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  1. JordanK

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    I think in Europe especially people's reactions to this whole crisis are dependent on how their parents generation lived. For example, in the 1980's Ireland was the "poor man" of Western Europe. My mothers house didn't even have central heating and the bathroom was an outhouse. Someone like me...
  2. JordanK

    Correct real estate strategy for someone like me (Ireland)?

    REAL ESTATE 
    Biophases strategies are good but his approach is naturally from an American perspective. The banking rules and requirements along with the tax laws are massively different here making some things more advantageous to do than others. As Fox alluded to, trying to purchase a property while self...
  3. JordanK

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    Lots of van conversion videos going viral here in Ireland at the moment. Mainly for tourism purposes during the summer but I know of a few students renting parking spaces in front of houses in the city to live in their vans Monday-Friday (4 nights). Then they spend the weekends back at their...
  4. JordanK

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    Inflation hitting me where it hurts :'(
  5. JordanK

    The Worldwide C0VlD-19 Coronavirus Pandemic Discussion Thread...

    HOT! 
    I still can’t travel to America as I haven’t been vaxinated. ITS MAY 2022! I gave out a lot about my government during lockdowns etc but at least they were one of the first to completely scrap all the measures. More and more of Europe are doing it too. Check out this website for travel, enter...
  6. JordanK

    A question about real estate

    REAL ESTATE 
    You will make mistakes in the beginning. You'll overspend on stuff, hire unreliable help, bad tenants. It's all part of the learning curve. If you do end up house hacking you'll start to learn a lot of general maintenance skills from YouTube. You'll also hire tradespeople and annoy them by...
  7. JordanK

    Elon Musk acquires Twitter, Discuss

    HOT! SOCIAL MEDIA CHAT 
    I think the point O'Leary was trying to make is while Twitter doesn't count every single citizen as a user. Every single political and journalist type uses the site. So trending topics and points of argument influence political policy and are pushed out by the journalists to more mainstream...
  8. JordanK

    How does a culture survive when a whole generation refuses to work?

    MINDSET 
    There are a few different things pushing this in my opinion as a 24 year old from Ireland. Rent prices being so high especially in cities means younger people are more willing to live at home and earn less. Why bother moving into the city and having all your income hoovered up in rent costs...
  9. JordanK

    Elon Musk acquires Twitter, Discuss

    HOT! SOCIAL MEDIA CHAT 
    Tesla and Twitter are structured entirely different at a shareholder level. At Tesla Musk has supervoting shares which allows him to control the company completely. Twitter before it went private was governed by normal shares so it was a simple majority rules.
  10. JordanK

    Elon Musk acquires Twitter, Discuss

    HOT! SOCIAL MEDIA CHAT 
    Not sure how it was much better previously when it was owned by companies like Blackrock, Vangaurd, Morgan Stanley and the Public Investing Company of the Saudi Arabian government.
  11. JordanK

    Elon Musk acquires Twitter, Discuss

    HOT! SOCIAL MEDIA CHAT 
    Yeah, not much detail online either regarding a situation like this. I would presume that a majority of the shareholders have to vote in favor of any deal so at least 50% of them will be making a profit. Others could also write the loses off against tax if they determined that this was probably...
  12. JordanK

    Elon Musk acquires Twitter, Discuss

    HOT! SOCIAL MEDIA CHAT 
    Unleash THE DON! lol
  13. JordanK

    Impact of Rising Interest Rates in the Real Estate Market

    INVESTING 
    https://open.spotify.com/episode/0OagHmkT2OOfzHsmJsTue0?si=9c9d126df86645e8 Very interesting episode on Ireland's biggest business/economics podcast. Coincidentally I shared the episode with my father and it turns out he grew up alongside the guest speaker out in the middle east. The episode...
  14. JordanK

    Impact of Rising Interest Rates in the Real Estate Market

    INVESTING 
    Yes, I think the consumer sentiment side of things is also very interesting. Usually if times turn bad and people can't afford to pay their mortgages they drop out into the rental market. As things stand here in Ireland most mortgage payments are much more affordable than rent prices. We also...
  15. JordanK

    Impact of Rising Interest Rates in the Real Estate Market

    INVESTING 
    I was going to DM some of the more experienced forum members directly but decided that the answers provided would be of good use to everybody here in the community. My question is.. as a 24 year old involved in Real Estate. For the entirety of my life and many other investors of similar age to...
  16. JordanK

    The Ukraine War, implications, outcome?

    HOT! CHAT 
    I bought Diesel and put it into storage container drums at 1.85 euro a litre 5 days ago. It's now 2.10 euro a litre. Should have stocked up even earlier... it was like 1.60 euro two/three weeks ago. For comparison... these prices are like 8-10$ a gallon. Government excise duty cuts to...
  17. JordanK

    The Ukraine War, implications, outcome?

    HOT! CHAT 
    It's a little bit more complicated than that but it's definitely a factor. Many speak English or French as secondary languages due to the colonial past of some of these countries. Why would you stop and live in Italy for example when you don't speak the language and need to find work...
  18. JordanK

    The Ukraine War, implications, outcome?

    HOT! CHAT 
    Conor is a Man United supporter so I think it'd be weird for him to purchase Chelsea. I don't think he has the funds to do it anyways. Possibly as part of a larger consortium where he is a minority shareholder. For example, I am a Liverpool FC supporter and Lebron owns 2% of the football club...
  19. JordanK

    The Ukraine War, implications, outcome?

    HOT! CHAT 
    Interesting to see news reports that Biden has sent representatives to meet the Venezuelan government. Presumably to get access to their oil if the US & Europe decide to stop buying from the Russians. The previous administration sanctioned the Maduro government and recognized Juan Guaido as the...
  20. JordanK

    The Ukraine War, implications, outcome?

    HOT! CHAT 
    Just because the media lied about things during the covid lockdowns doesn't mean Russia is justified in invading another country. If CNN said tomorrow that MJ DeMarco was the best entrepreneur ever, half of you would suddenly turn on him just to be on the opposing side. Kind of crazy how many...
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