MARKETS,Anybody even yet?

[tech58]

Just holding now and not buying. Going to wait and see if the market takes a downturn. Just can't keep going up like this.

I thought so too. But danged if it hasn't.
I only bought CAT at $278, gone to $360.

[tech58]

Hey olds have you sorted out the REIT's that are big in NY? Not a good spot for owning office space.
Likeing ABR,SCH, and MORT but not sure.

[olds442jetaway]

These are the ones I have all doing ok. Bought near the lows this year. I also have DOC which will be ok but struggling a bit. Probably San Fran related. DOC used to be PEAK. Morningstar has fair value as 30 and it’s only 17. Merging with physicians Realty trust.

[olds442jetaway]

If the analysts are right ( who knows ) that DOC should go up 22 percent in the next year plus it will pay its 7 percent dividend, I’ll take that any day of the week. I may add to mine depending on what the market does next week.

[case]

Sold my Disney stock today. Some of you might remember I was buying last year when it was around 80 dollars. I had a sell listed for 120 and it hit that this week. I bought it to sell when my profit would be 50% and that’s what happened. Also they went up today to a higher price but on lower volume and that to me means it should correct to a lower price in the near future.

[olds442jetaway]

That’s great. Great job. Still holding mine, but will be watching the headlines etc.

[FAA]

What a bloodbath. That erases a month of NASDAQ gains quick.

[Karl_EDT]

Gold ETFs doing very well, SIlver pretty good too. Over 5 years, just before the Covid pandemic, Gold is has 82% overall return. Price of Gold in Springtime 2019 was about 1300 USD per oz. Today it is taking a bit of a hit but its still over 2330 per oz, give or take. Real estate though is always the most balanced and productive investment, if you know what you are doing. And it helps to be in the wealthy elite social clubs where deals are conjured, and regulations/laws/ethics swept aside to keep the wealthy elite people wealthy and elite!

Time to look to the gardening..... If things go bad you cannot eat bricks, either gold or the red building kind.

[olds442jetaway]

Ditto

[FAA]

Another brutal day. I can’t stomach these numbers.