Investing used to be like baseball. You’ve made it to second; are you willing to add risk to make it to third? Or home plate? When you’ve moved to cash you’re “safe.” There is no more safe. Cash is the riskiest investment you can own. It loses value every year - guaranteed. It may suddenly crash as hard as the worst market sell off we have ever had. Not much choice but to hold equity in one form or another. Or tangibles like gold, especially if Biden wins. The first few years of Democratic administrations have been good for gold going all the way back to the 70’s.
Many days before I told this: You are day dreaming! You will not understand how bullish USA/SFBA (long term) as you are jealous over the people making money with stock market and real estate!
The reality was shown since 1900 onwards, every recession. Reality in Bay Area is shown remarkable IT rush since the advent of computer in 1970s.
The innovation continues to grow, SFBA continue to grow in long term perspective no matter which region in the world is competing/challenging.
I know what I am talking and you do not have any clue what you are day dreaming. You and other bears are wasting you time blogging negative story about this country, county…and SFBA.
Here you go, if you feel that I am bullish alone, it is wrong as I have told this forum when stock is going to fall ahead of time !
If I am bullish madly, I would not have told that. I also predict a possible stock recession/correction, but economy will be full swing after that.
That is reality !
You permabear miss that point and wasting your energy and life.
Most of the silicon valley came up into a significant existence only after 1970s.
The famous 7 from Fairchild who are credited with sowing seeds of Silicon Valley were active in 1960s.
I do not think Silcon Valley has any serious history before 1960s at least in matters of technology.
Here is the population growth (of San Jose) chart over the decades.
Will it keep growing at same pace?
1900
21,500
19.0%
1910
28,946
34.6%
1920
39,642
37.0%
1930
57,651
45.4%
1940
68,457
18.7%
1950
95,280
39.2%
1960
204,196
114.3%
1970
459,913
125.2%
1980
629,400
36.9%
1990
782,248
24.3%
2000
894,943
14.4%
2010
945,942
5.7%
Added Later:
A careful look at the chart above reveals the population of San Jose has been slowing down since 1970. Well, this can be misleading since the SFBA now covers a wider geography than San Jose alone.
Since then many countries, Euro and across world competing with US, but silicon valley leads every time.
The innovation, company formation, keep on growing here every decade.
Every recession sow the seeds of new innovation and grows. Next change started with cloud, big data and EVs.
And another point is that by the time center of innovation in semiconductor and software shifted to Silicon Valley , companies in other part of the USA had already invented radio, telephone, computers, programming, software, and even basic transistors. Yes, the next phase of innovation centered around integration of devices in one piece of silicon (hence the word Intel) and internet came from Silicon Valley. Seen from this perspective, Silicon Valley is just a step in long journey of technological innovation, much of which started in east coast or Texas. With time, business and technology evolve and so do where it happens. Renaissance started (I presume) in Florence, Italy, but how many people even have heard of that city.
Are we in year 1900? when two European wars .
We already reached limit of SFbay area population growth. Any further growth will create massive inflation and inviting social disturbances. Just parking a car SF on street inviting broken windows.
carefully look at the Flags for city of future that can deal with climate change. they not advertized it as not scare ordinary.
@erth show data that indicates population has started to grow faster again. No in-depth study by him as to why. WAG so far: High density housing, grow exurbs,…
Population growth has to be planned carefully. Need to build more high density housing, more efficient road networks, more efficient public transportation systems, environmental (AQI), public utilities (water, electricity, …), population integration, …
You need to know the why first. Otherwise is a skin-deep observation.
Outdated as don’t work? No need? Your data show increase! And you don’t know the reason!
If didn’t plan for population growth, we would have galloping house prices, homeless, jammed roads, … Hmm…
Try as in done but don’t work? Stalled by NIMBY? Stalled by political deadlock?