trend spotter

Real Estate Appraiser & stock picker following CANSLIM

[trend spotter @schnabel_rob]

@Scot1andT It could climax soon, but the way I see it, it just broke out of a multi year base a few weeks ago, it could have more legs then we think with bases along the way.

[trend spotter @schnabel_rob]

@ThinkAppraiser My experience is that it’s easier to make money in real estate, but you can potentially make more in the stock market.

[trend spotter @schnabel_rob]

@elerianm Raising interest rates due to a supply imbalance is like cutting your nose off to spite your face. Sure, you could raise interest rates to the point you curve demand, but at what cost? Supply and demand is not inflation…

[trend spotter @schnabel_rob]

@801010athlete I have been there, it’s all psychological. One must work on their psychology to break this habit. For me, Mark Douglas was helpful. I had to accept that it is ok to be wrong, when I was wrong I acknowledged it and moved on.

[trend spotter @schnabel_rob]

@jimcramer @DivesTech Don’t forget MU $100 on earnings next year, and that could be low.

[trend spotter @schnabel_rob]

@elerianm Mohamed, why do people count supply and demand imbalances such as the spike in oil recently as inflation? Inflation is a monetary phenomenon, and the spike in oil is not inflation and shouldn’t be treated as such.

[trend spotter @schnabel_rob]

People can try to justify a value based on cap rate, but if it doesn’t jive with the sold comparables, the cape rate they are using is probably too low. People will do anything to justify the price they are asking, it’s up the the appraiser to tell the truth and be honest.

At a fundamental level the appraiser is being paid to tell the truth.

[trend spotter @schnabel_rob]

@nockside1 @jonbrooks If the desire to own a home is great enough you will find a way.

[trend spotter @schnabel_rob]

@Philosophy_Punk @GrahamStephan The old now were once young with no money. It was built up over many decades. If you live long enough it is easy to be wealthy with just modest consistent investing

[trend spotter @schnabel_rob]

@chris_dogee @GrahamStephan Chris, you may want to try unconventional ways to buy a home. Just looking in the mls means your are fighting with everyone else for the right to pay too much. Look off market, talk to people let them know you are looking, estate sales, for sale by owner etc….

[trend spotter @schnabel_rob]

@GrahamSchroeder @GrahamStephan Many are…

[trend spotter @schnabel_rob]

@GrahamStephan @ThinkAppraiser It’s probably because they are downsizing into a smaller home. Nothing concerning here

[trend spotter @schnabel_rob]

@RBReich Since when have outcomes been equal? Equal outcomes is a fairytale

[trend spotter @schnabel_rob]

I agree, if Penn state does not hire terry smith the psu football program will be set back two years. If Penn state is a family like they claim, it’s time to start acting like it and hire terry smith. The players want him, he played for penn state, he knows the game, he is loyal to penn state. At the very least give him a one year contract.

[trend spotter @schnabel_rob]

@RBReich Mr. Reich you know better. That’s because corporate taxes are paid on the companies earnings. I’m sure the CEO’s paid plenty of tax being w2 earners…

[trend spotter @schnabel_rob]

Supply and demand. There aren’t a lot of people who can run a large company at a high level, so when you find one you pay them well so you don’t loose them. People get paid millions to hit and catch a ball, because the supply of people who can do it at a high level is limited. Supply and demand is at work…

[trend spotter @schnabel_rob]

@RBReich Of course, who doesn’t love Santa…. Until people realize he isn’t real…

[trend spotter @schnabel_rob]

@RBReich More class warfare rhetoric from Mr. Reich. Is it truly tax evasion or just using the tax code to avoid taxes in a legal way. The top 50% of taxpayers pay 97% of the taxes. I would say the bottom 50% are even better then the “rich” at avoiding taxes

[trend spotter @schnabel_rob]

@Ronxyz00 Shouldn’t the numbers add up to 100%? Seems like funny math to me…

[trend spotter @schnabel_rob]

@801010athlete A shake to 400 seems like what is needed. That should clear the deck and set the stage for a move higher, but I have no idea lol