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  1. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    I just listened to a book about Tesla. It said that Tesla is 5 times as profitable as other car companies because of their design, process, and assembly of their cars. They use a fraction of the parts compared to other vehicles. And their assembly line works much better. Between robotics and...
  2. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    I'm a RE investor, so I have a different point of view.
  3. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    I've been trying to figure out how AI can help me with my bookkeeping chores. I haven't figured it out yet.
  4. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    I agree on major events. It's more influenced overall by the business cycles and more general economic trends for most major stock market moves. I am invested in a small portfolio of mining related stocks right now, so following their development steps is the news that I follow. I bought some...
  5. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    Uh???? Housing is remarkably tied to supply and demand. It's equally tied to local zoning and building laws, rules, and ordinances that strangle new development to restrict the supply. The stock market has fewer shares available than in the past. There are also more investors than in the past...
  6. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    My stocks went down quite a bit at the end of last week. So did gold on the spot market Yesterday and today, those markets are headed back up. I'm not seeing news that would have pushed those prices, but the market moves in mysterious ways many times.
  7. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    Our Progress: We just got home from Idaho. It was an unplanned trip, but it went very well. My mother-in-law (husband’s mother) turned 90 years old last week. His sisters had a big birthday party for her over the weekend. We were going to attend by Zoom, on the computer. But in the middle of...
  8. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    Is this person crazy or what?????
  9. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    I wasn't talking about the end of the world literally. I get emails from him regularly. His tone sounds pretty glum a lot of times. I agree with some of his points and disagree with others. He has indicated that he believes we're at the end of major political and economic cycles right now. I'll...
  10. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    I too have read these books and I've followed him over time. I have balanced his info with other's thoughts. He seems to think that the end of world is coming soon. That feels a little bit over the top for me. Yes, I agree with some of his premises. We have normal cycles in just about...
  11. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    Usually, it's simply supply and demand. Right now, it feels like there are some emotional considerations. And this is following on the heels of when some international banks had negative interest rates a few years ago? Sounds like they are parking some of their money to wait out the markets...
  12. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    I'm all for peace too. We'll see how it all shakes out. I've seen a lot of ups and downs over my working years. I have completed my 50th year in the RE business. I'm supposed to be retired, but I'm not very good at it. Now I just invest and watch the markets. I've been playing around with...
  13. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    Um... Yes, it's a painful change for Europe and other areas that have fallen under the US's economic and military umbrella. I don't think the EU can grab their dollies and go home. They’re too far in the corner that they have made for themselves through public policy. This relationship with the...
  14. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    Yes, I know that most of the EU is really, really, really mad at us -- especially since Trump is insisting that they carry their own weight. So is Canada. Do they have the collective economic clout and the will to set global gold prices and to change the reserve currency? I'm not sure how that's...
  15. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    Most of the time in the past, the stock market and the RE market, in general, both react inverse to the price of gold. This time, the stock market and gold are both up at the same time. Uh? Gold is usually a safe harbor for parking cash during uncertain times. It has no cash flow stream or...
  16. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    There have always been people, surrounded by their followers, waiting for the end to come. Some actually sell their goods and physically sit on the top of a mountain at the time they are expecting it to happen. Some are solitary. I had a cousin who became obese while sitting alone on his...
  17. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    Our Progress: We’ve been working on rentals. Two new tenants have moved in. The third is in the final stages of getting it ready to rent. We’ve installed a new a new furnace and stack. And we’re cleaning and painting the interior. I’m starting to look for a new tenant for it. It has a large...
  18. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    I looked at my stock portfolio this morning, and it jumped way up this morning. I have a concentration of mining stocks in different development stages. The price of gold was more than $5K this morning. Silver is also up -- both at record highs. I knew I had good reasons for each of the stock...
  19. WJK

    Stock Market Discussion, Chat About the Latest Market Action

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    That's good TSLA just got the first lithium facility up and going in TX.
  20. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    Can your current client list translate into the new business? Are you going from generating and servicing your own clients to finding clients through other salesmen and ads.
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