All Forum Posts by: Eric Bilderback

@Jay Hinrichs

I think we have a disagreement whether or not you disagreed with me.  LOL

@Charles Clark

Hey man thats great and I am not trying to take anything away from you your accomplishments etc.  I'm just saying the government is creating environments where certain thing work and certain things don't.  The current environment that has been created is disadvantageous to people who do not own assets.  Which should be the people we want to encourage the most to be invested in communities, families, our nation etc.  And to be clear I am not for forgiving student loans but I also don't like seeing a generation be ridiculed by people who may not have the entire picture.  

@Jay Hinrichs

I know you have been around the block a few times, I hope I did not come across as dismissive of you.  When guys like you disagree with me it does give me pause.  I was attempting to present something that I don't think is talked about enough or at least look at it from another angle.  And I always appreciate what you (and most everyone else) has to say.

@Travis Oneill

It sounds like you are in a situation I believe there are many people in.  Yes there is more technology, it is easier to do many things, and America is still the land of opportunity.  But just going off of statistics young people are behind from where generations in the past have been.  And that is a direct consequence of financial engineers helping to push asset prices so high.  I don't think anyone should ***** about it (maybe a little), but at the same time lots of people thump their chest about how rich they have gotten from owning assets.  The number one thing I believe we should focus on is making it as easy as possible for all people who work their *** off to achieve the American Dream which is a nice family, a safe community, and a comfortable home.  It may even have the side benefit of having less obnoxious *** TikTok stars!  LOL

@Jay Hinrichs

I think the less people you have fully vested in the community the less desirable the community.  That maybe part of why some areas are declining in value.  Every town in America can't bring in Californian's in with millions of dollars by the plane full!  LOL

@Carlos Ptriawan

That is another symptom.  The richest .5% in America own as much as the lowest 90%.  

@John Morgan @Jay Hinrichs @Scott Mac

This generation is building wealth at a lesser rate, getting married later and less, and having children at a reduced rate than prior generations, thats just how the statistics are trending of coarse there are millions of individual cases that we can hold up that would contradict those statistics.  Asset prices and therefore the cost of putting down roots is becoming more expense than in prior generations.  The flip side of that is people like myself have done very well because asset prices have gone up so much in value.  And I think it is fair to point out while everyone is ripping these young folks getting bailed out on their student loans, many of us have immensely benefitted financially from the same policies which has made it more difficult on these young folks and contributed to their generation being labeled as soft.  

I have known many an immigrant I'll spare you the details but coming to America is very rational decision.  But it undoubtedly contributes to making working jobs less desirable through decreased pay, and who in there right mind would drop of their 11 year old daughter to pick berries and the like now days when the field is going to full of migrants between 20 and 50 years old?  This also contributes to making these kids sit around their house and play video games.  This is making it more difficult for young Americans to build wealth, start families etc.  And that to me is a shame.

Thank you for engaging I really enjoy discussing this and think it is very important,

Oh my god.  I'd pay them to leave if they would take it.  I would be very concerned that they are going to bait you into something legal, heavy drama or both.  

@John Morgan
My post is not about grit it is about demographics.  But I agree with you if we are going to raise kids that are soft, go to college for 6 years to get gender studies degrees, we will need immigrants to do the real work that needs to be done.  Immigrants are fine I don't blame them a bit but they are being used to push wages down which negativity impacts who our country should be concerned about American citizens.  I also can't help but think if immigrants are as great as you and others say why come to America with all the "Lazy people that always blame others."  

Such a great advice thx man.  Any insight on metrics etc you look at?

that answer is why I love BP!

I saw a storage unit facility that I thought was a solid buy.  Does anyone have any thoughts on how storage units may perform in a recession or just in the current environment?

Thank you,

 I would describe millennials as the most schooled and the least educated generation in American history.  To pickup on an idea of Mark Twain,

 It appears your personal experience is at odds with the statistics, which one may expect when dealing with millions of subjects.