Ollin Magnetic Digiscoping System

Anybody Buying Yet? Where’s the Bottom?

tbh from what historically it shows for real estate hard to ever sell...people need a home.
I always much prefer having the rentals and selling to where I take a tax hit never comes to my mind.

However for this specific one that I could probably sell fast, I am playing games with myself wondering if I sell it, pay taxes and recapture, dump all the money into some mutual funds, play it until things “correct”, then buy another rental.

I think I’m probably over thinking it and it would need a lot of things to go right to work.

I’ll probably just 1031 it.

It needs to get sold because I’m trying to bring my rentals closer to me now that I’m settling down. Now have them all over the US.
 
I’d like to see someone give a real cogent argument as to where they actually see an economic upside here that would lead to a market recovery…And please don’t say by bringing manufacturing back as that is a multi year effort that realistically takes much longer than the 4 years this administration, if we even want to call it that, has.
Let’s face it, none of us alive have ever seen anything like this before. Last time tariffs like this were inplemented it ended up taking the stock market 25 years to recover, yes 25 years. The difference today is that the tariffs are actually even higher than they were back in 1930.
Moreover, US reputation has been obliterated globally and no one trusts us anymore. That will take decades to fix. Some may say who cares, but we should very much care. Europeans are not idiots, and Trump has brought the EU closer together than they have ever been and they won’t just simply roll over. China, Japan, South Korea forming an anti US coalition…who would have ever imagined that could actually happen? There are literally no 2 countries that hate each other more than Japan and China and yet Trump has managed to be a matchmaker making them best buds now and against us. Can’t be surprised when you pick a fight and end up getting punched in the face…
As an aside, it will be a real quiet summer out west this year with the lack of tourists from abroad. International bookings have totally collapsed already. I feel sorry for the small towns and small businesses near National Parks that will take an absolute beating this summer from a lack of Europeans, Asians and Canadians. That’s just one small example of real consequences that are already happening.
If you believe it’s going to take 25 years to recover you should take @Sytes bet!!! I want someone to!
 
I sure hope you are rushing out to buy these

812ccbf4700a4f21b5859588f0d19ed8.png
 
Actually, both the Russell 2000 and NASDAQ are now 20% off their highs in just a matter of weeks. The S&P is sure to follow and then the DOW. We’re in free fall dude, this isn’t your garden variety correction due to normal economic ebbs and flows. As one analyst put it, this is “Economic Armageddon” and is totally self inflicted.
 
Don’t wanna talk about that 25% time line huh?
My point--if you want to gamble on it turning around, feel free to do so! Might be nice if we could revisit it in a few months--or whatever period of start of recovery you expect to see.
 
That bear market was a slow trickle. It’s didn’t al happen in a week. The S&P’s worst week in 2022 was -5.79% (6/17/22). If the markets closed right now the S&P would be down ~7% on the week.

Heck, in ‘08 when Lehman collapsed the S&P closed up 0.59%. Losses the following week were still -3.35%. S&P has beat that today alone.

Sure, these are anecdotes unrelated to the recent decline, but go to show that there’s still possibly a lot of room to go down. There hasn’t even been a full week of trading since these tariffs were announced.

There is always a chance this gambit is a success, but when 9.99 out of 10 economists have been saying “don’t do that, here’s why” I have my doubts.*

*That evidence is a very unscientific number that I invented. However, I’m pretty sure the 0.01 that’s pro-blanket tariff is really just a golden retriever named Economist.
 
Someone woke up the Senate


But I think we found another way out...
:ROFLMAO:
View attachment 366750
This honestly makes me want to like the tariffs "plan". Congress doesn't really seem to vote for anything these days unless it's a financial incentive for them.
 
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