The stock market is no different, to maintain profit, you need to have some in-depth knowledge on the market

True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

my partner’s been considering going the same route, could you share more info please on the advisor that guides you.

Annette Marie Holt is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

Don't forget the property tax on that.

I pay $250,000.00 a month only because I moved 1,920 miles away from John Travolta.

Exactly

​@@Omar_ZazzleMust be a large home to be paying $250K a month. 😂

Property tax is around 1.25% of appraised value.

from my study, prices of great assets like real estate, dividend paying stocks, and gold never come down, so I buy what I can afford today. ideally, seeking financial advice in a crucial economy is necessary for everyone

I concur with your comment, personally I've avoided drawbacks of uncertain times by simply following guidance from a reputable advisor, and have been able to increase my savings by at least 300% since late 2019, just before rona out-break, summing up nearly $1m after subsequent investments to date. I'm semi-retd now, and only work 7.5 hours weekly.

That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

Marisa Michelle Litwinsky’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

Well we’re not asking you😅😅😅 to

🤣🤣🤣 Two different landlords tried paying me to move OUT of Oakland. Hell no! Rent control, baby.

They are right. We will own nothing and be happy.

Wow! You could have bought two houses and be sitting pretty at this point but you didn't

@@danasmith858 😆 Hardly. My first rent was $50 a month, and even now it's below $900 (including gas for heat and cooking). Doubt I'd have enough for a down payment on one house, let alone two. And again, I don't want a house. When the roof leaks or the toilet cracks, it's the landlord's problem. As for sitting pretty, you betcha. I'm on the top floor, with a million-dollar view of San Bruno mountain , the marina, and all kinds of trees in between.

These kind of people are flooding mental health facilities anxiety, depression from losing jobs don’t have money to pay rent or mortgage. Let no talk about the elderly they come in saying that their homeless no place to stay. I never seen nothing like this very scary what this country have become.

I’m inheriting a house from my parents but I’m going to sell it and rent

You want to purchase with a low interest rate even if the home price goes up. You will have a smaller mortgage.

When???? Dude, they won't fall below 5% ever!

@@jfloresdrums Not with geriatrics in charge, they don’t care and are out of touch.

@@jfloresdrums not if there is nothing systemically broken in economy. If something breaks all bets are off

I do not think people want to live in Vallejo. Still pricey and crime is a factor.

Texas property taxes are astronomical

@DonP-gf5hn you are right, but it all depends on where you move to and the price of the house, with no state income tax you might save a little bit more every year, then living in California, gas here is only $2.85 to $3.15 the regular.

@@DonP-gf5hn Texas property tax rate actually decreases as the house gets older, and there is something called homestead exemption, so over time the property tax amount is really not that bad. Plus, you can appeal the property value every year and may get to pay less property tax. Don't forget that the Texas property value is a lot lower too, so the overall property tax one pays is still lower than what you would pay in California. Texas also has no income tax and with everything a little cheaper, you get a lot of bang for the buck. Texas' way of keeping the property tax rate high and allowing building more houses more easily really helps keep the housing prices a lot lower and more reasonable. Houston's way of accommodating homeless population to townhomes and condos since a decade ago also helps with reducing the homeless population. I also think the high-tech industry should consider disperse the whole industry a bit more and there is no need to only stay in a small strip of area like in the Bay area. The US has a lot of land. Why not relocate the headquarter to states like Texas, or the Midwest states with more spare land?

Exactly

It could get gentrified

Vallejo really is an outlier 😅 💯

Vallejo definitely does have a fair share of crime. However, so do many other cities now. I know people who live in Walnut Creek and Danville facing similar problems. And cute little Emeryville is number 1 in crime right now. Crime is rampant everywhere in California right now. Vallejo has pockets. Some pockets are good and some are bad. I thankfully live in one of the safer pockets. You just really have to ask around and find out where the safer locations are (ie East Vallejo). The city has a lot more to offer other than crime.

I have a solution! An affordable house design that would give you the lowest total cost of home ownership over 30 years. How do you produce a vast amount of something affordable and still make a profit? The solution is: Show builders how they can make a profit producing affordable housing. Modern manufacturing techniques of scale need to be employed to drive down the cost of housing. A profit must still be made! Without the economic incentives nothing will ever get done fast enough. We can't continue building structures of such excessive cost if we want affordable housing. Manufacturing on a large scale is the only way to produce 500,000 homes in 5 years. 100,000 additional new residences every year would be a building boom which would lead to an economic boom which would lead to more jobs. To facilitate large production runs a common plan with few variations must be arrived at. Without such a plan we have no chance at mass production or solving the affordable housing shortage in our lifetime. The modular home building industry in California is well suited to solve CA's problem. By forming a co-op, the California modular home builders could ensure profits, minimize risk, and gain access to the three million Californians currently renting. California modular home builders could agree to eliminate competition on this common house design and mass produce two models of house simultaneously. We should be building affordable homes as fast as we built bombers in 1944!

70 % of home bought by wall street institutional investors and doing price jacking.

Oh, no kidding.🤣 I gave up on buying a house around here 30 years ago. It helps that I don't need a big old house. Thank goodness for rent control.

It's almost a wash when you first buy a house - it is only over time when inflation goes up and you can get rid of mortagage insurance and refi that you can gain by buying - but then you have all the the others costs - especially if something goes wrong.

She said if ya broke renting...you would be in foreclosure if you bought.

@@captngque¿

The moment you save money your insurance charges you double and you have to buy a battery for your car

Really? That cheap? Dang I need to check that out

Promote this more.

Heck … rent it for $5 a day !

Empty talk. Tell us what beach.

@@Western-3rdSt. in the province of PH

How you say that with certainty?

By your logic, supply will never increase and demand will never die down?

Not in San Francisco. It's a prime target for overseas criminals to "invest" in housing and clean up their dirty money. That's why there are so many vacancies unadvertised. Nobody with any sense wants to be a landlord.

​@@Jonathaneve5Because home values are the same as they were in 2019. It's the dollar that lost half its value

@@mg-by7uu I’m pretty housing market is driven by “supply and demand.”

OMG, some of this is totally about those midnight infomercials convincing people that anyone and everyone should be a landlord. 🤣🤣🤣

Overpriced property values, and increased property taxes go in tandem, at 150k you could afford the property taxes, at 700k for the same place, can you still afford the property taxes?! Another housing bubble.... something has to give

Some years ago, banks were offering no-money down deals on houses. I had sales folk calling daily to say, "No really! Even if you have no money I can get you into a house." They even let people slide on the first year's mortgage payments, AND gave them cash kickbacks. A lot of those houses wound up in foreclosure.

I have a solution! An affordable house design that would give you the lowest total cost of home ownership over 30 years. How do you produce a vast amount of something affordable and still make a profit? The solution is: Show builders how they can make a profit producing affordable housing. Modern manufacturing techniques of scale need to be employed to drive down the cost of housing. A profit must still be made! Without the economic incentives nothing will ever get done fast enough. We can't continue building structures of such excessive cost if we want affordable housing. Manufacturing on a large scale is the only way to produce 500,000 homes in 5 years. 100,000 additional new residences every year would be a building boom which would lead to an economic boom which would lead to more jobs. To facilitate large production runs a common plan with few variations must be arrived at. Without such a plan we have no chance at mass production or solving the affordable housing shortage in our lifetime. The modular home building industry in California is well suited to solve CA's problem. By forming a co-op, the California modular home builders could ensure profits, minimize risk, and gain access to the three million Californians currently renting. California modular home builders could agree to eliminate competition on this common house design and mass produce two models of house simultaneously. We should be building affordable homes as fast as we built bombers in 1944!

😆🤣

That ship has sailed, though. Used to be, people bought houses to raise their families and be good neighbors. These days a house is an "investment," and everybody's worried about the NEXT buyer. So Americans are afraid to paint their own walls pretty colors, or hang pictures, or plant tomatoes in the yard. 😢

Wish people could find other ways to invest and make a profit. Housing is so essential for a life, and everything that comes with that stability.

There’s a lie media wants you to believe. Only 2% of homes are owned by institutions. 40% of people own their home all cash- no loan. Don’t fall for the lie:-)

@@ct6852Lowering the rates helps regular people purchase homes. You get more house for your money even if the price goes up a bit.

​​@@ct6852 no investments means less new construction , less homes and higher prices

Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

The very first time we tried, we invested $1000 and after a week, we received $5900. That really helped us a lot to pay up our bills.

Getting Arleth Coronado to help me really helped me clear all my debts. I started with what I have left and it's been the best decision I ever made.

She's the best honestly I'm also a beneficiary. This inflation has taught people the importance of multiples income investment helps alots..

she's mostly on Telegrams, with the below user name.

Yup

I agree, consumers have to put their foot in the ground and just say prices are too damn high. But as long as people with money are willing to buy a home worth 900k for 2.1 million… prices will stay unrealistic.

@@Soapboxwarrior Problem in the Bay Area is that the market isn't driven by US consumers. Most real estate in San Francisco these days is snapped up by people from China, Saudi Arabia, Dubai, and India. For CASH, which needs to be laundered some kind of way.

@@nancymcmonarch Statistic shows that foreign buyers are around 2%. It's the institutes who takes 40% of real estate purchase.

that's such a dumb take.

@@Frenchieeeee how so? Talk data not emotions:-)

​@Frenchieeeee yeah they are thinking of paying straight cash. Must be nice...

@@mfo7611 40% of homes in America are cash paid off- no loan

The prices are high due to inflation, not supply restricted.

I have a solution! An affordable house design that would give you the lowest total cost of home ownership over 30 years. How do you produce a vast amount of something affordable and still make a profit? The solution is: Show builders how they can make a profit producing affordable housing. Modern manufacturing techniques of scale need to be employed to drive down the cost of housing. A profit must still be made! Without the economic incentives nothing will ever get done fast enough. We can't continue building structures of such excessive cost if we want affordable housing. Manufacturing on a large scale is the only way to produce 500,000 homes in 5 years. 100,000 additional new residences every year would be a building boom which would lead to an economic boom which would lead to more jobs. To facilitate large production runs a common plan with few variations must be arrived at. Without such a plan we have no chance at mass production or solving the affordable housing shortage in our lifetime. The modular home building industry in California is well suited to solve CA's problem. By forming a co-op, the California modular home builders could ensure profits, minimize risk, and gain access to the three million Californians currently renting. California modular home builders could agree to eliminate competition on this common house design and mass produce two models of house simultaneously. We should be building affordable homes as fast as we built bombers in 1944!

lol. You’re so wrong

In regions where that's happening, the solution is obvious. LOWER the goddamned PRICE!

It depends. In my neighborhood in a small town in CA, houses are sold in days. It is mainly because of the school districts from grades school, to junior high and senior high, and 4-year college.

In San Francisco, Americans can't even compete in the bidding wars with criminals from overseas who need to launder their CASH.

I have a solution! An affordable house design that would give you the lowest total cost of home ownership over 30 years. How do you produce a vast amount of something affordable and still make a profit? The solution is: Show builders how they can make a profit producing affordable housing. Modern manufacturing techniques of scale need to be employed to drive down the cost of housing. A profit must still be made! Without the economic incentives nothing will ever get done fast enough. We can't continue building structures of such excessive cost if we want affordable housing. Manufacturing on a large scale is the only way to produce 500,000 homes in 5 years. 100,000 additional new residences every year would be a building boom which would lead to an economic boom which would lead to more jobs. To facilitate large production runs a common plan with few variations must be arrived at. Without such a plan we have no chance at mass production or solving the affordable housing shortage in our lifetime. The modular home building industry in California is well suited to solve CA's problem. By forming a co-op, the California modular home builders could ensure profits, minimize risk, and gain access to the three million Californians currently renting. California modular home builders could agree to eliminate competition on this common house design and mass produce two models of house simultaneously. We should be building affordable homes as fast as we built bombers in 1944!

Cash out on home equity

💯

Yeah try convincing home owners who want to minimize supply to grow their wealth. Btw that home owner also happens to be the voter. Good luck lol😅

Construction cost isn’t cheap either. How much do you think it’s gonna cost to build a house giving the high price of materials and labor?

Corporations and taking up the housing stock

Every city needs a welfare project? Protect your bums like your criminals?

That's what those tents and motorhomes on the curb are.

The corporations will come in and buy the low income housing

Dorino, there are SO many vacant office buildings in San Francisco, Oakland, San Jose, etc. During the pandemic, Americans discovered that we love working from home. If I had a bazillion dollars, I'd snap up one of those buildings for pennies on the dollar and turn it into apartments or condos.

San Jose 40 years ago! ❤ When I first moved to California, I stayed with friends in Sunnyvale, who were renting a house for ONE thousand dollars a month. What's now overpriced Silly Valley used to be acres of farmland and orchards; it was truly lovely. Now I can't even stand to drive there, it's so ugly.

That was why I escaped from the Bay Area. DeAnza community college was in the middle of orchards. Today it is hidden in a housing jungle. 😢 So does Mission College.

@@jlseagull2.060 Where did you escape to, and how?

No, Cara, rent in Oakland is going WAY down. Whenever I go out driving or walking, I see "FOR RENT" signs. My building now has five empty units out of 18, because the "overflow" people got tired of paying $2500 a month for no elevator, no pool, and no doorman. Thank goodness for rent control. I pay $872.

And it will happen, soon as some of these owners of empty office buildings wake up and realize that Americans prefer working from home. The smartest ones are selling for pennies on the dollar. Sooner than later, many of those empty office spaces will be apartments or condos.

That helps cash buyers and investment firms. High interest rates affect regular people getting a mortgage.

@@teri03yep, it is already happening whether the interest rate is low or high. Money power.

@@jlseagull2.060 When the interest rates go lower, Boomers get incentives to sell. With these rates Boomers are forced to keep their SFhomes off the market.

Most people I know make $400,000 or more. I know many people with $4 million dollar homes.

I couldn't stay here if not for rent control. Moved into this apartment 28 years ago, and yep, this is where I'll die. Neighbor across the hall who moved in last year pays three times my rent. RIDICULOUS, and half the apartments here are empty. Pure GREED has made California a place where few people can afford to live.

@@nancymcmonarchmy work colleague has a family of 5 and moved into rent controlled properties a friend gave him his most recent lease.

There won't be a reset because they've been secretly doing trillions in bailouts the whole time

Exactly! And Oakland too! Stay as far away as possible.

There are quite a lot of mid-level techies ( with 5 to 10 years of work experience) cashing out their stock options when the stock prices have gone up a lot. Just in case you do not know, NASDAQ has already broken new records a few times this month.