment a normal market move is magnified and fingers point in order to make a political statement.  Unfortunate twisting of reality.
 
aquabliss said:
USCTrojanCPA said:
morekaos said:
morekaos said:
23,500 boyyyyyyy!

Within striking distance.

Yup, I've been making a killing trading the vix this year for my friend and myself.  Might pick up the new GT3.  :D

Keep the cars you have and get Alta Vista single story with view...

I'd have to sell every one of my cars except for my Prius to even remotely think about the single story Alta Vista.  No point of having a 4-car garage with one beater car.  haha
 
irvinehomeowner said:
Don't be house rich and car poor.

Although the original usage is "house poor".

Haha  My cars are a lot more liquid than any home with almost no selling cost so I don't mind keeping a few cool cars around.  I don't think I need anything bigger than I have right now until it's time to settle down for good, although I could really use a 4-car garage home. :P
 
morekaos said:
morekaos said:
morekaos said:
23,500 boyyyyyyy!

Within striking distance.

Perhaps me and Martin were too pessimistic in our predictions. ;)

Yeah, if I really went for it I could have made about double what I made but I always like playing with room for error since I'm trading risky stuff.  I don't mind taking losses by stopping myself out as long as I live to trade another day.  :)
 
Setting aside values and market directions - curious how many home purchases have been made within the TI community where a portion of funds to close came from stock sales.

Are most home buyers keeping $$$ in the markets seeking gains, while using other resources (gifts, family funds) for the down payments on their homes?

So far this year I've had only one buyer liquidate their stock holdings to buy property. There are plenty of FCB's and lots of overseas cash coming in for buyers down payments when financing, but not sure if stock sales is widely done as a source of purchase money at these elevated prices.

Curious so I thought to throw it out there.

My .02c

SGIP
 
Soylent Green Is People said:
Setting aside values and market directions - curious how many home purchases have been made within the TI community where a portion of funds to close came from stock sales.

Are most home buyers keeping $$$ in the markets seeking gains, while using other resources (gifts, family funds) for the down payments on their homes?

So far this year I've had only one buyer liquidate their stock holdings to buy property. There are plenty of FCB's and lots of overseas cash coming in for buyers down payments when financing, but not sure if stock sales is widely done as a source of purchase money at these elevated prices.

Curious so I thought to throw it out there.

My .02c

SGIP

I liquidated all of my non-retirement stocks/mutual funds to buy my home years ago. I have IRA accounts that I can actively trade and still don't have any non-retirement money in the stock market :(
 
Eyephone - Agreed.

We've had a product that allows a higher net worth customer to borrow against a percentage of the stocks that are actively managed by us. The loan proceeds can be used as down payment on a purchase, leveraging assets instead of liquidating. It's niche-y but fits some investors needs.

Not sure if there's a big pool or not of home buyers considering something like this. As mentioned, only 1 buyer this year who liquidated stock to purchase their home.

My .02c

SGIP
 
Back
Top