tag:blogger.com,1999:blog-27697009.post8209169393789504662..comments2024-02-29T03:21:35.007-08:00Comments on The Great Depression of 2006 : The Rush to Buy Investment Rentals.Jim in San Marcoshttp://www.blogger.com/profile/09435296419912935381noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-27697009.post-74759516406422940922016-10-14T19:30:32.434-07:002016-10-14T19:30:32.434-07:00I just don't know Jim. I'd like to see the...I just don't know Jim. I'd like to see the real stats and facts regarding the military/industrial complex. Hard to think that it is fading and impotent. If this is so, then I guess we've reached the stage that the Roman Empire did when they couldn't pay their soldiers any longer and the military turned on Rome. That was one of the bigger points contributing to the end of that empire.AIMnoreply@blogger.comtag:blogger.com,1999:blog-27697009.post-33587327645979472762016-10-14T19:26:28.909-07:002016-10-14T19:26:28.909-07:00"The Obama administration has been one of the..."The Obama administration has been one of the worst administrations in history."<br />For the globalists, he is doing a great job (at dismantling the USA). A+<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27697009.post-71269437697707442072016-10-12T21:03:27.719-07:002016-10-12T21:03:27.719-07:00Hi AIM
You can't run a military if you don...Hi AIM<br /><br />You can't run a military if you don't give it money to run on. We spent trillions on a war in the middle east, and got nothing. We don't have more to spend.<br /><br />You can claim that all the government has to do is print more dollars, but at some point that fails to work. Printing more dollars does not grow food or produce product. If it did, there would be no reason to work or pay taxes.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-15844144389157884102016-10-12T17:26:32.695-07:002016-10-12T17:26:32.695-07:00I'm confused Jim. What about the trillions bei...I'm confused Jim. What about the trillions being spent by US on "wars" in Middle East? What about the costly 800+ overseas military bases that the US maintains? And if Hillary gets us into a big war (with Russia, China, N. Korea) wouldn't the Federal Reserve just "print" the necessary money to create the financial war chest needed to facilitate the war? And couldn't they just do this over and over? I think that the military/industrial/congressional/security complex is alive and doing well. They are busy fighting (profiting from) "terrorism" right now.AIMnoreply@blogger.comtag:blogger.com,1999:blog-27697009.post-17689310469939442732016-10-10T20:16:42.742-07:002016-10-10T20:16:42.742-07:00Hi AIM
I beg to differ. I work at Camp Pendleton ...Hi AIM<br /><br />I beg to differ. I work at Camp Pendleton a Marine base. The military budget has been cut 2/3's. You don't see it happen all at once because budget requisitions are factored in over a 5 year time line. Each following year gets worse. This first started being noticed two years ago, they were terminating marines with 18 and 19 years of service so they wouldn't have to cover their retirement. That's a real cheap shot!<br /><br />A money spending Congress enwrapped in social spending programs and a gutless President have reduced us to a third world country. We have a military that is flat ass broke with no money for personnel or guns.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-49231067276232560282016-10-09T12:42:32.714-07:002016-10-09T12:42:32.714-07:00Well Jim...
It's hard for me to even consider ...Well Jim...<br />It's hard for me to even consider Trump as our next president. The Deep State, the establishment, the Power Elite, or whatever you want to call these deep rooted controllers, will stop at nothing to prevent anyone from disrupting or dismantling this system that they have created and control. They will maintain their power, strengthen and expand their power, and continue to ride the gravy train and take all the perqs. They'll even take us to war to achieve it.<br /><br />Plus, a president can't do very much in regard to these controllers. A president would have to root out the Deep State, dismantle the NSA, CIA and FBI, overtake Congress, The Supreme Court and The Federal Reserve and put them all onto a proper course.<br /><br />The military/industrial/congressional/security complex will never be taken down by a president (a position that has now basically a figure-head and a puppet).aimnoreply@blogger.comtag:blogger.com,1999:blog-27697009.post-73950613496548008512016-10-07T22:32:12.171-07:002016-10-07T22:32:12.171-07:00Hi AIM
Vote Trump. lets hope that things get bett...Hi AIM<br /><br />Vote Trump. lets hope that things get better from here.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-57415770641713156212016-10-06T12:27:22.070-07:002016-10-06T12:27:22.070-07:00That 3/4 of businesses in the US fail is a testame...That 3/4 of businesses in the US fail is a testament to the unworkability of the horrid educational system our government has created, the unconstitutional action of taxing production through income tax, and the oppressive regulations the government has foisted upon small and big business. Our government is our worst enemy. The Obama administration has been one of the worst administrations in history. <br /><br />Basic financial intelligence, accounting and business should be taught in high school. A HS student graduates today without even knowing how to balance a checkbook! Allowing for the understanding of basic principles of business and finance would drop that 3/4 statistic quickly. Marketing is a key subject.<br /><br />Example: I've seen so many people start businesses and lose it all and fail because they had an idea that THEY liked and thought would be a great business. They didn't operate from the principle that they are supposed to deliver value to the community, deliver what is NEEDED and WANTED by the community. They didn't survey the public beforehand to see if their product/service was something they needed. More effectively, they should've surveyed the public to find out what THEY needed/wanted and what was value for them (find a need and provide for it). Duh! If people just knew this principle after leaving high school that 3/4 statistic would go down to 1/4. <br /><br />The US government is the people's and our society's worst enemy. Lack of ethics, false data, corruption, manipulation, propaganda, greed, power, incompetence, cluelessness, etc. by the government and the power elite that manipulate it.<br /><br />Hillary vs Trump? What a joke. Idiotic children. There are no real leaders. We're doomed no matter what. And we've been doomed since FDR.AIMnoreply@blogger.comtag:blogger.com,1999:blog-27697009.post-2944838582357310542016-10-05T21:17:16.039-07:002016-10-05T21:17:16.039-07:00Hi Joseph
Your good, if you are following our ton...Hi Joseph<br /><br />Your good, if you are following our tongue in cheek discussion, you don't qualify for the Christmas goodies of a goat and a bale of hay.<br /><br />Have a good dayJim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-87410598517414277682016-10-05T11:05:42.742-07:002016-10-05T11:05:42.742-07:00About 3/4 of businesses fail. It takes something s...About 3/4 of businesses fail. It takes something special about a person or just plain luck, timing, etc for one to be successful, even after several tries. Plus, what is successful? Some people need very little money to live on.<br /><br />Bottom line, there are no rules. Heck, 10 year old kids who saved their baseball cards in the 1950's could reap huge profits decades later. There are opportunities popping up all the time. Many take advantage of them for non financial reasons.Then, sometimes financial situations come along that make sense no matter what happens in the future, barring catastrophe.<br /><br />If I were younger, regarding the current bank cross selling in the news, I am bombarded with offers up to $500 to open up new accounts. One could make thousands of dollars in a short time. Most people don't even understand what saving is. It's not about earning interest, though that is often a bonus. One can double their money just by adding the same amount.. Plus, pretty much everything is negotiable.Joseph Oppenheimhttps://www.blogger.com/profile/09037175611181710409noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-57368690106818054302016-10-04T20:35:55.119-07:002016-10-04T20:35:55.119-07:00Hi AIM
I agree with you.
One elusive thing abo...Hi AIM<br /><br />I agree with you. <br /><br />One elusive thing about owning real estate in any form, is that it is highly visible for governments to tax.<br /><br />And of course, if government passes rent controls, you lose your investment.<br /><br />Your right about forgetting retirement. I'm somebody at work, and a nobody when I get home.<br /><br />Take careJim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-47754541045805023652016-10-04T20:14:21.628-07:002016-10-04T20:14:21.628-07:00Hi Shadow Hill Horse
The hat you are wearing sugg...Hi Shadow Hill Horse<br /><br />The hat you are wearing suggests that it blocks your view somewhat, you might want to cut some holes in it for your ears so you can see better.<br /><br />As for rental real estate, within one mile of my house, is a brand new 300 unit low housing structure. They are offering 3 bedrooms for $2,500 a month. We are renting a 4 bedroom house for $1800. That rental project has been completed a year and I would guess that it has 10% occupancy. Within 3 miles of my place there are several larger rental complexes going up. I would guess that from the planning stage to the open house is about 6 years. These should be online by next May. You have to travel about 8 miles out to see new home building. My point in the article was to illustrate the misappropriation of financial resources to get a better interest rate on your saving. <br /><br />This diversion of investment capital to building what we don't need more of, is stupid. As long as it cash flows they will build them until is doesn't. It reminds me of Africa many years ago when cattle were considered wealth. More and more cattle were bred and fed. Everyone was cattle rich. Then the price of hay tripled in price over a year and most of the cattle starved to death. Many of the cattle investors died of starvation, a direct result of their bad investments. People think that famines in the rest of the world are caused by crop failure, and that is not necessarily true--no money no food.<br /><br />What in the world makes my thinking "antiquated?" Try living in a three story condo, your parking lot is a traffic jam. Your hall ways are full of dirty diapers, dog crap, beer cans, smell like cigarettes and the loud music keeps you awake nights.<br /><br />Your "God Bless and Good Luck." mellowed me out a tad. I might know who you are. So at Christmas time, if you find a goat at your front door with a bale of hay, you'll know its from me. Of course the other 5 people that get a goat and a bale of hay will have no idea what this is all about.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-1637428006666802212016-10-04T16:12:16.009-07:002016-10-04T16:12:16.009-07:00Real estate (i.e., valuations and cycles) has been...Real estate (i.e., valuations and cycles) has been perverted by monetary and fiscal policy and banking shenanigans. It isn't in a natural state any longer. Hard to forecast based on fundamentals. Perversion. Who knows how things will go in the future. One thing is for sure: developers got killed and are wary so new construction is very low. Yet, people are having children, people are becoming adults, people are getting jobs, people are coming into the country, etc. etc. so there will be demand for housing and a shortage of inventory. Hard to tell how this will play out with all the government intervention going on.<br /><br />Every investment vehicle today is questionable, dangerous and unpredictable. Rental properties can cause a lot of difficulties to the owner (tenants, maintenance, repair, property taxes, government regulations, tax code changes, liability exposure, etc.). <br /><br />The best investment is a successful business that you own and run. Most people can't confront this. Yet it is the best guarantee of a stable future. Forget retirement (it is a false concept anyway). AIMnoreply@blogger.comtag:blogger.com,1999:blog-27697009.post-20259166059262071612016-10-03T22:46:28.893-07:002016-10-03T22:46:28.893-07:00Dear Jim,
Please spend some time out of your 20 mi...Dear Jim,<br />Please spend some time out of your 20 mile radius and you might see things differently. You seem to miss the fact that the entire world wants to move to move to certain locations that you take for granted.<br />In any case case, your way of thinking is antiquated and if you don't see that..ask yourself this the next time there you are stuck in traffic, "where did all of these people come from and where are they going?"<br /><br />god bless and good luck,<br />shadow hills horseAnonymousnoreply@blogger.com