All Forum Posts by: Ozzy Ordonez

"Technical analysis" is just charting and will be wrong fairly often. Fundamental analysis at least factors in EPS and actual financials.

Wolf of ws was an old pink sheets, ocb- bb pump and dump, cold calling landlines. Interest story though.

I do like that my paper investments or derivatives don't need maintenance or have drama. I don't like the tax rate or filing a 10pg sched D.  No thanks. My effective tax rate has been negative for 13 yrs.

Trading is just another job, and a watch CNBC anxious all day one at that. I've done both and will stick with my rental portfolio. Appreciate the discussion.

@Ozzy Ordonez  well I just bought an S for myself and a X for my wife and will buy the 3 when it comes out.. so I am single handily keep them in the black,

I think their roof product could be a real game changer.. but who knows.. Like I said I can just keep doing what I always did buy high and sell low... seems to work fine for me.

Real estate , stocks and life , its all a crap shoot , sometimes you win some times you lose . Thats what makes it fun 

I thought about it and your post is ridiculous. Why intelligent people have even replied other than as a comedy aside is beyond me.

@Ozzy Ordonez - repairs and vacancy are predictably unpredictable, though. You know the market and the property, so you can budget for them. As long as you're not counting on appreciation for your exit strategies, cycles don't matter. 10% ROI would not be considered very good in the buy and hold rental world, and that's before the tax benefits. So you've failed to convince me. You're doing well; good for you! But it's not for me. I think this is a case of you knowing the stock option business really well and not knowing real estate very well, and vice versa for me.

@Jay Hinrichs -  I think I'm too young to have enough money to be exposed to that, but I read Wolf of Wall Street, which went into way more detail about the actual scheme than the movie did!

In real estate investing, I can leverage my buys a lot.  When I buy stocks, I pay for 100% of it.  And, I think I have more control of my properties than I do of the stock market, which is mainly controlled by the 1%ers.

Flipped four properties so far this quarter and averaged 116% return on my investment in less then two months...  I'll stick with being more involved with the outcome of my investment instead of trying to predict the market for a stock.  As for finding deals, I could never purchase all the deals I'm finding myself.