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Better idea is get mortage interest rates down to have a bigger influence on monthly payments affordability than extending the loan period and blowing up the inerest paid.
Secondary benefit is low interest = higher real inflation meaning inflate the debt away and pump high beta assets to the moon. Bring on more QE, I am all loaded up high beta!
 
Yeah I was actually thinking mean, but should have said those at the mean and under. not a huge deal. But the old bozos pulling the mean up, NOT GOOD YOU IDIOTS.

Around here, $400K doesn't buy a shack.
Yes, well were not all West Coast Elite :ROFLMAO:

You can still buy a shack around here for $400K in a reasonable area if you don't care about schools.
 
Yes, 50 year mortgage is nothing but rent. Only drops payment by a couple hundred bucks, assuming Fannie / Freddie subsidize them at the same rate as a 30 year fixed. Who is dumb enough to securitize a 50 year note?
And can increase the interest paid by hundreds of thousands over the life of the loan.
If I buy at 30, I will be lucky to be alive when the property is paid off...

The problem is supply. Given that, the 50 year option (lower payment) will only further drive up prices. Stupid "solution".
What will rates be based on money received 50 years from now?

Oh yeah and building is now more expensive than ever due to material cost inflation.
 
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My turd NWL.started to move today.
Getting ambushed now

1000023715.webp
 
Actually, my turds currently are Monday and Duolingo. In one month they have gone from stars to loss of 30% to 40%.

Will dump them when they swing the right way.
 
I have that turd but I'm only up $110 over basis.

Dump the turd or hope for $5/share?
Yup that is the underlying question
Then add in two weeks before the $1000 dividend. Me personally I live for the day...why?
I dumped my turd because I was up $2150. And the only reason the flat liner got a pulse was a bunch of articles came out they are still keeping the dividend...

One day propaganda rise... so I will put it an alarm and get in again most likely 20 cents cheaper and wait for the dividend and if I have to hold it a for a 1 cent rise as I'm not interested in losing one cent. Not greed but it can become a habit and a bad one.

There are always more stocks than can grow for you so why wait more than a few weeks??? Time is money 💰 best of luck...waiting for Pablo to laugh
 
I like the lunch time discount.
Dumped at turd for a small profit just before 12 noon
Just bought it back at 8 cents less
( penny stock ) now its back up ...
8 cents is a nice discount on 10k shares... if it gives me enough profit I will unload it again.
Staying out of PLTR right now due to drama fatigue 😩
 
Remember the old days? That’s what I meant. Back then $37
Yeah I know....just recently it was $20... one app charges like $5 for every canceled trade. A few years back i could cancel 10 or more a day on penny stocks...no thanks
 
Pltr is a bit scary
I set an alarm negative 70 cents
In 6 minutes it went off
I set it again for negative 40 cents
It went off....geez
It went down another 22 cents and it's low to begin with
 
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