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23 January 2025 | 165 replies
The only thing that spreads faster than a wildfire in a 100mph wind is everyone's "expert" opinion.I think people visualize an amber quietly floating through the night sky like in an old Lassie movie.
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14 January 2025 | 329 replies
The new buyer may have enough money to float the mortgage till this is over or they may offer the non-paying tenant cash for keys, who knows but give it a shot for 60 days to see if you get any offers.
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16 December 2024 | 2 replies
The bottom line is, the strategy can open doors you didn’t even know existed.. it’s not just a tax hack, it’s a wealth-building strategy that rewards a little patience and a lot of foresight.If you’re floating around Chicago, Omaha, or even dipping your toe in the Phoenix or San Antonio scenes, I’d love to help you navigate this territory.
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9 December 2024 | 38 replies
Most credit cards give you 21-28 days on your float before the closing date, plus the 3 weeks or so before the due date, so the savvy credit user can actually sometimes float 5-7 weeks of credit with $0 reported depending on due dates and closing dates.
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17 December 2024 | 20 replies
Hi Scott, consider USFR for zero risk cash, earns 5.4% holding 8 week Floating rate note US treasuriesor for mild risk cash, consider BKN - BlackRock's Muni fund, earns 5.6% tax free, which for you would be >9% tax-equivalent yield, and if rates fall, the BKN etf will rise considerably, which though will be capital gains taxable :(, It holds intermediate term Municipals that are all GO, general obligation, so they can always tax us dumb schmuck citizens to pay off the notes instead of defaulting, so low risk but not zero risk for cash. ie (Orange county '90s)Inflation has already resolved, the 3 month trailing core PCE is at 1.5%, well below FEDs 2% target, so they will likely start cutting soon as the 12 month trail falls in line, that's why Powell changed his verbiage so much last Wednesday, and FOMC minutes speak of 150 bp cuts before the end of December as their expectation per their Dot Plots, the only question remaining is consumer spending,(>60% US economy), if falling like McDonalds/Starbucks/Uber saying then unemployment will accelerate and then possible recession, then 10yr yield falls even more, and bonds values would rise like Mike just said above.
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15 January 2025 | 144 replies
Or you could utilize both like I do and know that you always have a way to create a float of your funds.
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12 December 2024 | 18 replies
Floating rate debt is a ticking time bomb on them.
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3 December 2024 | 16 replies
Active real estate investing doesn’t seem to float my boat.
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12 December 2024 | 49 replies
From talking to locals, there's a couple of issues than need to be addressed, some are the non-ecological practices that some of those developers have, unfortunately, our government profits from this investors and allows them to destroy manglers (which are the natural water purifying system of that area) dismantling hectares of mangroves and degraded the habitat of resident and migratory species burying animals alive.There's proof of fecal material floating beneath the city of Tulum, only 20% of the water is sent to the water treatment plant, there's no infrastructure for the exponential growth.The landfills in the middle of the jungle that is leaking hazardous pollutants into the freshwater system and that something that developers won't tell you.I love my country and it would be a disaster for everybody if this place ends up like some other great beaches around the world, that are completely ruined by greedy investors not following the rules.There's no urban or comprehensive master plan, and one of the risks is that Tulum will be like Playa del Carmen is today, overgrown and with environmental devastation.I will advise doing a lot of research before getting something in Tulum, different country, different rules, and practices.