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Discussion Starter #641
Man this new format is wonky. How do we edit a post? I was going to add that if this takeover movement expands, I would buy gun and ammunition maker stocks. They will soar. If they don't stop this takeover in Seattle,it will spread across the country. Is this the beginning of a socialist coop to takeover the government. Imagine if you owned a store or lived in those six blocks. Crazy stuff that they are actually allowing it. This is very reminiscent of many revolutionary takeovers. They start small then grow out of control. The time to stop is now. Unbelievable
 

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Discussion Starter #642
I meant coup.
 

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I am doing a transaction about two blocks away from there, ‘Lee. I was there two days ago on the site inspection and passed by the parts of the city that were closed down and I saw they had barricades up. I did not know about them supposedly shutting down the city streets when I was there (wife told me later) and it looked to me like it was the city just simply shutting down the street so that they can clean up graffiti and the like from the riots. I can tell you this photo was taken a block away and it makes me sad.

that said, a lot of people make a lot of money during a volatile times. Be smart but feel free to prosper.
 

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When BA was at around $230 I thought I’m up $100/share I should take some profits but got greedy and wanted more.
 

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Second round of corona is coming back and fall/flu season isn’t even here. I was starting to feel a little hopeful that everything came back to normal.

anyone else notice how car dealers were jacking up the price of cars ?
 

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Our dealership hasn’t raised their pricing, but sure not willing to go any lower. It’s just business as usual here.
 

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When BA was at around $230 I thought I’m up $100/share I should take some profits but got greedy and wanted more.
Lol I did well with BA. I currently am ass backwards in a biotech for $100k waiting for it to get positive PR and make me money. Down like $34k on it this past week ( but who’s counting 🤪🤪). It’s a solid company, though, and I think if I wait a few more weeks I’ll make money on it. Just stuck waiting for PR.
 

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The video was very interesting, lots of information. Seems too soon if it’s ever happens, but I don’t see a big downturn in prices anytime soon. If you’re waiting for it, good luck.
 

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The video was very interesting, lots of information. Seems too soon if it’s ever happens, but I don’t see a big downturn in prices anytime soon. If you’re waiting for it, good luck.

That guy has a very cool channel. Check out some of his other vids. GREAT way to look at the market.
 

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anyone else notice how car dealers were jacking up the price of cars ?
Prices have slightly dipped here on models that have been hanging around from 2019 in the lots. Not much. And not sure explained by any markets. Perhaps just becoming another model year older?

Sent from my SM-G960W using Tapatalk
 

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I am sure you can find some cars on dealers lots that they will discount. My problem with that is I can never find one with exactly what I want and if I am going to buy new it has to be perfect.
 

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Discussion Starter #654
But Russ , you swap cars like some people swap clothes. After taking such a bath during the crash , it is really hard for me to justify an expenditure on a car that I know will take a large depreciation hit. Every time I spend a large amount of money, I go on a guilt trip. If it is a great buy then I can justify it in my own mind. I am my own worst enemy. The funny thing is that I probably spend 20 or 30 k a year playing with mine on mods etc. That is about the same as new car depreciation.
 

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It’s all about perspective. For some people, I’m sure buying a Lambo (or 5) is like the rest of us buying a TV, iPhone, or laptop.

God bless ‘em.
 

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Lee, I understand completely. I used to feel the same way, lots of guilt but after you do it often enough you get immune, lol. Of course I do still have to deal with the wife, and believe me that can be challenging.
 

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At present, it seems like exactly the opposite of what we were all hoping for has occurred.

Feels to me like the majority more affordable & clean cars have all been bought up, and there is something of a nationwide shortage.

Lambo NB has almost nothing on their pre-owned lot, and everything I had causally looked at is gone, and shipped out to various other states.
 

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At present, it seems like exactly the opposite of what we were all hoping for has occurred.

Feels to me like the majority more affordable & clean cars have all been bought up, and there is something of a nationwide shortage.

Lambo NB has almost nothing on their pre-owned lot, and everything I had causally looked at is gone, and shipped out to various other states.
That is interesting. I can't quite figure out the logic. It is not like they were giving them away, prices were solid.
 

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Discussion Starter #660
I don't know if I will ever get immune. It is funny how I can spend 10 or 20 k on something and not really think about it but anything 6 or 7 figures gives me a guilt trip. Even when I spend several million on a development that will make me twice that , I still have buyers remorse until it starts making a lot of money. Probably comes from going broke once and suffering through the crash. Every time I build a new building, I am remorseful till I put a renter in it and it starts making money . I think I have decided on a Murcie. I like them a lot, lots of upside and probably very little depreciation left if any. How much depreciation hit do you average yearly trading every few years? I have thought about having a newer one to drive and an old one or two to work on.
 
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