All things STOCKS

#19,228
#19,228
Go aeiou said:
Why is that sad?
We downsized from about 3000' to 2150 and 350-400 of that is a finished room over the garage. Dear wife at 59 YO no longer wanted to clean a large house. And no one else can meet her expectations.
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Never mind...I misread the comment. Thought he was talking about 50+ age people downsized from their job.


WOOOOOOO WHOO......go NVDA!!!!
 
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#19,232
#19,232
A trillion used to seem to be an unrealistic market cap. $5 trillion is now here. $10 trillion? $25 trillion?

At least 9x US companies are north of $1,000,000,000,000 (plus Saudi Aramco, Taiwan Semi, and Owtro China).

NVDA
AAPL
MSFT
Alphabet/Google
Amazon
Meta/Facebook
Broadcom
Tesla
Berkshire
 
#19,233
#19,233
Jax_Vol said:
I think they have performed well over last 90 days.

Unsure of the tariff impact with the Waltons.
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IMO, WMT is as good of a proxy as anything in the consumer based economy. AMZN is more of a tech company these days - but e-commerce still has a lot of room left to grow. Amazon dot com is almost a service hub for the 2025 versions of Mom and Pop stores. AMZN Web Services is the big dog.
 
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#19,234
#19,234
Huang is about to, or already, giving his take. Lots of extended hours fun and frivolity ahead. Hopefully gains hold through the shortened sessions next week.
 
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#19,236
#19,236
05_never_again said:
You're not wrong. The issue though is that the kinds of homes you purchased in 1980 aren't being built today, and there are a variety of reasons for that.
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Out of curiosity, can you articulate what those reasons. My starter home in 87 was similar in size to Walkenvol's, mine was a 1600 sq foot 3 bedroom/2bath that I bought for 119k. Although a bit small, it was fine for my wife and I.

Two years ago, I helped a young couple buy their first home. They wanted a much larger 4 BR/3BA house. They bought a 10 year old house and immediately renovated family room and kitchen. I am guessing that they are not atypical. True?
 
#19,237
#19,237
OldandStillaVol said:
Out of curiosity, can you articulate what those reasons. My starter home in 87 was similar in size to Walkenvol's, mine was a 1600 sq foot 3 bedroom/2bath that I bought for 119k. Although a bit small, it was fine for my wife and I.

Two years ago, I helped a young couple buy their first home. They wanted a much larger 4 BR/3BA house. They bought a 10 year old house and immediately renovated family room and kitchen. I am guessing that they are not atypical. True?
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In certain parts of the country (you can guess which ones), the zoning laws make it hard to build those types of houses. As far as existing homes that could be considered starter homes, so many folks have incredibly low mortgage rates on them that there just aren't that many for sale. Many of them get snapped up by investors who pay all cash and then rent them out.

And yes, part of it is just a preference for larger homes on the part of buyers. I don't think that's the biggest reason though.

 
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#19,241
#19,241
WOW!


That is some good ole USA enthusiasm right there.

Curious if ole Warren Buffett is still proud of sitting on his $100 zillion stack of cash.
 
#19,242
#19,242
05_never_again said:
In certain parts of the country (you can guess which ones), the zoning laws make it hard to build those types of houses. As far as existing homes that could be considered starter homes, so many folks have incredibly low mortgage rates on them that there just aren't that many for sale. Many of them get snapped up by investors who pay all cash and then rent them out.

And yes, part of it is just a preference for larger homes on the part of buyers. I don't think that's the biggest reason though.

Click to expand...
Which ones?
Nashville is making changes to allow several living conditions. In law suites, townhomes in single family, etc. Prices are still crazy high though.
I doubt Williamson Count/Brentwood/Franklin are. You'll find very few homes under 1 million there. Neither is Wilson Co/Mt Juliet.
 
#19,243
#19,243
Go aeiou said:
Which ones?
Nashville is making changes to allow several living conditions. In law suites, townhomes in single family, etc. Prices are still crazy high though.
I doubt Williamson Count/Brentwood/Franklin are. You'll find very few homes under 1 million there. Neither is Wilson Co/Mt Juliet.
Click to expand...
California, for one. That article talks about a whole bunch of others.
 
#19,249
#19,249
Jax_Vol said:
WOW!


That is some good ole USA enthusiasm right there.

Curious if ole Warren Buffett is still proud of sitting on his $100 zillion stack of cash.
Click to expand...
He still has plenty in the market.
BRK-B has been gaining again lately…above $500/sh. I’ll never sell it.
 
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