All Forum Posts by: Christie Gahan

 actually you can lose MORE THAN 100% if they took accelerated depreciation, you may end up owing more than your investment. That happened I believe on those houston deals. 

Ok.... Let me interject a different line of thinking here. I'm going to try and take this conversation from black 7 white, into "Technicolor" and see if vision in this full spectrum doesn't help reframe some mindsets. 

Q: What year did the 401(k) come into existence? 

A: Nov 1978. So, for argument sake, let's say 1979 because that's really the first year of it. 

So knowing the obvious, that such a thing takes an industry some time to adopt into it's actions. 

Q: What did the stock market do for the previous 15 years, before 401(k) "gimmick" started? 

A: Down. Down BIG time. No, not just big, Mt Everest BIG time. DOW from 9k in '66' all the way too 3k's when 401(k) was introduced. 

Q: And then what? 

A: Things kept going down, until..... By mid '82' thing's changed direction. Oh how they changed direction. From '82' too 2000 (yes you read that right) was a bull-run unlike ANYTHING EVER seen before, touching on 20k.

What changed? 

Yes, post WWII there was a very similar bull-run, because of the obvious down from WORLD WAR, and the obvious rally from NO WORLD WAR and the bizonkers commerce explosion that rebuilding from WORLD WAR made. But this, '80's, '90's, there was nothing remotely close to that..... so what changed? 

And for nearly a decade things held in the range. 

Even '08' was not able to bring things below 10k....... Total global financial system meltdown, and result was nearly 4x market $ of early 80's..... How? 

And post '08', which duration of '08' on chart's now looks more like a sneeze in it's duration, but what after? Another bull-run tapping on 40k. FOURTY THOUSAND! Think on that, 16X early 80's! Did 2021 feel like 16X the commerce from '82'? Did incomes feel 16X? Did all of life seem 16X MORE, bigger, richer???? 

What changed? 

Q: Who is Wall Street???? Who is "The Stock market"???? 

A: TRADERS! 

It's honestly that simple, all boils back to this simple fundamental. Wall Street is TRADERS.

Q: Why are they called TRADERS? 

A: Because they TRADE! 

The greatest delusion ever pulled off in human history thus far is the notion that $ goes to Wall Street to INVEST, to GROW, to RETURN, to PROFIT...... 

NO! $ goes to Wall Street to TRADE. 

Traders trade. That is there singular purpose in existence, everything else is ONLY to facilitate or in part and parcel to that purpose. 

When 401(k) happened, it was a GIANT fire-hose of not just NEW-$ to Trade, it was DUMB-$ to boot! $ that was ignorant of the system, because it was from the average John/Jane Doe who were knowledgeable and informed on everything involved in there sphere of life, in REAL life, groceries, fixing a mower, there job's, raising kid's, LIFE, not trading. 

And Middle America was sold a dream. The dream of secure a financial future by trusting traders. They called it the American Economics machine, they called it this that and the other but NEVER once did they call it exactly what it is, TRADING. 

And Generations were brainwashed into this blind trust, as traders honed there craft on how to maximize what they do, TRADING, to profit as maximally as possible, on this ignorant-$. 

And an entire universe was built in the financial industry. A universe of gaining gargantuan wealth, via ignorant-$. The Wolf of Wall Street was born of this paradigm shift, Bernie "the bastard" Madoff was it's love child given unto the world. 

Previous to all this, Wall Street, "Trading" was a boring, slow, slodge of those who as saying said wore ties so it would be more expedient when choose to hang themselves. it was nothing, NOTHING like the verse it became. 

Today, we see the exact same expression in syndications. Since pandemic "ignorant-$" went throwing itself around, it is any surprise some Traders went and got into real estate? 

Lazy $ get's abused, always has, always will. 

This is the REALITY of the world. A market open for ignorant $, will abuse and neglect the vast majority of it. Don't believe me, just visit a Walmart and ask the Senior greeting people at the door how there 401(k) worked out for em. 

I know how it worked out for Klaus. 

This I disagree.

If one is reading any simple macro economic book, when CPE is jumping 40% on June 2021 we know the party is over and the Fed would raise the interest rate but may be late because they use laggard indicator (because they're lazy and dumb).

Sorry but the Fed is dumb , and the GP is even dumber, there's this GP school that's asking their student to raise capital using floating debt with bridge financing (in my opinion, it's suicidal). But the LP is the dumbest after all. At very least, the GP would eat your money through acquisition fee and annual fee LOL, but it's the LP that lost everything.

Sorry for you guys, as everyone is too dumb to even read basic economic principle. Sometimes not too invest is best thing to do. In July 2021, I sold some of my properties at highest price. GTFO.