Stock Market (14 Viewers)
- Thread starter AFL_ITALIA
- Start date
Expecting a full scale crash by Q4: Bonds, stocks, crypto, real estate. Money velocity is gonna increase, then inflation will actually hit, prices of goods will rise and risk assets we be sold off since wages won't rise to compensate. Raw materials are already up like 50% this year, guess what's gonna inflate next, exactly it's gonna be goods made of those materials. They will pump risk assets to a blow off top over the next couple of months and then it's rope season.
ES! better start bouncing otherwise it's a long way down to 4060.
The housing market is particularly insane. Two people I know recently put their houses up for sale, one of which originally bought for 300,000 and sold for 500,000 and is moving to Hawaii. Both people sold their houses within hours of them being on the market. There's literally shacks in the area that have like 2 bedrooms and 1 bath and probably haven't been updated at all going for 200k. This is seemingly the same for anywhere in VA, MD, WV, or DE.
I just don't see how this is sustainable. There's no way in hell an average person can afford to buy 500k homes unless everyone has massive inheritances from family members dying from Covid.
You could be right. Just look at lumber futures. They basically went parabolic and are finally selling off now. It's ridiculously expensive to build new houses and has been that way for a while, so I wonder if that's part of the reason for the existing real estate sales being so crazy.
The housing market is particularly insane. Two people I know recently put their houses up for sale, one of which originally bought for 300,000 and sold for 500,000 and is moving to Hawaii. Both people sold their houses within hours of them being on the market. There's literally shacks in the area that have like 2 bedrooms and 1 bath and probably haven't been updated at all going for 200k. This is seemingly the same for anywhere in VA, MD, WV, or DE.
I just don't see how this is sustainable. There's no way in hell an average person can afford to buy 500k homes unless everyone has massive inheritances from family members dying from Covid.
You could be right. Just look at lumber futures. They basically went parabolic and are finally selling off now. It's ridiculously expensive to build new houses and has been that way for a while, so I wonder if that's part of the reason for the existing real estate sales being so crazy.
ES! better start bouncing otherwise it's a long way down to 4060.
The housing market is particularly insane. Two people I know recently put their houses up for sale, one of which originally bought for 300,000 and sold for 500,000 and is moving to Hawaii. Both people sold their houses within hours of them being on the market. There's literally shacks in the area that have like 2 bedrooms and 1 bath and probably haven't been updated at all going for 200k. This is seemingly the same for anywhere in VA, MD, WV, or DE.
I just don't see how this is sustainable. There's no way in hell an average person can afford to buy 500k homes unless everyone has massive inheritances from family members dying from Covid.
You could be right. Just look at lumber futures. They basically went parabolic and are finally selling off now. It's ridiculously expensive to build new houses and has been that way for a while, so I wonder if that's part of the reason for the existing real estate sales being so crazy.
The housing market is particularly insane. Two people I know recently put their houses up for sale, one of which originally bought for 300,000 and sold for 500,000 and is moving to Hawaii. Both people sold their houses within hours of them being on the market. There's literally shacks in the area that have like 2 bedrooms and 1 bath and probably haven't been updated at all going for 200k. This is seemingly the same for anywhere in VA, MD, WV, or DE.
I just don't see how this is sustainable. There's no way in hell an average person can afford to buy 500k homes unless everyone has massive inheritances from family members dying from Covid.
You could be right. Just look at lumber futures. They basically went parabolic and are finally selling off now. It's ridiculously expensive to build new houses and has been that way for a while, so I wonder if that's part of the reason for the existing real estate sales being so crazy.
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Also, I think the main reason housing prices is so retarded is because people aren’t moving due to the pandemic and supply is super low while demand is picking up
Living space costs 9k€/m² here (excluding land) and if you move out of the city it's 6k€/m² in a village. My boss just paid 600k€ for a modest house that is so far away from infrastructure that it's basically a cabin in the woods. 7 figures for the cheapest house in the city.
Fuck them. Not buying boomer bags. I am patient. At some point the boomers die and their kids are gonna need money for OF subscriptions.
Fuck them. Not buying boomer bags. I am patient. At some point the boomers die and their kids are gonna need money for OF subscriptions.
OP
https://www.tipranks.com/stocks/ssss/dividends
If I buy 2,000 shares of SSSS, collect the $2.50 dividend per share on 5/17 and immediately turn around and sell the shares I walk away with $5,000 no problem right?
If I buy 2,000 shares of SSSS, collect the $2.50 dividend per share on 5/17 and immediately turn around and sell the shares I walk away with $5,000 no problem right?
OP
That's the ex-dividend date, you'd need to own before then in order to get paid the dividend, which is June 30th.
You could do that, but I think that usually you'd see a decrease in the share price equal to the dividend amount once it's paid out, so I'm not sure that it would make sense unless the share price has been increasing on its own anyway. But I could be wrong.
@Bjerknes @lgorTudor might be able to confirm
You could do that, but I think that usually you'd see a decrease in the share price equal to the dividend amount once it's paid out, so I'm not sure that it would make sense unless the share price has been increasing on its own anyway. But I could be wrong.
@Bjerknes @lgorTudor might be able to confirm
OP
Thanks. I don't have diverse investing experience just here to fight the inflation
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What do you guys think about precious metals right now? In anticipation of inflation panic?
Things like PSLV, Vale, DNCVF, ELRRF, SIL, SILV?
I've already bought a good amount of PSLV but the others seem more volatile
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What do you guys think about precious metals right now? In anticipation of inflation panic?
Things like PSLV, Vale, DNCVF, ELRRF, SIL, SILV?
I've already bought a good amount of PSLV but the others seem more volatile
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