All Forum Posts by: Frank Boet

My shorts are looking great! BAC, MRO, PHM and TOL. When financials, energy and homebuilders go, so goes the stock market.

 Why will I sell you my real estate at a 30% discount? I'm not buying RE now because shorting the stock market makes more sense to me right now. We all invest differently. RE is not the only investment.

 I'm putting off buying RE estate. I prefer shorting the stock market with Put options. I'm short home builders, energy and banks.

https://www.realtor.com/news/trends/slow-down?identityID=5627f0dd57eb04a236011b7c&MID=2018_1207_WeeklyNL_EMD&RID=3491100882&cid=eml_promo_Marketing_NonPRSL_WeeklyNL_${campaign.id?replace(%27cons.%27,%20%27%27)}_2018_1207_WeeklyNL_EMD-blog_1_slowdown-blogs_trends

We are already witnessing cracks in the Chinese real estate market. In fact, they are expecting a recession in 2019. The US stock market is in a free fall and just a few points away from being in a full blown Bear Market, and our R.E estate market is certainly softening. What's going to happen when homeowners are 15% or more under water in their mortgages? Will we have a wave of foreclosures and short sales? Now, Australia's real estate market is about to blow up. Is Australia too big to fail? Will Australia's real estate recession have a ripple effect throughout the global economies? Unfortunately, I think that we are going to experience a major global economic crisis in 2020-2021. Stock market computer trading algorithms and governments can only buy us so much time. I call Bigger Pockets The BiggerPockets Index because we can get a feel for what is going on in RE throughout the country. I have been reading chatter in the last few months that we were not talking about just a couple of years ago. Ultimately, we are responsible for our own finances.  Invest wisely and be safe out their!  https://www.youtube.com/watch?v=smPR0s2W-Ck

I don't think that we will see a crash, but a pull back is certainly being expected. I just found this article this morning. The "whisper" of the Democrats impeaching Trump may be the "excuse" for a market selloff. Many believe that the stock market and real estate markets are not related, I disagree. The Chinese stock market has tanked 20% this year and now Chinese real estate is catching a cold. It is expected to go into a recession in 2019. All assets have cycles. This is a great thing. Money is made on pull backs. Why should I buy a $300k duplex today when I can buy it for $250K within the next two years? Like Jim Cramer says, "there is always a Bull Market some where". Even if that Bull Market is shorting the market. So invest prudently. Personally, I'm sticking to shorting real estate stocks. I'm doing very well trading Pulte Home and  Zillow Put options.      https://seekingalpha.com/article/4223051-sentiment-speaks-will-see-30-percent-correction-due-trump-impeachment

I worked in the Miami Elections Department for ONE day in the 2012 Presidential election . I left after lunch break and never returned. I didn't even get paid. I just felt like there was, let's just say, dishonesty going on. I can just imagine what is going on behind closed doors in the swamp that is Broward and Palm Beach counties Elections Department.

The whisper from a few real estate agents I know, is that foreclosures are increasing in Homestead, Hialeah and Doral.