OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc.

[F N 11]

S&P recovering easing my pain from last week. Let’s hope the rest of the day goes well.

[Garbagelo]

S&P recovering easing my pain from last week. Let’s hope the rest of the day goes well.

I'm seriously considering withdrawing my entire 401k if the stock market blasts off

[F N 11]

S&P recovering easing my pain from last week. Let’s hope the rest of the day goes well.

I'm seriously considering withdrawing my entire 401k if the stock market blasts off

Hold my boy. Don’t let the downs get to you. Remember you only lose money if you sell.

[Stannis]

S&P recovering easing my pain from last week. Let’s hope the rest of the day goes well.

I'm seriously considering withdrawing my entire 401k if the stock market blasts off

Yeah, same. I'm in lot of cash right now, but still fully invested in my HSA and 401k (mostly low cost index funds) I did this just so I'm still invested and won't have too much FOMO in case we have another bull run.

But it's really tempting if we reach ATHs again. I think withdrawing that cash (even with a penalty) will be more valuable than parking it in an index fund.

[F N 11]

S&P recovering easing my pain from last week. Let’s hope the rest of the day goes well.

I'm seriously considering withdrawing my entire 401k if the stock market blasts off

Yeah, same. I'm in lot of cash right now, but still fully invested in my HSA and 401k (mostly low cost index funds) I did this just so I'm still invested and won't have too much FOMO in case we have another bull run.

But it's really tempting if we reach ATHs again. I think withdrawing that cash (even with a penalty) will be more valuable than parking it in an index fund.

Im not an expert but I rather bet on having money in ETF/IF than a bank account. Depends on the ETF you are in tbh. Imo after a lot of research, best to be in low cost ETF that mirrors the S&P 500.

[Stannis]

I'm seriously considering withdrawing my entire 401k if the stock market blasts off

Yeah, same. I'm in lot of cash right now, but still fully invested in my HSA and 401k (mostly low cost index funds) I did this just so I'm still invested and won't have too much FOMO in case we have another bull run.

But it's really tempting if we reach ATHs again. I think withdrawing that cash (even with a penalty) will be more valuable than parking it in an index fund.

Im not an expert but I rather bet on having money in ETF/IF than a bank account. Depends on the ETF you are in tbh. Imo after a lot of research, best to be in low cost ETF that mirrors the S&P 500.

Yeah, I'm mostly like going to stay in those index funds. But just saying, if we have some weird bull run when interest rates are on the horizon, I will have to explore other options..

[br7knicks]

I'm seriously considering withdrawing my entire 401k if the stock market blasts off

Yeah, same. I'm in lot of cash right now, but still fully invested in my HSA and 401k (mostly low cost index funds) I did this just so I'm still invested and won't have too much FOMO in case we have another bull run.

But it's really tempting if we reach ATHs again. I think withdrawing that cash (even with a penalty) will be more valuable than parking it in an index fund.

Im not an expert but I rather bet on having money in ETF/IF than a bank account. Depends on the ETF you are in tbh. Imo after a lot of research, best to be in low cost ETF that mirrors the S&P 500.

that's the smart and safe way to go. my father has gotten on my case that, at my age, i need to be more aggressive and put into riskier ETFs. i've tried to find some sort of balance, especially since i think there's going to be a bigger correction/crash soon.

this is what i've tried to do with my M1 finance account. a mix of small, mid, large cap. mostly small caps, though. i almost feel like i've spread myself too thin, but i'm trying to minimize the damage that's already started/coming soon

Spoiler:

[F N 11]

2 straight days of gains baby!

[F N 11]

3 days straight of making money off S&P ETF. If you panicked, you lost money.

[Stannis]

I'm feeling a little bit of euphoria which is usually a sign to sell lol. Google knocked out earnings and announces a stock split. I have a feeling Amazon will do the same, and big tech will go on another bull run.

I think I will get another opportunity to sell out of some names. I want more cash so I can try to buy a house lol.

[aq_ua]

I'm feeling a little bit of euphoria which is usually a sign to sell lol. Google knocked out earnings and announces a stock split. I have a feeling Amazon will do the same, and big tech will go on another bull run.

I think I will get another opportunity to sell out of some names. I want more cash so I can try to buy a house lol.

Just curious - is the decision to buy a house now driven by personal circumstances, or more by market forces like interest rate expectations?

[Stannis]

I'm feeling a little bit of euphoria which is usually a sign to sell lol. Google knocked out earnings and announces a stock split. I have a feeling Amazon will do the same, and big tech will go on another bull run.

I think I will get another opportunity to sell out of some names. I want more cash so I can try to buy a house lol.

Just curious - is the decision to buy a house now driven by personal circumstances, or more by market forces like interest rate expectations?

I'm still renting and just think it's time for me to own one.

[Stannis]

I'm feeling a little bit of euphoria which is usually a sign to sell lol. Google knocked out earnings and announces a stock split. I have a feeling Amazon will do the same, and big tech will go on another bull run.

I think I will get another opportunity to sell out of some names. I want more cash so I can try to buy a house lol.

Just curious - is the decision to buy a house now driven by personal circumstances, or more by market forces like interest rate expectations?

Also, am I supposed to be letting the interest rate expectations dictate my home-buying decisions?

I know when rates went to zero, everyone was buying a house. But I thought it was kind of a wash because housing prices soared.

I figure if housing prices go down, it won't really matter because rates will go up.

[br7knicks]

I'm feeling a little bit of euphoria which is usually a sign to sell lol. Google knocked out earnings and announces a stock split. I have a feeling Amazon will do the same, and big tech will go on another bull run.

I think I will get another opportunity to sell out of some names. I want more cash so I can try to buy a house lol.

Just curious - is the decision to buy a house now driven by personal circumstances, or more by market forces like interest rate expectations?

Also, am I supposed to be letting the interest rate expectations dictate my home-buying decisions?

I know when rates went to zero, everyone was buying a house. But I thought it was kind of a wash because housing prices soared.

I figure if housing prices go down, it won't really matter because rates will go up.

That's where I'm at, and what I was thinking for a long time.

I asked a few months ago what people knew about owning and investing in rental properties.


Bank lender and realtor keep telling me that I better buy soon before rates go up, but all that goes through my head is that, yes rates will go up, but like the stock market, everything is overvalued.

Seems to make more sense to wait for prices to drop, or at least get back to fair value.

[aq_ua]

Just curious - is the decision to buy a house now driven by personal circumstances, or more by market forces like interest rate expectations?

Also, am I supposed to be letting the interest rate expectations dictate my home-buying decisions?

I know when rates went to zero, everyone was buying a house. But I thought it was kind of a wash because housing prices soared.

I figure if housing prices go down, it won't really matter because rates will go up.

That's where I'm at, and what I was thinking for a long time.

I asked a few months ago what people knew about owning and investing in rental properties.


Bank lender and realtor keep telling me that I better buy soon before rates go up, but all that goes through my head is that, yes rates will go up, but like the stock market, everything is overvalued.

Seems to make more sense to wait for prices to drop, or at least get back to fair value.

There are a number of "experts" that will tell you the current housing price is caused by housing supply/demand imbalance - there's data that says there used to be an average of 1 million houses on the market at any point in time, and there's only about 250k right now. The reason for this imbalance are several, including people having greater wealth due to a rising stock market, overall fewer houses being built since the GFC, rising housing input costs due to supply chain constraints, and persistently low interest rates allowing more people to own more than one house and rent one out profitably.

Therefore, rising interest rates only addresses some of the imbalance - not all of it - so it would be challenged to say that rising interest rates will naturally lead to a housing price correction.

Common wisdom would say, if you need to buy a house and come across a house that you like, buy it. Otherwise, don't. So, the rational that Stannis gave (tired of renting, have the desire and capacity to buy) makes a lot of sense to me, but was just curious as to whether rate increases actually played into the mind of the consumer at all.

[br7knicks]

Also, am I supposed to be letting the interest rate expectations dictate my home-buying decisions?

I know when rates went to zero, everyone was buying a house. But I thought it was kind of a wash because housing prices soared.

I figure if housing prices go down, it won't really matter because rates will go up.

That's where I'm at, and what I was thinking for a long time.

I asked a few months ago what people knew about owning and investing in rental properties.


Bank lender and realtor keep telling me that I better buy soon before rates go up, but all that goes through my head is that, yes rates will go up, but like the stock market, everything is overvalued.

Seems to make more sense to wait for prices to drop, or at least get back to fair value.

There are a number of "experts" that will tell you the current housing price is caused by housing supply/demand imbalance - there's data that says there used to be an average of 1 million houses on the market at any point in time, and there's only about 250k right now. The reason for this imbalance are several, including people having greater wealth due to a rising stock market, overall fewer houses being built since the GFC, rising housing input costs due to supply chain constraints, and persistently low interest rates allowing more people to own more than one house and rent one out profitably.

Therefore, rising interest rates only addresses some of the imbalance - not all of it - so it would be challenged to say that rising interest rates will naturally lead to a housing price correction.

Common wisdom would say, if you need to buy a house and come across a house that you like, buy it. Otherwise, don't. So, the rational that Stannis gave (tired of renting, have the desire and capacity to buy) makes a lot of sense to me, but was just curious as to whether rate increases actually played into the mind of the consumer at all.

Gotcha. Appreciate the input.

That's why I've passed on a few deals. Doesn't make sense right now. Was going to wait, unless a steal comes through.

[Stannis]

Also, am I supposed to be letting the interest rate expectations dictate my home-buying decisions?

I know when rates went to zero, everyone was buying a house. But I thought it was kind of a wash because housing prices soared.

I figure if housing prices go down, it won't really matter because rates will go up.

That's where I'm at, and what I was thinking for a long time.

I asked a few months ago what people knew about owning and investing in rental properties.


Bank lender and realtor keep telling me that I better buy soon before rates go up, but all that goes through my head is that, yes rates will go up, but like the stock market, everything is overvalued.

Seems to make more sense to wait for prices to drop, or at least get back to fair value.

There are a number of "experts" that will tell you the current housing price is caused by housing supply/demand imbalance - there's data that says there used to be an average of 1 million houses on the market at any point in time, and there's only about 250k right now. The reason for this imbalance are several, including people having greater wealth due to a rising stock market, overall fewer houses being built since the GFC, rising housing input costs due to supply chain constraints, and persistently low interest rates allowing more people to own more than one house and rent one out profitably.

Therefore, rising interest rates only addresses some of the imbalance - not all of it - so it would be challenged to say that rising interest rates will naturally lead to a housing price correction.

Common wisdom would say, if you need to buy a house and come across a house that you like, buy it. Otherwise, don't. So, the rational that Stannis gave (tired of renting, have the desire and capacity to buy) makes a lot of sense to me, but was just curious as to whether rate increases actually played into the mind of the consumer at all.

I think the rate increases won't make much of a difference if at all. Whatever you'll save from home prices going down, will be gone with the higher rate you will be paying.

Like you said, people still want to buy and there's not much supply and material prices aren't coming down either.

I'm kind of taking the Peter Lynch approach here and ignoring the ongoing talk of interest rates. A home would be a long-term investment. If I like it and can afford it, I'm buying it.

[aq_ua]

That's where I'm at, and what I was thinking for a long time.

I asked a few months ago what people knew about owning and investing in rental properties.


Bank lender and realtor keep telling me that I better buy soon before rates go up, but all that goes through my head is that, yes rates will go up, but like the stock market, everything is overvalued.

Seems to make more sense to wait for prices to drop, or at least get back to fair value.

There are a number of "experts" that will tell you the current housing price is caused by housing supply/demand imbalance - there's data that says there used to be an average of 1 million houses on the market at any point in time, and there's only about 250k right now. The reason for this imbalance are several, including people having greater wealth due to a rising stock market, overall fewer houses being built since the GFC, rising housing input costs due to supply chain constraints, and persistently low interest rates allowing more people to own more than one house and rent one out profitably.

Therefore, rising interest rates only addresses some of the imbalance - not all of it - so it would be challenged to say that rising interest rates will naturally lead to a housing price correction.

Common wisdom would say, if you need to buy a house and come across a house that you like, buy it. Otherwise, don't. So, the rational that Stannis gave (tired of renting, have the desire and capacity to buy) makes a lot of sense to me, but was just curious as to whether rate increases actually played into the mind of the consumer at all.

I think the rate increases won't make much of a difference if at all. Whatever you'll save from home prices going down, will be gone with the higher rate you will be paying.

Like you said, people still want to buy and there's not much supply and material prices aren't coming down either.

I'm kind of taking the Peter Lynch approach here and ignoring the ongoing talk of interest rates. A home would be a long-term investment. If I like it and can afford it, I'm buying it.

My only point around rates is that it could cause people holding onto two properties to sell one, or at least possibly discourage some new buyers on the margin. However, I agree with that general view.

[Stannis]

FB down 20% after earnings. Amazon is up next. If they blow earnings or issue poor guidance as they have a tendency to do, there could be another tech selloff.

Since I started investing, Amazon never really seemed to care about how/if they beat earnings.

Tomorrow will be very interesting.

I still hold big tech and chip stocks. Thanksfully, I'm out of all the meme stocks, unprofitable companies, and ARKK stocks.

[Stannis]

My only point around rates is that it could cause people holding onto two properties to sell one, or at least possibly discourage some new buyers on the margin. However, I agree with that general view.

I'm kind of a noob when it comes to the housing market... Why would people holding more than one property sell one because rates increase?