https://x.com/WallStreetMav/status/1940772522448114070?t=K7QiWYLW_4MJiE7iPd46Vw&s=19
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Yeah I think over the past 100 years , the average 30 year mortgage rate is 6%âŚso this is ânormalâ.
Fed fucked up so bad the past 15 years with the 2008 Crash and COVID keeping rates too low for too long and everyone âthinksâ 3% interest rates should be the norm.
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Iâm so glad I bought my house when the rate was just over 2%.
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Heck yeah. Iâm around 3.25
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Hate to say it, but Powellâs job isnât to fix your mortgage or make your construction project cheaper. His job is to keep the economy stable for everyone, not just folks who bought unicorn properties with niche bank loans.
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Are markets hitting ATHs or is the dollar being devalued at a shocking rate?
Check out the DXY, or USD.CHF
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I understand that, and made that comment tongue in cheek.
I said for years while taking advantage of a 3% mortgage that the rates needed to be raised. If the rates stay the same, Iâll be fine. If they go down Iâll be in a position it improve the quality of my home life and increase the value of my property. Purely selfish.
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bottom line, short of an all out nuclear apocalypse or âextinction level eventâ, and regardless of inflation, monetary policy, devaluing, etcâŚthe Market always trends up
hopefully more people learned to always âbuy the dipâ whenever possible
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DXY is back to pre-COVID levels, not a collapse.
Gold is up, but Nasdaq is outperforming. Oil is down. This isnât just dollar weakness, itâs real earnings and tech strength driving ATHs.
the Ai/tech fundamentals are real, it is evident now the smoke has cleared
i think people will be kicking themselves in hindsight for not getting into at least some of these Ai era Tech names/tech-Ai based defense stocks, etc.
while it gets emotional and shaky on a day to day basis, it is clear to me that the Ai revolution is a guarantee like cell phones, internet, GPS, etc.
we are still in Step 1/level 1 , despite high valuations and run ups, in my view
with that, i still DCA whenever Gold dips as well
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I DCA gold and tech. In the next 2-3 years gold miners may really outperform and tech will outperform from now on. If we have some kind of reset and quit spending more money than we can afford I will sell gold. Until that actually happens gold is a great investment. Tech is the future of everything and the literal foundation of the future so itâs a pretty obvious move imo.
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vug is my go to etf
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Canât disagree with this. Over the last 2 months, local jewelry stores (descent size) have bought radio time encouraging people to sell broken gold chains, etc since gold is at an all time high and a few are willing to offer a 10% - 20% premium..
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Agreed but this is a melt up. We will see what happens but July is typically good (1% gain historically)..
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I tried VUG but VGT always seemed to outperform it. In fact Iâm not sure if any other Tech ETF outperforms VGT?
i like that one also.
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Who told us to sell our AI stocks ?
OK finally did the math today comparing:
GPIQ - 20%
GPIX - 20%
SCHD - 20%
VGT - 20%
VOO - 20%
4.94% Dividend Yield
and
SCHD - 33%
VGT - 33%
VOO - 33%
1.92% Dividend Yield
Taking into account the Dividend Yield (deducting taxes paid on GPIQ & GPIX Dividends as they are not Qualified and are taxed at standard income rate) and reinvesting them 100% and taking into account the Growth of stock price over the past year, it was pretty close.
It turns out GPIQ, GPIX, SCHD, VGT, VOO gets a total yearly return of 12.17%.
SCHD, VGT, VOO gets a total yearly return of 12.88%.
So a difference of 0.7%. So yes, it is better to invest in just SCHD, VGT, VOO.
Not a massive difference, but definitely a difference. At the end of the year, if I donât need all of the Dividend income, I might shift to just SCHD, VGT, VOO as that does have less access to Dividend cash, but a better overall return and less tax implications.
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I wonder what a combo like this would look like:
32% SCHD
32% VOO
32% VGT
4% TSLY