Bay area only: I am actually helping (just free service) few friends find a good location primary homes and they may buy sometime in 2019. Only issue is limited funds, less than 800k, may be Condo or Town homes.
Personally, I am constantly watching homes, but not aggressive as I may not get mortgage.
Nobody has that. Itās all mumble jumble about stocks, dividends, blah, blah, blah.
When I read or see anybody above my age still stuck in the stock market or responding to calls in the middle of the night about a leak in the kitchen, or the water disposal not working, I know that person wonāt live happier, he or she wonāt enjoy his last years because of the fear of losing what he should have all secured and ready to live La Vida Loca!
Donāt wait! Go and enjoy your last years with money you have around. You will kick the can, guess who is going to enjoy that wealth? The otherā¦ā¦ā¦
Me? Give me $500K cash right now, I am gone!
Which we can get by selling our home, free and clear.
Our kids? They will be on their own. Life is tough, so why making them weak?
This is getting ugly. I did some hedging with XLE, XLF, XLI, and XLY puts. They are up 43-97% and thatās not enough to offset the losses on stocks. It might be time to go net short.