All Forum Posts by: Darius Parsia

Is this a hannity bongino blog? 

This is why STRs are a great investment class - the world is going to **** and individual mental health depends on more time spent away from cell phones, computer screens, and television sets. No surprise P/E and Hedge Funds and others have already identified the growth in STRs and started pouring money into the space, namely through tech firms, data firms, and STR management companies, but the portfolios of STR rental assets is growing too!

And yes, Bitcoin FTW!

You are missing out on the greatest opportunity

Doge Coin!!!

To the Moon!!!!!!!

The problem with the Information Age is that we have more information than ever before but the quality of that info is lower than ever before. You can literally find support for whatever theories you have on the internet. I'm going to take a digital detox today, work on some deals picking up value-add property for under market value and forcing quick appreciation through improvements/increasing rents, and then I'll go outside and pick some apples. Have fun everybody. 

I will be even more specific James.

FOr those who never born and live in Iran , Venezuela, Bolivia , Argentina, even Turkey in 2022/2023 now, The Phillipine in the 1990s, Thai in 1990s, South Korean in 1998.......just don't talk about inflation or hyperinflation to us. We will laugh at you. Our definition of inflation simply means your networth is being cut from $100k to $30k in single day LOL

At the very least the US Gov can still print the dollar. LOL and borrow/lend the dollar to their friend (for example Ukraine or Suiss Bank).

One thing the the OP got it right is the George Soros factor LOL

So what is the strategy? What can we do to work against this? How can we save our futures and children? Do you have a certain blueprint in mind for yourself?

@Darius Parsia I think you'll come to find a big divergence in replies here from those with some "snow on the shingles" and those who never experienced the '80's. 

Those of us with the advantage of the experience of age, having lived through the '80's, you'll notice 2 things;    were not freaking out half as much over the inflation, at least in mortgages, not until we see something verging on 15% again, because that, again, we've lived through it before.     And second, not going to argue much of the items your bringing up because while yes I think you've got it all wrong on the causality side of things, the "evil cabal strategizing against the average American", we for most part agree on the disfunctions, problems, neglect. Because again, we have seen it, lived it, nobody knows more on how F'd things are than us because we lived in a different America and have had front row seats to this decline. 

Now as a person who has rubbed elbows with billionaires, and worked in a segment of elites, I can say from 1st hand experience your over-complicating things. Do you know what the 1st rule is of "elite" money? It's to RETAIN their position. Yes, as much as you live in paranoid fear of things, they too live in a state of paranoid fear. See, when you have much, you have much to loose. And they are always with that first thought, preservation.    

But, remember, they didn't get to where they are via the "standard" way of living, which means "standard" way of thinking. So while the "standard" American translates "preservation" as something akin to putting $ in jars and burying em out back, "elite wealth" translates Preservation into a action, growth, consolidation, they are doers. 

Fact is elite wealth doe snot think of you. They think as much about you as you think about the ant's between the cracks of the sidewalk as you stroll along the street. That's the truth of it. Their focus is on themselves, their circle, and their business, and that's it. 

Now when you think of it in that way, isn't it kind of common sense? Couldn't you see yourself doing the exact same? Because I assure, you do. 

What Klaus S. said at WEF is not some war-campaign slogan upon the masses, it's was an observation, and one of an opportunity, one that in their eyes is an opportunity. Again, you have to slide into their shoes, their existence, their world. 

It is a fact, that for decades Americans have lived more and more and more on credit utilization, shifting their consumer habits from whole-dollar based purchasing too monthly payment based purchasing.     This is simply a fact. And before anyone decries "cabal, CABAL, they did it to us" let me ask you, if a person opens a restaurant serving double bacon cheese burgers and other cholesterol rich foods, is it a cabal to serve health endangering foods, are they with secret mission to kill people, or are they simply serving something people really like, line-up to buy, giving the people what the people want as evidenced by the people "voting" with their consumer actions? All anyone would have to do to stop it, is simply don't buy it. 

If "the people" wanted to stop the financing wheel of servitude to a bank, they can, all they have to do is stop buying it. It exists purely because people gobble it up, the people want it, so, they provide it. It is truly that simple. 

When they say "they will own nothing, and be happy" it's the shortest simplest form to say what they all know and have been seeing in their business's that "the people" in mass are shifted towards desiring "owning" things via FINANCING them, which is NOT ownership, it's USERSHIP. 

"The People" are voting for this, have been for decades, that they want to have use of things beyond their means. That reality. And Klaus S. simply recognizes that this is not stopping, that people seem to prefer life via payments vs life via ownership. 

People today, by there own self-doing, in majority part today say they don't want to be self-accountable, they don't want to be held to a standard, they want no winners, no losers, get anything you want regardless of having ever earned it, it's what the masses want unfortunately. They are lining up in que outside the burger stand demanding more bacon, more cheese. They don't have to, they could live within their means, nobody is stopping them, people simply don't want to, that's a conscious decision. 

A great analogy I can think too is in the Trump vs Clinton campaign. Clinton called out Trump on his tax's, said how he didn't pay this, didn't pay that, makes millions upon millions and pays little to nothing. Trump said yup, dang right, and if you want it different, change the tax codes.    If you don't want to live via monthly payments, STOP, don't do it then. But to do the things, and than blame those selling exactly what your consuming and asking for, is insanity. 

Now, have politicians consistently damaged things, and it's compounded over the decades to the train-wreck today is, sure as heck yeah. But again, who did you vote for? Did you vote? Did you run for local office? Do you know your local politicians? Again, "the people" made this mess because "the people" keep choosing a person for office based on there hair, how good they talk, what they look like, they put a person into a very important administrative leadership role who has no qualifications for the job, no real capability to do good things, are we supposed to be surprised by bad outcomes?     If you ask a toddler to drive you around town in your SUV, who at fault when the toddler wrecks the SUV? 

The 2 parties have control because we give 2 parties control, there is other parties. 

Chimps are running the show because we gave chimps the keys and authority to run the show. 

This is the real heart of the problem today, people completely disowning the obvious, simple truth of causality. Instead going to some fantasy-land of cabals and lizard-alien conspiracies.    Why do they do this, for the exact same reason as all the rest of it for all, refusal of self-accountability. It's across the board, for all, just the expression of it changes. 

Gates is buying up land because his company is making so much dang $ he has run out of places to put it, it is that simple. And land, namely farm land is the easiest place to "bank" that money, because there is no active inputs at all, virtually no management team, they just buy the land and lease it out to farmers sometimes as much as a 99yr lease. It's land banking. How would you manage trying to sort out where to put $300million per year? Ok, how about a billion. 

Covid19, ok. So your a government, which means politician, which means your 1st focus is on being electable, popular. And uh-oh, your in some way connected to a lab where some moron screwed up, let out a pathogen that's running like wild-fire through the world, what do you do? Step up, full disclosure and own it? Lol, self-accountability is the polar opposite to what that chimp does, has always done, and will always do. And you hired that chimp, it flings poo, always has, just because you gave it the keys to the kingdom doesn't change that. 

So yeah, they cover their own arse first and foremost. And than do whatever desperate actions to try to "fix" it but remember, their a chimp, not Dr's, not engineers, they have no qualifications for the job, their toddlers driving SUV's so yeah, they do dumb stuff, duh. 

When you go to play fetch with a cat, it ain't the cat who's the fool. 

Now med companies, they are med companies, it's like going to McDonalds and saying I got a billion people who might be hungry, if I paid for the bill, do you think you have something they would like? Ah-Duh, surprise surprise they say sure, how about this. It's literally their business, you offer them crazy billions and 0 accountability for outcome, duh, of course they will fill that order, ANYONE would. Again, it's literally your business. 

And again, people refusing self-accountability, putting their actions on others for presenting the options because the options were not 1,000% perfectly ideal to choose from. Welcome to life, who the hell ever guarenteed it was going to be easy, simply or pain free. 

And again, going to fantasy-land to place all accountability outward, is childish at best. 

I tried to report this post but there was no category for "bat#%&"  mishmash of conspiracy theories, misinformation, and nonsense.

You just have to ignore the "Fact Checkers" as they are actually biased liars paid to censor the truth.

Try to keep my response simple. 

We do Selfstorage.  Which is great in a good or bad economy.  Some people think there is too much storage but helping people on BP I have looked at lots of areas and there still is a large unfulfilled market nationwide.    

Country subdivisions 2 to 8 acres.  Going to market with our second subdivision.  We just sell the lots.  There aren’t enough houses so lots have a good demand.  

Belize Teak plantations.  This is a long term investment that can ride out bad economies.  Plus it has a built in upward trajectory that can’t be changed in the next 60 years.

Getting back to you.  Forget the discussion if you’re right or wrong.   

I don’t think pooling together with other investors to save the world or a small piece for your family is a good idea.  That’s a Communal approach which doesn’t work unless your a religious order.   .  
   
There are many ways for young people to make it today.  If you’re 20, healthy, average intelligence, not even a hard worker, you can be a millionaire in 20 years.   Not even a maybe.  You just do it.  

Changing politics is hard to do.  I wouldn’t worry about politics.  Our system of government is built to be challenged. No matter who or if it gets screwed up, our system is built to self correct. Realize that won’t reassure you.  

Start with yourself first. Buy two acres of land. Start saving $20,000 to $30,000 per year. Lay off the TV, radio, podcast shows, forums for a while and work on your financial plans. Develop your REI strategy and your plan to scale.

Remember you’re lucky.  You’re a citizen in the greatest nation in the world.  If you get a chance go to some foreign countries to get perspective.