Bjorn Amundson

CFP® | Quarry Hill Advisors

[Charlie Bilello @charliebilello]

10 years ago: 30-yr mortgage rate was 3.5% & average new home price in the US was $350k

Today: 30-yr mortgage rate is 6.5% & average new home price is $540k

Result: $38k increase in down payment (assuming 20% down) and 117% increase in monthly payment (from $1,257 to $2,731)

[Bjorn Amundson @couldbebjorn]

@MNsportsjohn Indeed

[Bjorn Amundson @couldbebjorn]

@josiahdurie nice!

[Engineer Investor @egr_investor]

"Small cap value has crushed the S&P since the Covid lows" $AVUV $SPY

[Bjorn Amundson @couldbebjorn]

@alphaarchitect @JOrdonezJr @Lingvist @dreamingspanish I’ve got an excellent tutor for you too when you’re ready.

[Bjorn Amundson @couldbebjorn]

@alphaarchitect @JOrdonezJr @Lingvist @dreamingspanish But my steak could still be better :)

[Bjorn Amundson @couldbebjorn]

@alphaarchitect @JOrdonezJr Switched to @Lingvist and @dreamingspanish

[Bjorn Amundson @couldbebjorn]

@FirstDoctor Perhaps you are unaware of Beer

[Bjorn Amundson @couldbebjorn]

@surainow the best take on the internet.

[Bjorn Amundson @couldbebjorn]

@Renrut3112385 @DaneMooreNBA correct

[Bjorn Amundson @couldbebjorn]

@DaneMooreNBA I think we're mad Kat turned into this.

[Peter Mallouk @PeterMallouk]

Inflation is the silent thief.
Over the last 30 years, it cut the value of $1 in half.
But $1 invested in the S&P 500 grew to over $9 – AFTER adjusting for higher prices.
That’s the power of ownership.

[Bjorn Amundson @couldbebjorn]

@MikeZaccardi Indeed, it is true that if you strip out the things that are going up, S&P 500 is going down

[Bjorn Amundson @couldbebjorn]

@choffstein Welp. Maybe I'll have some ice cream instead.

[Tobias Carlisle @Greenbackd]

With over half the S&P 500 trading at over 10x revs, a timely reminder from Scott McNealy via @ThierryBorgeat

https://t.co/ONeiPdbx7X

[Mark Meredith, CFP®️ @MarkTMeredith]

This is a great overview of tax aware long short direct indexing by Ben Henry-Moreland.

[Charlie Bilello @charliebilello]

Insanity: with a market cap of $2.96 trillion, SpaceX just passed Microsoft to become the 4th largest company in the world.

Microsoft Sales: $318 billion
Microsoft Net Income: $125 billion

SpaceX Sales: $19 billion
SpaceX Net Income: -$9 billion

[BuccoCapital Bloke @buccocapital]

Elon Musk's net worth increased by $165B *today*

Warren Buffett's net worth is $147B