12/13 Dow Tops 37,000 NEW RECORD!!!!!!

Some free advice: Being " heavy " into anything is how you get fucked. That lesson cost me well into $2mill. It's free for you. Read and heed.

Blue chip tech. Apple, NVDA

Good luck dude. I hope you crush it

The risk-takers fuel the economy; the government siphens it off to subsidize the indolent.

If inflation beat you that means your investment's returns are less than 6% and if that's the case you are doing it wrong. Take your money out of a CD . That's for the weak at heart and the over 80 crowd.

The official inflation rate of 5% is bullshit. The buying power of the wealth being accumulated is being devalued by around 7-8% per annum. Making 10%/annum is closer to 3% real return before taxes. I made around 11.5%/quarter over the last ninety days. After paying taxes on the gains its probably 1-2% returns above inflation and taxes in a 90 day period. It was a great deal of work, but it beats going backwards. I'm roughly 1/6 cash and treasuries, 1/3 equities, 1/6 private equity, and 1/3 R/E at the moment. The R/E is all nearly debt free. Im hoping to re-leverage R/E avoid selling and have it for family later. I saw Laguna beach R/E deal I like, but the numbers suck. https://www.loopnet.com/Listing/31671-Seacove-Dr-Laguna-Beach-CA/30171190/ Chinese disaster still lurks. https://www.msn.com/en-us/money/markets/chinese-wealth-giant-crumbles-zeg-s-insolvency-shakes-shadow-banking/ar-AA1kyxlL

Real estate is for buying not selling, I agree with you there. Buy, Borrow , Die is a strategy I have adopted. Borrow on the real estate and avoid the capital gains . The interest is 100% tax deductible. Thats a nice piece of property in Laguna Beach. At mortgage rates where they are right now the numbers on most deals aren't going to pencil out. Three units on a 3000 square ft lot. No room to add ADU's. Because of location and proximity to the beach, Airbnb might make sense but I don't know enough about that business.