murray t turtle
Registered: Dec 2001
Posts: 6268 |
07-26-12 05:39 PM
Quote from denner:
Liquidity should also be a concern. You can bail on the stocks with a mouse click; if you get stuck in another bad real estate market, your property could be un-sellable. Neighborhoods can go to ...; the local tax assessor could decide to jack your taxes up; property insurance could go skyward...there's alot of variables that have entered the picture in the past few years with so many municipalities in the tank.
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Good points,denner;
but a pinball wizzard wannabe personality would goof up any etf...
Historical trends of low taxes;
most likely will trend low & lower. The trend is still your friend[not a prediction] For example, TN just lowered its food tax[to about 5.25%, but still fairly high total tax on food usually about 9-10%;
except on the farmers market food , no tax, roadside stand, no tax.Buy eggs @ Save- a- LOT, Kroger, Food Giant you pay tax-thats the law.
My bottom line, i like some dividends/some capital gains;
but JPM, C, LEH, Bear Stearns, GM, DAL,BAC, home builders... made so many goofs, prefer more real estate owned. But i dont have rental houses, thats not my personality @ present time. Nor do I believe JPM,/J Dimon calling'' the bottom ''[election year,LOL] in RE.
I dont really think stupid socialists in Spain, Greece..,ILL..DC could mess up etfs,REITS, real estate much more in USA. But they could goof up liquidity for many months,[possibly years] in RE,etfs...A tithe given helps
Iceberg inventory could smash/crash any market, any direction.
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