Market Watch

[ultrarunner]

Many in the Bay Area have a litmus test... single issue stand is yes/no and others expand very slightly on the single issue.

Probably as many reasons as people when you think about it...

It only takes a very small well organized group to organize communities and everything stops.

Housing is a good example with plans and challenges years in the making and costly...

Several projects years in the making and now approved are going no where... no longer viable with vacancies soaring, costs of labor and material escalating and cost of financing at least doubling...

 

[goeduck]

Here's a look at the top 8 states that received the most federal disaster funding over the past five years:

• New York: $16.06 billion.
• Louisiana: $5.57 billion.
• Texas: $3.86 billion.
• New Jersey: $3.57 billion.
• Florida: $2.61 billion.
• California: $1.7 billion.
• North Carolina: $716 million.
• South Carolina: $555 million.

Interesting. I would have thought the SE would have been getting more due to their weather. NY at the top?

 

[Tomtint]

Interesting. I would have thought the SE would have been getting more due to their weather. NY at the top?

Have you been to NY recently.... The place is block after block..after block of disaster.. And they keep adding more..

 

[Snobdds]

The kick in the teeth is that these prices were self inflicted by years of overspending and money supply creation. Last night, I was wondering if there would be a way to convert USD into some other currency that is more stable and still be able to pay my bills with the other currency?

The japenese yen is always held stable. So it's a good currency to borrow in, and now that US interest rates are high...the convered interest arbitrage trade is in the money. A little spreadsheet I have to see if the trade is in the money or not.

 

[Tomtint]

Yield curve inversion today.. or near to it.. This typically leads to one thing.

 

[Snobdds]

Yield curve inversion today.. or near to it.. This typically leads to one thing.

The yield curve has been inverted for a long time.

Short term rates pay out higher than long term rates.

In fact, there was no buyers of 30 year t-bills last week. The fed had to come in a buy our US debt.

Things are breaking out there. Get liquid and ride it out.

 

[Gator6x4]

Interesting. I would have thought the SE would have been getting more due to their weather. NY at the top?

Population density, infrastructure and property cost.

 

[Tomtint]

Population density, infrastructure and property cost.

And the biggest of all... Political affiliation.

 

[Gator6x4]

And the biggest of all... Political affiliation.

Blind political affiliation and loyalty only counts in countries with a Dictator.

 

[rScotty]

Because the sellers of gold charge fees to sell it to you and if you store your gold in an IRA there’s storage fees.
It’s rare to buy gold at spot price with no markup

That's a new one on me. How does one store gold in an IRA? Is there some sort of government controlled lock box? I wonder how they keep track of all those bars of gold? And here I thought that IRAs were the same as bank accounts - basically just ink on a piece of paper.
I must be way out of date.
What else can be kept in an IRA? How about tractors? Talk about being stable, our vintage JD hasn't done any real work in at least ten years. Some years it doesn't even move.... hard to get more stable than that.
rScotty

 

[Gator6x4]

Like Obrother and Brandon...

Naw neither one of those two tried to pull off an insurrection.

 

[Gator6x4]

That's a new one on me. How does one store gold in an IRA? Is there some sort of government controlled lock box? I wonder how they keep track of all those bars of gold? And here I thought that IRAs were the same as bank accounts - basically just ink on a piece of paper.
I must be way out of date.
What else can be kept in an IRA? How about tractors? Talk about being stable, our vintage JD hasn't done any real work in at least ten years. Some years it doesn't even move.... hard to get more stable than that.
rScotty

Me thinks you are correct and up to date.

 

[two_bit_score]

I don’t think having 28 special assessments on my tax bill would be pleasant. Without any, my assessments have risen to the point of hurting when the bills come.

Does your state separate the property valuation and the tax rate? IOW, does the local Appraisal district place an appraisal value on each property in the county which the local tax entities then set a RATE for their tax levy? Do property owners have the right to contest or appeal the valuations placed on their property by the local appraisal district?

 

[two_bit_score]

That's a new one on me. How does one store gold in an IRA? Is there some sort of government controlled lock box? I wonder how they keep track of all those bars of gold?

Homepage - Texas Bullion Depository

The Texas Bullion Depository, Texas' first ever state-administered precious metals bullion depository for storage of your precious metals.

www.texasbulliondepository.gov

 

[Hay Dude]

Does your state separate the property valuation and the tax rate? IOW, does the local Appraisal district place an appraisal value on each property in the county which the local tax entities then set a RATE for their tax levy? Do property owners have the right to contest or appeal the valuations placed on their property by the local appraisal district?

Mine does. I appealed my assessed value from the county and won. They didn’t even haggle with me.
I probably should have asked for an even lower assessed value.

 

[two_bit_score]

And yet people just keep on pulling the Same lever in the voting booth.
When you keep selling yourself as someone who gives away money, when in reality you are someone who actually takes money, but you can still get people to vote for you because you are attractive, have great hair or went to Harvard……man that’s just genius.

A very gullible electorate.

 

[Hay Dude]

A very gullible electorate.

I think they were educated this way

 

[two_bit_score]

I think they were educated this way

They had to be very gullible first to accept that kind of education.

 

[two_bit_score]

Mine does. I appealed my assessed value from the county and won. They didn’t even haggle with me.
I probably should have asked for an even lower assessed value.

In Texas there is serious consideration being given to placing the state on a path to property tax elimination. IMHO, just getting rid of the appraisal bureaucracy in every county will be a huge total $$ saving. It's in the kicking and screaming stage right now so, wait and see.

 

[jyoutz]

In Texas there is serious consideration being given to placing the state on a path to property tax elimination. IMHO, just getting rid of the appraisal bureaucracy in every county will be a huge total $$ saving. It's in the kicking and screaming stage right now so, wait and see.

So that just means that user fees and sales taxes will increase if there are no property taxes. There is no magic bullet.