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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: lizardK who wrote (5549)	2/20/2018 8:54:23 PM
From: Kirk ©	2 Recommendations Recommended By Brian Sullivan robert b furman Respond to of 26673

I'm not sure I'm willing to pay the penalty to get the extra $250K exclusion... We each have our own homes about 1 mile apart... a nice walk or short drive and priceless being able to do what I want to do... (I came with a defective "yes dear" so I'm not easy to live with... Now and then the truth comes out and she blurts "you're not obedient! ) :) 1% savings... one reason I taught myself to invest was I figured in the late 1980s I'd want to get to $1M and that even 0.1% a year times 40 years is significant... and 1.0% a year compounded is HUGE! Most just don't get the power of compounding... how you make HUGE sacrifices to buy a home in a nice area then hold it "forever" and eventually it is paid off and the property taxes and utilities are a fraction of what it would cost to rent a 2b/2b apartment nearby!

To: lizardK who wrote (5549)	2/20/2018 11:59:42 PM
From: PJr	3 Recommendations Recommended By Investor Clouseau lightshipsailor robert b furman Read Replies (1) \| Respond to of 26673

Don't be surprised if these days in California will be viewed by Californians as the good ol' days in another decade. I don't think Californians realize how much more of your income the State will be taking to pay for the growing costs of your social experiment. It's possible that there will be no better time to sell homes than the present. Your politicians have creative minds and a limitless appetite to spend your money. PJ