All Forum Posts by: Jeremiah Dunakin

I don't have international guests. But this absolutely will affect international travel. I have family and friends in Canada who regularly visit the US, and they've cancelled all trips for the foreseeable future, they are hopping mad. I don't know how much this will affect guests from other countries, but it is bound to. I hope since your guests come mainly for the school there, you'll be spared a lot of it.

Unfortunately, this administration is at war with universities and scientific research and I rely heavily on Harvard & MIT which are taking major hits. They have already frozen hiring and I suspect that means there will be fewer visiting scholars. That certainly feels like what is happening, given the fact that our MTR inquires are way down and we haven't leased the full calendar year.

There are 4 legs of our retirement income and 3 of them are under threat (Stock Market, Rental Income, Social Security).

I agree that we really don't know what will happen with Social Security but Musk has certainly been rattling his chainsaw.

We know what is happening to the stock market but some people think it is short term pain and others fear a recession. I'm a lot less sanguine than @Bruce Woodruff but I also am in wait and see mode.

And I know for a fact that my rental income is taking a major hit. It now just depends upon how large a hit. So far, I know we will be down by at least by $6000 this year.

Sigh...

Actually, to be accurate, it is the Universities that have chosen their path and are finally getting called on their S**t.
And the Stock Market and Social Security are not under any threat. Once the economy settles down from the tariffs and all of these fraud and waste exposures, we (the US) will be rolling again. Just be patient. you will be fine, and I wish you the best!

On the Stock market, as an Active Trader, here is some context.

Tesla has lost nearly half it's "value" as of recent and do you know the P/E it's trading at? About 100.

To put this in terms Ford, who has NOT lost half it's "value" is around a P/E of 7...... No not 70, SEVEN.

Palantir who's come way down is still trading at a P/E above 400.....

Tech had been trading up to INSANE valuations. Valuations that make zero sense what so ever. There revenues and profits would have had to DOUBLE annually, for multiple years consecutively just to get into a "normal" P/E range.

It has been a Tech-Bubble.

No secret to this, it's only been talked about over-n-over for months and years.

Hence why this is being called a CORRECTION.

You can't CORRECT something that's a-ok fine, right? No, BROKEN messed up WRONG things get..... CORRECTED.

Just do some research, look up if a P/E over 100 is "normal". Ok, now look up a P/E over 200, 300, 400..... Around 200-300 ai is going to start replying with laughing emoji's saying "are you dumb, that's BONKERS".

Buffet got out saying things were overdue for a correction. Why? Because of this simple math, because it was into fantasy land valuations.

Nothing new to this bubble, we have seen bubbles many times before. Dot-com was a similar one.

I will put some belief into the notion of the market suffering when McDonalds isn't pacing record highs as it is. It's at $304 up from $236 YOY.

Like SOOOoooo much other BS media today it's FAKE NEWS! Spin spin SPIN.

Taking a real thing and spinning it to fit a narrative of why.

"Oh no fear tariff's"..... Home Depot (HD), yes "OMG" it's down too $354..... Back near it's $310 1yr ago and only up a 2X+ multiple from it $126 5yrs ago.......

So if we had HONEST news headlines it would be something more like "Oh No, valuations coming back closer to normal sanity levels and only a few multiples of what they were a few short years ago.....".

I am so exhausted of the non-stop onslaught of SPIN and people regurgitating headlines without any context or efforts to verify validity....

This times a million. The stock market has natural corrections. I think there is roughly one every two years. I think I read/heard that in the last like 95 years there are 45 corrections give or take a few. The market has been heavy in tech. Market will correct. It use to be from my limited knowledge the P/E you wanted like 15 or less. Like said it’s now 100+. That’s insane. People are desperate to soil dirty uniformed laundry. Tesla has been crashing since January, yet all we hear is how much Elon is getting paid by Trump, contracts for this and that(I think another president signed those agreements ) Musk loses millions everyday. An article today stated that DOGE found 12m+ people on social security who were over the age 120. Yet all you are gonna hear is how they want to cut social security. Yes they do and yes it’s a scam. People are so desperate to be mad at party of thier choice it becomes blind rage.

I'm not sure what was more outlandish. The rally post election or the head above water all 2024 prior to the election.

We need a reckoning. More than a correction.

That 10 year needs to come down. It's been a huge focus. In another thread I kept showing change post election, there's a reason for that. It's going to tell a lot of the story.

The market will work its self out. It always has. I’m confident in that. Since its inception it always has. Some companies are gonna do better. Some are gonna do worse

Long term, yes.

These policies are very pro American.

Short term, hopefully brutal. Tesla should see itself in the 140s. Need that terrible Q1 to post next month.

Scary how it got just under $490. I'll be buying the (harsher) dips as we are positioned (very) net short. Few others too.

Agreed. I will be doing the same. We have been conditioned to be very cushy in America that everything should be pain free(me too). I am similar situation. I let my personal finances slip a little. To counteract that I am doing the following.

1. Cut my spending on frivolous things/balancing budget. Same thing Doge is doing.
2. I am working 7 days a week 12 hours a day to speed it up. Short term it sucks and is painful but in a couple months I will be back to 40 hours but with more money in pocket cause I ain’t spending it all.

3 Votes