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All Forum Posts by: Shanti S.

Shanti S. has started 5 posts and replied 187 times.

Post: Where to Keep Reserves - Brokerage vs. Other

Shanti S.Posted
  • Real Estate Investor
  • Longmont, CO
  • Posts 208
  • Votes 109

Why would you be ok with a 25% loss in your brokerage account?  Do they not allow stop losses?

I'm currently parking most of my cash in equities but on at least a weekly basis I update all stop loss orders to minimize losses should the market take a sudden volatile turn.  

Moved the rest of my cash from checking account to Gemini in NY, they're paying 7.4% APR with no lockup, so it's also very liquid.

These days I only keep monthly expense money in my credit union.

Post: Is now a good time to start investing?

Shanti S.Posted
  • Real Estate Investor
  • Longmont, CO
  • Posts 208
  • Votes 109
Originally posted by @Matt Millard:

@Jordan Murrell

I recommend crypto & silver during these trying times!

And syndications in recession resistant offerings like mobile home parks.

 I'm not going to say your portfolio should not have crypto or silver in it, but both have performed rather poorly thus far since the bad news started being on repeat with MSM (main stream media).  Precious metals have more of a track record of course but the decoupling of the paper price and the physical prices blindsided a lot of metals enthusiasts.  The narrative that Bitcoin and other crypto assets would be a safe haven during the next stock market crash or economic meltdown has not been proving out for that sector of enthusiasts either.

Post: How will the iPad Change the Real Estate Business?

Shanti S.Posted
  • Real Estate Investor
  • Longmont, CO
  • Posts 208
  • Votes 109

Mike, I'm eager to try Evernote on an iPad but I haven't bought one yet - I use it on my Macbook, ipod touch, and on my Android smartphone about ten times a day. They have a free version you can try out for as long as you want I think, it took me about a week before I knew I wanted the pro version.

Basically, you can take any data or anything you want to remember and keep it all organized across any number of devices and call it up with a few keystrokes. For real estate, I might have a note or a folder for each property I'm interested in - which has photos, voice memos, documents, phone conversation records, etc in it.

Any thought I want to hold on to goes into the voice memo, usually on my phone while I'm driving or out and about. Photos are taken and automatically referenced by the program if there is any readable text in them. Receipts are scanned or photo'd in case I ever need them again. The best part is how easy and fast it is to call up any of this any time you need it, on any device, or even on the web if you're orphaned from every one of your gadgets. Love it.

Post: This won't matter to me-but it should matter to you!

Shanti S.Posted
  • Real Estate Investor
  • Longmont, CO
  • Posts 208
  • Votes 109

I wish it would, and I'll keep trying, but personally I don't think voting for folks like Ron Paul is ever going to make a real difference. There just aren't enough viable options for my votes.

Post: The real estate impact of Gulf oil disaster

Shanti S.Posted
  • Real Estate Investor
  • Longmont, CO
  • Posts 208
  • Votes 109

I've continuously had two questions since the start of this disaster -

-with all the plate shift and tectonic activity on the ocean floor, why don't oil leaks like this ever occur naturally (guess we are just poking holes pretty darn deep where they're not supposed to be, perhaps the sheer mass of the colliding and stretching plates contains these pockets)

-what would our attitude and reaction be if some other country had this going on - it will affect the rest of the world even if it's only ever visible on our coastlines

Post: Need net worth for financing? New poll

Shanti S.Posted
  • Real Estate Investor
  • Longmont, CO
  • Posts 208
  • Votes 109

was a 2 before

now a solid 1

now working on getting back to 2, but a strategic 2

Post: This 2 and 1/2 minutes will make your day.

Shanti S.Posted
  • Real Estate Investor
  • Longmont, CO
  • Posts 208
  • Votes 109

Astonishing...

I got a bonus check today; 40% taken right off the top, and they're not done yet. How greedy of me to deposit the remaining 60% in my bank account. I really should be ashamed of myself for getting a bonus in the first place and just give my whole salary to Obama, like the illegal aliens do

Auuugghh!

Post: mexico angry over OUR immigration laws!! Please read

Shanti S.Posted
  • Real Estate Investor
  • Longmont, CO
  • Posts 208
  • Votes 109

The fence still doesn't make a lot of sense to me other than symbolically - how does that help with all those who have already made it across the border or who will quickly figure out other ways to get to their desired destination?

The good fences make good neighbors quote I can see some sense in - symbolically, it's the dividing line between our properties and with it in place, we're not going to be using each other's land or trespassing upon it without it being very clear to both parties that it's happening. So no hard feelings to build up whether from carelessness or knowing disregard of the boundary by the encroacher, when a clear property line is not in place.

So I'm fine with an essentially symbolic fence (like a simple wire barrier), but to try to make it impenetrable across the border of an entire country seems laughable. The trespasser will always have a much easier and cheaper time of it than the enforcer. Much like guerilla warriors.

Love the contrast between Mexico's immigration laws and our own, however :-)

Post: mexico angry over OUR immigration laws!! Please read

Shanti S.Posted
  • Real Estate Investor
  • Longmont, CO
  • Posts 208
  • Votes 109

ok so they're having trouble building an impenetrable wall but once we get around to killing the last terrorist on the planet at least we'll be a lot safer from the really big threats ;-)

Post: mexico angry over OUR immigration laws!! Please read

Shanti S.Posted
  • Real Estate Investor
  • Longmont, CO
  • Posts 208
  • Votes 109

I have never understood the manpower, technology, walls, and general effort and expenses involved with "securing" our borders, finding illegals already in the country, deporting them, supporting them while here, etc.

Regardless of what you really think about illegal immigration, it seems crystal clear to me that these efforts are futile and wasteful, and that the solution is simple - severe penalties for those found to be employing illegal aliens. If businesses and citizens cannot afford the risk of hiring them, they won't be able to stay and will actually have to deport themselves.

Let the penalties pay for the enforcement effort.

For the record, I am all for immigration - legal immigration. Our hope, diversity, and energy is our strength. But every legal immigrant I speak to is insulted by the entitlement mentality and the ease with which illegals mingle with our society.

I understand wanting better for yourself and for your children, and fighting for it, but what is the point of laws if they are not enforced?