Titandan

Palantir and Google have been my main winners. But took too little a gamble with them to make much of a difference. But my account has been better than S&P even if by a little.

To each their own... at our age (assuming 40's-50's) your advice is probably the right call. But someone in their 20's-30's, I think they can take a bit more of a risk on more volatile stocks. I just started too late so I feel like I need to make up for lost time. My returns have been on average 15-20% annually. Will slowly shift toward S&P index and some conservative dividend ETF's.

If quantum computing is real, every digital asset will most likely be compromised including banking industry, stock portfolios, and crypto. But in this case, it's probably those who keep their assets in centralized exchanges and banks that will might get their assets back. Might as well only stack real physical assets at that point and buy yourself a gun.

Did 1031 exchange for several other properties after weathering the sub prime mortgage storm. Then refinanced all my properties for around 3%. But sucks to be a landlord in LA. Honestly, real estate investing will probably never be like it was pre-pandemic. Notice podcasts like bigger pockets just fell off the face of the earth. Used to listen to that pod religiously. If you got a bit more cash for down payment, look into assumable loans for better buying opportunities with owner cooperation.

Awesome! Are you in socal or norcal? I'll have to look into the REP qualification. Been working as an agent since 2018. But I've been investing in real estate since 2006 (right before the big crash). Good thing I didn't chicken out. If you don't mind me asking, where are you investing? The only places that were worth even looking at locally pre-pandemic was Bakersfield or somewhere in San Bernardino country. Was thinking about out of state turn key properties but decided not to. I'm thinking of my next move when mortgage interest rates drop. I'm thinking bottoming out around 4.5-5% in a year or two.

I'm a realtor and property manager. Honestly, I'm such a novice when it comes to taxes. But thanks for the heads up. I'll mention 100% bonus depreciation to my CPA. I think this will affect federal taxable income, correct? I do need to start working on that as well. Seriously spend more time than probably expedient organizing my taxes. I definitely do have cap ex that I am depreciating on a yearly basis but I also have business expenses as well that I am deducting. Hopefully I can apply 100% bonus depreciation as well. Thanks once again, bud!

Thanks for the heads up! I'll definitely research. Appreciate you!

This is not a good time of the year for me financially. Paid off the first round of my property taxes and then saving up to pay the second round in a couple months. Also allocating some funds for income tax owed in a couple months. It's the most wonderful time of the year but also a dreaded time in some respects. I'll look into this when I max out my Roth for 2026. Thanks!

I deal with almost exclusively low-middle income tenants... and the statistic that 28% of Americans having less than a grand in their savings/investment/net worth statistic is totally plausible. Observing their spending habits and financial lifestyle choices makes me scratch my head on more than one occasion.

Price manipulation, insider trading, or just expectation of even more fed rate cuts?

As far as I know, Quantum computing, in theory, should be able to disrupt the security of the entire financial industry. Banks, exchanges, and even blockchain encryption will be compromised. I believe bitcoin foundation is working on updates to make bitcoin secure enough to withstand even quantum computing but it's still a ways off. It's going to be an interesting turn of events to say the least... https://www.coindesk.com/tech/2025/04/05/bitcoin-developer-proposes-hard-fork-to-protect-btc-from-quantum-computing-threats I guess we can just sell everything, HODL physical gold & silver, and hide in an undisclosed hole somewhere. When the shit hits the fan, Scrooge McDuck will be laughing his ass off while swimming in his huge bank vault filled with gold coins.

Guess I gotta do some homework on Rocket Labs. Tesla's got cars, batteries, robotaxi, optimus, and the AI software that will support much of these products to look forward to. If I had to choose one company to dominate the space(spaces), it would be Tesla. But might be a good idea to diversify a tiny bit. I think second place can also be pretty lucrative and can be had at a discount a la AMD (to Nvidia).

But but but... it's just a car company. Only thing I disagree with you is that the Tard is Tesla. Remove Musk, and (without another savage at the helm) Tesla will not be the same company. Unless the AI movement seriously implodes or the world simultaneously and permanently rejects robotics, I think Tesla's ascent is all but inevitable. Good call.

We'll see how it plays out. I'm not super excited about this bill(wanted more cuts) but probably better than what we had before. I think the cuts are trying to incentivize people to work. The system that I've seen in LA is pretty screwed up. a couple people I knew were not working at all due to snap, housing assistance, and transportation. Some (non-handicap) of them even lugged around a wheelchair to get free rides. Anyway, been out of the political loop lately. Just hope the cuts will help the poor and middle class rather than hurt them. At the end of the day, we have no one to blame but ourselves for our financial future. Work hard, do your homework, and gather the proper assets. Bitcoin, AI plays (Nvidia, Tesla, Palantir, ASML, etc), gold, and real estate. I've got at least a little bit of exposure in all these.

What should middle class and poor people do to prepare for the impending doom? Buy Bitcoin, guns/ammo, and gold, Oman?