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Diarrhetrius BrownSurprise! Surprise!
Lost just a tad over $6,000 but it will come back.
Yeah, it hurt but it ain't the end of the world and I am confident my money will return soon.
Dow jones today ended at 42,410.10 +1,160.72 (2.81%)today
If you will remember on April 7th I purchased $20,000 worth of ABLAX at $32.20. 621 Shares.
https://www.campidiot.com/viewtopic.php … 8#p7598188
On Friday ABLAX closed at 34.35 so the value went up by $1,328 which cushioned my loss. Watch what happens to the market tomorrow.
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Tom LeykisYou didn't lose a dime unless you sold assets. Normally, the ONLY thing that counts is monthly cash flow positive minus expenses. It DOESN'T matter what the asset is worth, just what it generates.
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caseycukedmeTom Leykis wrote:
You didn't lose a dime unless you sold assets. Normally, the ONLY thing that counts is monthly cash flow positive minus expenses. It DOESN'T matter what the asset is worth, just what it generates.
As long as his EBT get reloaded on the 15th Spankie will be just fine
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Tom Leykiscaseycukedme wrote:
As long as his EBT get reloaded on the 15th Spankie will be just fine
You know I don't care about the insolvent street bums.
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Tom Leykis wrote:
You didn't lose a dime unless you sold assets. Normally, the ONLY thing that counts is monthly cash flow positive minus expenses. It DOESN'T matter what the asset is worth, just what it generates.
Trained you well your broker has
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Heekeewrote:
Trained you well your broker has
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yup 
My ON4 Communications will bounce back to a penny any day now!
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Tom LeykisHeekee wrote:
yup
My ON4 Communications will bounce back to a penny any day now!
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Well, I trained myself on that. Stocks, yeah, Heekee knows I have a bunch, but the REAL asset base is Real Estate. Now that the mortgages don't exist, the income producing ones - which have been meticulously maintained - are generating positive cash flow. It's sufficient.
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caseycukedmeTom Leykis wrote:
You know I don't care about the insolvent street bums.
Yea but we all pay for his EBT, govt healthcare..
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Tom Leykiscaseycukedme wrote:
Yea but we all pay for his EBT, govt healthcare..
Yes, but that's the way it goes. Back to the point: What does one care what an asses value IS, when it's the cash flow that counts.
Our buddy Phil knows I still own income property in Marin County - just up the street from peacock feather junction. Let's say it pays me an average of $15,000 a month after management expenses.
Let's say the property is worth $2 million today. Then, let's say a faggot war breaks out between San Francisco and Marin counties.
The property value drops to $1 million, but the cash flow remains the same. Swimming in money either way, do I care?
May the best
WIN!!
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PelvicOarfishTom Leykis wrote:
Yes, but that's the way it goes. Back to the point: What does one care what an asses value IS, when it's the cash flow that counts.
Our buddy Phil knows I still own income property in Marin County - just up the street from peacock feather junction. Let's say it pays me an average of $15,000 a month after management expenses.
Let's say the property is worth $2 million today. Then, let's say a faggot war breaks out between San Francisco and Marin counties.The property value drops to $1 million, but the cash flow remains the same. Swimming in money either way, do I care?
May the bestWIN!!
You
Yes, but that's the way it goes. Back to the point: What does one care what an asses value IS, when it's the cash flow that counts. Our buddy Phil knows I still own income property in Marin County - just up the street from peacock feather junction. Let's say it pays me an average of $15,000 a month after management expenses. Let's say the property is worth $2 million today. Then, let's say a faggot war breaks out between San Francisco and Marin counties. gayfight The property value drops to $1 million, but the cash flow remains the same. Swimming in money either way, do I care? May the best gayfight WIN!!
Boomer
Well, you know, that's a really interesting take! But let me tell you, back in my day, we had our share of ups and downs too. Just like when I started my first business with just $500! I mean, who would have thought? I worked my tail off and built it into a thriving success, all while others were sitting around waiting for handouts. Sure, cash flow is important—I get that. But what really counts is how you manage your assets. I, for instance, always made sure to diversify my investments. And let me tell you, I've had some lucky breaks along the way, inherited a cool $3 million, but I still tell everyone it’s all about hard work. You’ve got to pull yourself up by the bootstraps, just like I did! As for your buddy Phil and the situation with that property in Marin, I mean, it sounds like you're doing just fine. But let’s not forget that the market can do some crazy things—just like when I turned that $500 into a thriving enterprise! If a 'gayfight' breaks out or whatever, you'll still need to be savvy about your investments. Stay focused on the cash flow, but don’t ignore the market dynamics. After all, if I can succeed with sheer determination and a little help from my parents, then anyone can! And that’s the real lesson here, my friend!
https://zewp.com/boomer.php?uid=202505131338271360
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