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If this is true, where is the best place to invest 10k-100k USD today?
* defer your capital gains that you owe today * pay no capital gains on any returns if you comply with terms of opportunity zone investments (10 year holdup of capital requirement) * earns a 15% discount on your original capital gains taxes owed
If this is true, where is the best place to invest 10k-100k USD today?
Into a piece of yellow metal. Edit. More background on that: In 2014, after years and years of my parents droning "think about buying a house," I finally decided to teach my parents a lesson, and show them just how bad their investment advice is. So in the end, I lost around 53 thousand dollars in total from FX, fees, lawyers, drop of property value, and my ability to sleep well at night. And in 2016, I got kicked ou…
If this is true, where is the best place to invest 10k-100k USD today?
if you think the market will go down you should short it...
Would it be wise to wait a year before buying a house? If a recession hits it might turn my areas buyers market into a fire-sale. I guess if the fed isn’t raising rates then it’s not an issue. Waiting would also allow someone to increase their down payment.
He talks about home builders "getting crushed," which means they're trading at levels last seen in 2017. The large tech stock haircuts he refers to means most are at levels they traded at earlier this year.
I'm not saying he's wrong about a recession coming, but if you're looking for some real substance to justify that stance, you won't find it in this article. Just a guy copying Trump's tactic of saying "everyone knows" instead of offering evidence.
If this is true, where is the best place to invest 10k-100k USD today?
These articles are silly. You'll find them for every time the market sneezes.
October 2015, World Faces a Recession Next Year: https://www.cnbc.com/2015/10/13/citis-buiter-world-faces-rec...
June 2016, The Next Recession is Already Here: https://www.cnbc.com/2016/06/21/the-next-recession-is-alread...
There might be a recession next year, but the Fed might cut rates, Brexit might not happen, the EU might resume easing and the stock market might double in the next 5 years. Nobody knows.
Would it be wise to wait a year before buying a house? If a recession hits it might turn my areas buyers market into a fire-sale. I guess if the fed isn’t raising rates then it’s not an issue. Waiting would also allow someone to increase their down payment.
Also, the yield curves just inverted within the last week, and the average time-to-recession from that point is 12 months. So you may want to wait longer than a year.
Or... just buy something and be done with it, as long as it fits your budget and your income is stable, it's just housing and in the long run it'll probably work out fine anyway. Timing the housing market isn't any easier than timing the stock market.