All Forum Posts by: Caleb L.

I agree. Recessions do hurt people and can be devastating! I don't hope for a recession UNLESS America is getting to bad and it will get worse! I also agree with you that people think that a down market is a buying opportunity, which it can be if you can get the bank to give you a mortgage while there going through a crises. Good luck!

The next recession will hurt like there's no tomorrow, but, it's worth it. Just like when you avoid fixing a repair on a house for a few years that will only cost a fee hundred now. It will come back costing you thousands! Which is what America has been doing, and we don't learn from our mistakes. Which is why we're here.

But, for the financially wise people out there, they will be fine. If over 50% of Americans were financially wise, we wouldn't have these bad problems so often. 

@Bobby Stener Don't really care about what happened this morning on the Greek world of bonds. I'm a long-term investor, not a trader of bonds.

In terms of economic stability, America could be A LOT better. To say the least. I haven't steadied the Greek economy, so I can't comment on their economy.

 True point. German, and other countries bonds are very bad! I don't invest in bonds AT ALL. In terms of national debt, and there spending, it's better than America!

 True. Although, you don't have to be smart as a person on the FED to understand economics. And to see and analyze the corporate industry to know that we're in HUGE trouble.

The FED people are trying to keep to economy going strong, which it is to the average person. But, if you look inside the big corporations financial statements, 85% are in trouble if a recession comes!

I look at America as a huge corporation. The president being the CEO, etc. Currently, America is loosing about $200,000 a year per person! Thanks to social security, wellfare, etc. As a matter of fact, the "rich" pay about 80% of all social security, so America has to only pay 20% of it, and we're still loosing money!!

I think you get the point. America is one of the biggest companies, so to speak, in the world, and one of the most financially unstable.

Good nations like Germany can afford to have free college and such because their financially stable.

Not to sound condescending, but political parties like the Democratic party want to have free this and free that, high wages and the whole thing! Me too! BUT, we don't have the money as a nation! And all of these free plans for the public will run America into the dirt!

Don't get me wrong! I feel bad for the people and companies that get hurt in recessions. But, it's the punishment that America MUST pay in order to reset itself, and after ten years, find ourselves in the same situation! Some how, Americans don't learn from the past mistakes of the economy?

Yes. Why?

1) The markets are way to bullish!

2) Interest rates are so low, it's already to dangerous!

3) The market needs to be reset.

Right now the interest rates are so low. And that drives corporate and consumer debt of the charts. There has been more debt taking out by corporations and consumers than ever before! And when a recession comes, and interest rates rise back up to 6%-10%, people will stop getting loans and have trouble paying them of. The banks will also collect as many mortgages as they can, to pay of their debt!

Here's how it should work:

5%-8% interest in good times, so the debt of corporations and people won't be so crazy in the good times. And a 2%-4% interest rate in bad times. That low interest will fuel more corporate debt, which is needed in recessions, in order for companies to stay alive. That would make sure American corporations would have a lot better chance of staying alive during recessions.

But, right now we have it back words! And win the next recession comes, it will hurt because the FED can't lower the interest any more to fuel back up the economy.

Result: Companies go bankrupt do to high interest rates because the FED can't lower them any lower. And we head into a really hard time! Not saying another depression will happen. I'm just giving facts. And the fact is this: The FED should raise the interest rate slowly up to about 7%-8% now. That gives them a lot of space to cut it in recessions. Which means that corporate debt will slow now, and in the recession, with interest rates low, corporations will be able to take out debt to stay alive.

But, unfortunately, that's a pipe dream! :(

Congrats Russell! Hope to keep seeing great posts from you for many more years! 

Hi Lucas, 

Thank you for your concern! The reason for this thread is that I was talking to a Stessa employee, and told him I would gather some information from other investors on what they would like to so when Cozy and them integrate. True, Stessa has not approached Cozy. But, from what I heard, they are planning on it and always looking for ideas to expand their business.

I apologize to Lucas if I seemed to be acting as a representative from Cozy or any other company. My motive was this: To gather information from investors on what Stessa, Cozy and Buildium could improve on. And, in the words of Stessa, "What we're (investors) are looking for if Stessa and Cozy integrated?"

I told Victor, the Stessa employee, that I would post a form on BP to ask investors this question, which he agreed to. I have also talked to a few Cozy employees about sending them updates that investors have requested, which is the purpose of this thread.

Again, I do apologize to Cozy if they're feeling that I'm representing them without their permission, which I totally understand! I hope you can forgive any inconvenience I might have caused Cozy.

I hope this thread can continue, and be a place were investors share ideas on what they would like to see from any of these companies.

Happy Investing,

Caleb
 
 

Is there anything that Buildium could improve on? I don't use them, but I've used the free trial before, and I didn't like it. It has no REAL dashboard to look at, and is all around kind of complicated to use! AppFolio has nice technology, but it's a little confusing too. That's why I like Cozy more. 

"Price is what you pay. Value what you get" - Warren Buffett

"Someone's sitting in the shade today because someone planted a tree a long time ago." - Warren Buffett

"Your alive. You woke up breathing, seeing, and hearing. You have no excuse to not succeed!" - Unknown.

@David Stumpf When you say a better application, what exactly do you mean? They are going to want specific updates, and I'm a little afraid that they would not know exactly what you meant by a better application.