Elizabeth
1.7K posts

Elizabeth
@Elizabeth12761
Bought $TSLA and $NVDA back in 2010 and never looked back. 💎🙌 Real investing isn't about chasing the hype; it’s about having the conviction to hold when the
Miami Katılım Ekim 2019
536 Takip Edilen66 Takipçiler

@kimmyjongeats @BoomerDivvies I completely agree cars don’t appreciate in value, and they depreciate very quickly
English

@BoomerDivvies Definitely not. Makes no financial sense. That $100K is going to 0.
English

@Elizabeth12761 @RoaringHammy Current compounding: ~6% capital growth + 1.5% rental.
Hard to beat a consistent 7+% return with a cash component.

English

@kimmyjongeats @RoaringHammy That’s definitely hard to give up, but since you’ve already made a lot of money, you could also consider selling and reallocating into other assets
English

@Elizabeth12761 @RoaringHammy ha ha I would. But then I'd lose the property tax basis (~1.3M right now). Hard thing to give up 😉
English

@RoaringHammy Worked for us: first home bought < 1M, currently value close to 4M (21 years). Got use or rental + capital growth.
English

@devahaz @sporadica Agree. $500K (for mid-level FAANG) can't help with a $4-5M home.
500K pretax
Tax: 230K
Rent: 60-70K (hcol)
Living (not luxurious): 50-100K
Savings: maybe 100-150K
Takes years to collect 1-1.5M down pmt on 4M home.
And high mortgage at 6.5% is a bitch.
English

what i’m really curious about is what happens to SF real estate when all the AI Lab Bros cash in on their billions in equity at the same time as all the mid-level FAANG employees get laid off, what happens then
New York Post@nypost
Panic in California as LinkedIn announces hundreds of layoffs trib.al/tgNyQ55
English
Elizabeth retweetledi
Elizabeth retweetledi
Elizabeth retweetledi
Elizabeth retweetledi

@wise_wiree Doesn’t look expensive on forward PE, but it’s a cyclical name peak earnings can be misleading. Feels like AI upside is already priced in, so expectations might be the bigger risk
English
Elizabeth retweetledi
Elizabeth retweetledi
Elizabeth retweetledi

@wise_wiree What’s the reason? I think it’s overvalued right now and should pull back
English

@kimmyjongeats That kind of dedication is pretty much gone today. Most people are just riding on hype or titles to make money
English

@Elizabeth12761 Michaelangelo spent ~9 years standing up and painting. Don't know of a modern equivalent of dedication like that is.
English


















