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Old 03-27-2021, 08:31 AM
  #1621  
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Originally Posted by FangsF15 View Post
Out of curiosity, I went to look at the Jan 2020 AE that got cancelled that was pretty huge. it had 102 WB A's, plus 20 ER A's, plus 304 NB A's. That's a total of 426 A's. There was a lot of movement on that bid, including (I think, didn't count) hundreds of WB B's as contingent vacancies that weren't even posted as open.

The previous MOAB was March 2019, it had 648 A"s, 200 of which were WB A's.

If this, or rumored numbers up to 800A's on this upcoming April AE are true, it will have epic movement. It really all depends on how much they open the aperture for the WB A's, and the associated cascade. I suspect they may be a little conservative, and hold some WB A's back for now, as they wait and see how Int'l comes back.

As Always, BWYWWWYB. And Just because there is no vacancy, does NOT mean there won't be slots to fill in that category.
I was awarded a NYC left seat in the Nov 2019 bid and displaced in the 2020 MOAD. Some of those left seat awards may also need to be filled.
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Old 03-27-2021, 10:04 AM
  #1622  
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Originally Posted by JamesBond View Post
debt is slavery... ANY debt.
Sure, but instead of paying off my 3% APR mortgage, I'll leave that $200k in the stock market where is makes 7-10% annually.
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Old 03-27-2021, 10:35 AM
  #1623  
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Originally Posted by CBreezy View Post
Sure, but instead of paying off my 3% APR mortgage, I'll leave that $200k in the stock market where is makes 7-10% annually.
Good point... but that 7-10% ain't gonna last with the clowns we have running the place get finished.


But that 3% will be a good thing to have because they will be few and far between once the inflation starts.
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Old 03-27-2021, 11:51 AM
  #1624  
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Originally Posted by JamesBond View Post
debt is slavery... ANY debt.
Non-recourse debt secured by income producing real estate puts the yoke of that debt onto the shoulders of the tenants. Providing housing via a 100 unit apartment community where the average tenant is spending 30% of their working hours paying rent is the equivalent of having 30 employees working for you full time. Talk about shifting the burden of debt...

Originally Posted by JamesBond View Post
But that 3% will be a good thing to have because they will be few and far between once the inflation starts.
Long term fixed rate debt is one path to wealth when it's funded by an asset that covers the debt service.
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Old 03-27-2021, 11:53 AM
  #1625  
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Old 03-27-2021, 11:59 AM
  #1626  
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Originally Posted by JamesBond View Post
Good point... but that 7-10% ain't gonna last with the clowns we have running the place get finished.


But that 3% will be a good thing to have because they will be few and far between once the inflation starts.
The stock market did just fine under Obama. In fact, it did better than under Trump. I think it'll do just fine with your new boogie man
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Old 03-27-2021, 12:13 PM
  #1627  
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Originally Posted by CBreezy View Post
The stock market did just fine under Obama. In fact, it did better than under Trump. I think it'll do just fine with your new boogie man
But some of the tax changes that this administration is considering on investing and retirement funds may negate some of that.
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Old 03-27-2021, 12:19 PM
  #1628  
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I keep a little debt to avoid the potential for a hostile takeover.
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Old 03-27-2021, 12:19 PM
  #1629  
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Originally Posted by Flying Monkey View Post
But some of the tax changes that this administration is considering on investing and retirement funds may negate some of that.

long term capital gains going to ordinary income rate
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Old 03-27-2021, 12:22 PM
  #1630  
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Originally Posted by vyperdriver View Post
I keep a little debt to avoid the potential for a hostile takeover.
Keeping some weight on helps prevent kidnapping, too.
I’d say 40lbs over and 10k under is about right for clean living.
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