All Forum Posts by: Austin Johnson

Canesha, do you ever listen to The Peter Schiff show? I've listened a bit in the past (so somethings I say may be dated as I'm not updated)
my understanding was a spike in interest rates would collapse the economy. interest rates are lower than 2008 and have held to that low for WAY longer than needed. I don't see The Fed raising any time soon. 
Description of Schiff's latest episode:
"Fed can’t fight inflation without deflating inflated economic bubble. Data shows biggest drop in productivity in 62 years. Consumer prices are headed much higher. Real wages are headed much lower" 
that basically sums it up for me. It feels like we're in the no mans land here. The Fed will threaten to raise the rates, act like they're 'about ready to maybe start thinking about it in the future' but ultimately I doubt they do. should they? yes. but with the GDP down, people still not working, the "new strain" it gives them endless slack and excuses not to. idk, hopefully I'm wrong and interest rates spike, combating inflation and prices tank, syndications go under, stocks tank, our economy  plummets and they step back in and lower them again. 
sorry for the long winded response! haha.

sounds like the government just wants..... wait for it... more control. 

@Jonathan Ruiz so areyou saying buy meta land?

i'm kinda digging The Quiet Place. doesn't make me scared at all...

@Robert Tinker out here saying nothing but the truth. the earlier "Canada is better than the U.S. because we care" comment screamed brain washed to me. Wild that we're supposed to be investors here, using logic and math but when the logic and math says the opposite of what the talking heads says, people bury their heads in the sand. 
look at the numbers and look at logic. same in business as in life. 

Weird that you can deny someone based on a personal healthcare choice that you can't legally ask about....(at least in the U.S. it's a HIPAA violation)

@Jerryll Noorden 

Just.. gonna let him talk to you.

I like cashflow game. however it's all luck once you've played it 20 times through you learn the patterns and can just use credit till you roll a lucky number and boom, you're free.
if you create a better game, please share it, I would love it. 

@Jerryll Noorden I mean, technically you're not wrong though. An apple doesn't swim because it is sweet. humans and animals aren't sweet and they can swim. Basic anatomy wins again!

Have you looked into house hacking? 3.5% downpayment on a property. idk how expensive the market is but surely $50k is 3.5%?

600k 3.5% is $21k. a quick search shows a few duplexes between 600-650k in Austin. buy one. live in one side for a year, rent out the second side. after a year, move out.