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tripled 12-26-2020 01:32 PM

Can anyone recommend another forum like this one except the topics are financial discussions rather than aviation- related? I saw fool.com has them behind a paywall.Thanks.

123494 12-26-2020 01:34 PM


Originally Posted by tripled (Post 3174891)
Can anyone recommend another forum like this one except the topics are financial discussions rather than aviation- related? I saw fool.com has them behind a paywall.Thanks.

I like Bogleheads.org

Gunfighter 12-26-2020 02:23 PM


Originally Posted by Trip7 (Post 3174713)
There's a lot to be said about Analysis Paralysis but dare I say it right now is a good time to be stuck in that phase. The real estate crash in 2008/2009 provided a once in a lifetime to purchase investment property with a substantial margin of safety. For those that were "lucky"(When Opportunity meets Preparation) enough purchase during the downturn, substantial wealth was built.

The 2008/2009 safety margin is definitely not there in the current market. There are still deals to be had, but it's like finding a needle in a haystack. We found a great deal on some development land back in March, but are sitting on that parcel after conversations with city officials indicated we had more options than originally considered. I tried rehabbing a few SFRs, but it wasn't worth the time to find the deals. I did one house with my daughter and that was it. I'm still looking for one or two self storage acquisitions, but don't expect returns like I've had on previous properties. I'd be thrilled with double digit CoC backed by SBA financing at 80-90 LTV.

On the passive investing side, I'm using a dollar cost averaging approach with some lazy capital. I've been slowly investing in passive multi-family deals and plan to continue that approach for a few more years. Some deals may be near the top of the market, but they cash flow. If the market drops, the deals get better. If it stays strong, I'm not left on the sidelines losing out to inflation. I'd rather have a portfolio of staggered acquisitions, rather than trying to time the market. Besides, there are billions of dollars in "vulture capital" just waiting for a CRE crash. There won't be near the correction of 2008.

After a 5 year buying spree in the wake of the 2008 crash, I began hoarding cash. Expecting rising interest rates with a wave of CMBS maturities in commercial real estate, there had to be some great deals in 2015 and beyond. Well you know the story on rates. The loan maturities were easily refinanced at lower rates and few of the properties came on the market. Those that did were at incredibly low cap rates and didn't represent a good deal. Had I continued buying from 2013 and beyond my portfolio would look quite different.

The main takeaway is "don't wait to buy real estate, buy real estate and wait". (*It must cash flow).

mispoken 12-26-2020 03:50 PM


Originally Posted by tripled (Post 3174891)
Can anyone recommend another forum like this one except the topics are financial discussions rather than aviation- related? I saw fool.com has them behind a paywall.Thanks.

the forums behind the fool paywall are excellent, I learned more there than the analysis themselves. If you want to talk indexing, budgeting etc, bogelheads is great. Individual equities, Fool is the place to be!

123494 12-26-2020 04:11 PM

Shifting gears from stock picks for second. Does anyone have any recommendations for part time jobs while still flying a full schedule?

I'm flying a fair amount, but not nearly as much as last year. I am thinking of working another job for 2-3 days a week (other than Lyft/Uber/DoorDash). I have a small business, but I do it exclusively on a laptop during my overnights so I don't go crazy sitting in a hotel room.

Anyone finding any places that are reasonably accommodating to our schedules?

tripled 12-26-2020 07:51 PM


Originally Posted by 123494 (Post 3174892)
I like Bogleheads.org

yep! Just right, thanks.

tripled 12-26-2020 07:55 PM


Originally Posted by mispoken (Post 3174916)
the forums behind the fool paywall are excellent, I learned more there than the analysis themselves. If you want to talk indexing, budgeting etc, bogelheads is great. Individual equities, Fool is the place to be!

appreciate the inputs and the second. I’m Still too cheap to pay for what amounts to reading entertainment- for now. Out of curiosity, is fool a source that validated some of your stock recommendations posted previously - they were rather prescient.

tripled 12-26-2020 08:01 PM


Originally Posted by 123494 (Post 3174921)
Shifting gears from stock picks for second. Does anyone have any recommendations for part time jobs while still flying a full schedule?

I'm flying a fair amount, but not nearly as much as last year. I am thinking of working another job for 2-3 days a week (other than Lyft/Uber/DoorDash). I have a small business, but I do it exclusively on a laptop during my overnights so I don't go crazy sitting in a hotel room.

Anyone finding any places that are reasonably accommodating to our schedules?


most interesting one I’ve heard is a guy who grows mushrooms with his son. Making bank. That’s about all I remember.

LeineLodge 12-26-2020 08:34 PM


Originally Posted by 123494 (Post 3174921)
Shifting gears from stock picks for second. Does anyone have any recommendations for part time jobs while still flying a full schedule?

I'm flying a fair amount, but not nearly as much as last year. I am thinking of working another job for 2-3 days a week (other than Lyft/Uber/DoorDash). I have a small business, but I do it exclusively on a laptop during my overnights so I don't go crazy sitting in a hotel room.

Anyone finding any places that are reasonably accommodating to our schedules?

Learn to program. Easier than most think. If you can hand jam a reroute while reading back taxi instructions you can do this.

Sites like upwork provide lots of opportunity if you’re a native English speaker with an above average work ethic. Communicate, hit deadlines and you can make decent side cash. Caveat - you need to actually enjoy the puzzle factor.

If you really want to take it to the next level, apply your newfound coding skills to a problem, build an app (or web app) and own your own show. Lots of work but lots of upside. Highly scaleable...recurring subscriptions for a product or service that cost you the same (roughly) for the Nth customer as the first are the way to go.

Enough recurring revenue and you can power your way out of a LOT of stupid moves, like taking investment advice from a pilot forum :D

mispoken 12-27-2020 03:35 AM


Originally Posted by tripled (Post 3174972)
appreciate the inputs and the second. I’m Still too cheap to pay for what amounts to reading entertainment- for now. Out of curiosity, is fool a source that validated some of your stock recommendations posted previously - they were rather prescient.

90% of my portfolio is built from Fool recommendations. Over the years, after following their recs for so long, my knowledge a d understanding of the companies I own has taken on a life of its own. So I now know what I’m looking for when the have release EOY results and quarterly results. I’ve followed the Fool for over 20 years now. The key is, read the research and check out the message boards. There are true nerds on there who can read financials like nobody’s business. Even more important than that are the ideas to get you started, TMF has done a great job of identifying trends and visionary leadership and that’s the most important piece of the long term buy and hold method (that and never selling, with a few exceptions).


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