Do you have long term goals ??
- Thread starter dgold44
- Start date
C
Chadalina
Guest
You complain alot while having money. Take a drive on the strip, look at the people who would love to go home with you. Home is something some dont have
Everyone has something in life they lack, yours isnt so bad, how it balances. We are similar btw
There are so many bad things in life, when you see them in reality, you gotta realize your perception is spoiled.
tennishabit
Legend
lololololol, man..............dat's m-f only, how abt wknd:?))) thriving:?))) anyway seems everything can be reflected on tennis court. like..............surviving then thriving---reduce unforced error then looking for winner etcetcetc
..............lololololol, man..............dat's m-f only, how abt wknd:?))) thriving:?))) anyway seems everything can be reflected on tennis court. like..............surviving then thriving---reduce unforced error then looking for winner etcetcetc
Sat it’s drugs
Sunday I have a 2 hour lesson that is 30 mile drive
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Chadalina
Guest
A dedicated student would jog there.
tennishabit
Legend
he won't be able to carry all the drugs loaded on sat if jog there on sun n surely need a car, man
..............tennishabit
Legend
About 45,000
Most the following
Rent - 1,700 for 2 bedroom
Food - 1,000 a month
Sports 400 a month
Health ins - 300 a Month
Misc 500- 1,000 a month
boyohboy drugs not cheap, man............just wonder they'r budgeted in 'food' or 'misc':?)))
r2473
G.O.A.T.
D
Deleted member 766172
Guest
My goal is financial freedom. I currently make $200 a week, but I got a nice cryptocurrency portfolio so I like my chances....
Zara
G.O.A.T.
My long term goals involve marrying a tall Jewish guy and raise a family with two kids. Our kids will start a new UPS store called, DZS. We will also allow them to post on forums in a random fashion and if they don’t oblige, we’ll send them to a fifth world country where they will learn valuable lessons about life.
Rubens
Hall of Fame
movdqa
Talk Tennis Guru
There are two ways to look at that ....
movdqa
Talk Tennis Guru
China's not buying our finished pork products.
movdqa
Talk Tennis Guru
Financial freedom is an elusive goal. You never feel like you have enough.
Crocodile
G.O.A.T.
Hopefully you can create enough passive income or wealth that you can live life how you want to.
movdqa
Talk Tennis Guru
This is getting more difficult in the age of financial repression.
What do you do when 1/3rd of sovereign bonds are paying negative yields?
I think that portfolios will have to be actively managed from here on into the future.
Crocodile
G.O.A.T.
I'm not a fan of investments I can't see or control ( ie shares ) I do prefer property because of the various ways you can generate income and the control you have. However as you said the older one gets the harder it is to get things to work for you but not impossible. Any young people on this forum, please do yourself a favour and look into this now.
movdqa
Talk Tennis Guru
Property is a great investment right now; or it could be the worst investment - depending on where and when you buy and sell. The US has been underbuilding since at least the 1970s. But builders want to build at the high-end and a lot of wealthy people have been trying to sell fearing a recession or mass redistribution. So there's a lot of demand for housing outside of the high-end. So the home builders have been somewhat forced to go below the high-end. And there are lots of builders in multi-family though these aren't necessarily the big companies. And, of course, there's the huge rental market.
ITB is the iShares US Home Construction ETF. It is up 52% this year.
VNQ is the Vanguard Real Estate ETF - basically a REIT (Real Estate Investment Trust) Exchange Traded Fund. They generate revenue from renting things out (shopping malls, apartments, cell towers, data centers, etc.). They are up 29% this year.
There are apartment REITs, Single-Family Home REITs, and others too and retirees often own these things for income.
Doing your own properties also carries risk.
One of our security guards used to be wealthy. He levered up on a construction project just before the real estate crash and he got wiped out. I suspect that the structure of the deal was a problem - he was assuming the risk for building something as opposed to building something where someone else took the risk.
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Deleted member 766172
Guest
Do they fear cryptocurrencies?
movdqa
Talk Tennis Guru
No.
D
Deleted member 766172
Guest
But I put all my money in cryptos
Crocodile
G.O.A.T.
The way I safeguard myself against property crashes are:
1. I buy in stable markets rather than boom/bust markets.
2. I buy at the start of an upswing phase in the property cycle,
3. I buy properties that do not require a very large input from my own resources. This I think is very important. Too many people gear themselves to highly and get caught in a downturn or rising vacancies. I look for places that are vibrant and have multiple drivers.
4. I buy properties in family type areas or places undergoing urban renewal and have reasonable proximity to work, beach or city. I stay away from green fields and Lego land areas and look for scarcity.
5. I look for places with land content that allows improvement with either a renovation or additions.
While these things take time and research it can be done. I also try to avoid following the crowd or places that guru's recommend as once this happens its probably to late. I try to stay realistic, if I can't afford blue chip cities and suburbs I don't buy there.
Hope this may inspire people to look into this,
tennishabit
Legend
Rubens
Hall of Fame
lolololololol.............wat's dat, man:?))) 2 broken hearts:?)))
Sort of. She completes him.
Poisoned Slice
Bionic Poster
Perfecting the gravy for Sunday dinner is top priority right now.
Rafa.the.Magnificent
G.O.A.T.
I want our house to be paid off by the time my husband retires.
tennishabit
Legend
lolololololol mam, a house now being paid by a tired hus n paid off by a retired hus:?))) how tired the poor hus'd be by then:?))) no wonder the worldwide male's life expectancy's ~5 yrs shorter
..............
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Monday is our busiest day and I have to work alone but tues brings in most money
Rafa.the.Magnificent
G.O.A.T.
Hey, I worked right along with him until just a few years ago and I’m no slave-driving, money-hungry wife! Don’t want him tired out, either!lolololololol mam, a house now being paid by a tired hus n paid off by a retired hus:?))) how tired the poor hus'd be by then:?))) no wonder the worldwide male's life expectancy's ~5 yrs shorter
(Sorry, got defensive).
tennishabit
Legend
lololololol just joking, mam...............n don't let ur hus see our posts
............but it's true dat our guys live ~5 yrs or even more less.............irrelevant to racial/religion/social/political/etcetc differences. not fair, mam. gender equality! me2me2!
.....................
MichaelNadal
Bionic Poster
To better distinguish the voice of God from everything else, and to be who he wants me to be.
Actually I should simplify it. It is not good even to have money if you are in pain. The goal in life should be to die suddenly without becoming a burden on yourself or anybody else. Up till that time, money should be available.
movdqa
Talk Tennis Guru
Yeah. I hate the idea of becoming a burden but that's because my parents do require effort to help out. That's us, the sandwich generation. We don't want to impose the same thing on our kids.
Poisoned Slice
Bionic Poster
Gravy is bad tonight. Onions inconsistent. 3/10
On to the next goal.
On to the next goal.
