Thought you don’t go out…
Inflation is a big deal for folk who live paycheck to paycheck as many Americans do. You might have a job but be homeless due to high rents. Or you might only be able to afford to feed your kids high carb crap because you can’t afford quality food.
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You interpret literally?
Based on your posts throughout the years , I arrived at the conclusion that you don’t go out that Much.
But I don’t know know you at all. I just like to post random stuff. ![]()
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You didn’t read all my posts. I said many many many times, I go out to eat in restaurants very often.
Come on, he doesn’t cook. It’s restaurant and door dash. ![]()
Ok my bad.
One of the best things about retirement - eat healthy, eat cheap. Because you have the time.
And growing your own food!
I got tons of tomatoes and shishito peppers this summer and now figs.
Boom, trillions are “gone”.
I still own the same number of shares paying basically the same dividends. My balance sheet and spending are unchanged.
Dividend will be cut soon.
I’m calling troll. Rents are up huge YoY. If you really own a bunch of MFH, then you’re laughing all the way to the bank. Instead, you’re constantly talking gloom and doom about anything anyone else owns,. That’s literally text book behavior of broke people who are jealous of those with more. They sit around hopping for a crash, so others won’t have so much more than them. You don’t even understand the most simple of financial or economic concepts.
This is where materially increasing the number of people in the workforce would help. We still have almost 2x more open jobs than unemployed people. It’s leading to increasing wages which is driving the inflation.
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Soon, RE market losses would dwarf stock market losses.
Depends on stocks. Stocks with low payout ratio won’t see cut. High ones like REITs might. As a general rule, don’t invest in dividend stocks that have a high payout ratio and/or high debt2equity ratio.
All I am saying is on average dividends will be cut. If you look at S&P 500 or Dow 30 dividend yield, I bet they will be cut by 25% to 50% within next one year.
You should know that RE investors grow the most during doom and gloom. Having said that I am not simply wishing for doom and gloom, it is really backed by sound reasoning and fundamentals. If you disagree you are just a denier, thats all.
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This is under the purview of the USG (or is it Congress, I am a little confused with US system). In the parliamentary system, always the government, there is no Congress and no Senate, only the Parliament. SG is in perpetual shortage of labor i.e. total number of jobs is always higher than total number of Singapore citizens + PRs, and face frequent structural labor changes. So SG has many programs in place:
Temporary employment passes for foreign workers
Expatriate programs for executives and professionals
Heavily subsidized skill improvement classes for citizens and PRs
Adaptive changes in academic class curriculum
Number of tertiary educational institutions will be increased where appropriate
For housing, SG offers grants (first time buyers, near parents, financial difficulties) amount to 30% of the subsidized HDB. Also nearly rent-free one-room HDB for those ‘poor’ elders who don’t have children.
You are funny person! You always reminds me …
He is telling the truth, you deny that!!!
RE investors grow the most during doom and gloom => shows you missed real estate buying in the past, jealous over all Bay Area real estate buyers, expecting 50% drop so that you want to all real estate investors crying !
Ha ha ha ! Your dream of 50% never come in your life term!