Thread regarding Intel Corp. layoffs

@uzk Trump is not Prez and may not be one. Inauguration on Jan 20 is far and a lot can happen between now and then.

😑 😔 😒Have you had a look at the developing political movements ?

Petition to bring back Killary. Demonizing by media of Trump and his conflict of interest. Promotion of Obama as a successful Prez. Discussion of ways to get rid of Trump to keep his presidency momentary if inaugurated by mistake.

Taxes going down under Trump unlike inept Obama.

Read the m0r0n below 😂 😂 👇harping on about rental property investment. These kind of ppl will be the first ones slaughtered. Arrogant, no awareness of the world they live in, live a life based on what they see on tv or dumb colleagues advice...

Someone break the news to the LOONY TUNES that the world approaching us is a world never seen before. Someone forgot to do BASIC risk analysis and learn of various dangers getting ready to be bestowed on the people - man made disasters and weather calamities, economic collapse, rampant imprisonment and slave labor entrapments of Americans, kids being stolen to entertain pizzagate parties, civil unrest, spread of lab created diseases, war....etc go read and learn yourself.

Shave gold to buy bread 😂 😂 ...😂 you are more clueless than previously believed. NO prepper is exchanging gold for food because basics of being prepared is having food or means to produce/make food already. We will barter our supplies for what we need. Gold is the last resort ... Gold always retains value regardless of currency, it is world wide valued.. ppl in history have been able to escape situations with exchabge of gold. No one is going to be slicing or dice their original bought gold pieces to be able to use them at their fair value.

YOU ARE A MAJOR DUMBA$$$$ 😂 😂 😂 Fool...

YOU and your kind are the ones that will be scrambling at last minute of emergency selling your family for scrap of bread or turning to cannabalism.. if you don't get slaughtered by rioters or get taken into FEMA first.

😂 😂 😂Enjoy thinking that your money in bank at financial collapse will help you with banks closed, no ATMs or money withdrawal restrictions. No supplies in grocery stores. You can eat and drink your rental properties at that time.

Keep living in your fools paradise. 😄 😄 😄...thinking properties are not going to depreciate when housing bubble bursts 💥💨🔥

Many of us .. without debt .. credit score 800+ can afford to buy home with cash but we don't .. I rent in a luxury gated rental community surrounded by affluent professionals - doctors, dinks, lawyers, entreprenuers....i know most of them could buy a home if wanted to.

There are more advantages to not owning than being stuck in a place. If earthquake or disaster hits, I won't be crying😭 over a owned home or rental properties, being homeless or in FEMA camp ...I'll just pack my emergency things in my luxury SUV camp somewhere or move into diff rental.

Yawn

The other thing that's nice is that Trump will be deregulating banks very very soon.. That' great news for all of us that have been racking and stacking up homes we bought as REO's and short sales during the Great Recession, when the idiots in this country had overleveraged and took out exotic loans (like ALT-A stated income loans) to buy properties they really couldn't afford with loan terms they didn't understand or could afford.

Right now, a lot of people can't qualify to own...So that naturally puts a lot of demand on rentals. BUT, when trump economy does relax banking regulation, banks will end up doing what they are so good at...Creating the most crazy loan products and offering them to the most financially illiterate people in this country, so that they can once again, take out an an exotic loan product, to once again buy a home at a highly inflated (now above peak) prices....Because obviously, the way it works in this country is, affordability is defined in terms of "minimum monthly payments"...Forget about compounding interest, or negatively amortizing loan products (which is why a lot of people ended up losing their homes)... As long as people can make the "minimum monthly payment" (just like on a credit card), it's "affordable"....Lol.

The availability of easy financing (which is where we are headed again)... that might put pressure on the demand for rentals, but that would also be a great time for landlords to sell their rentals at a hugely inflated price. It's been a great run milking tenants all these years, and you can laugh all the way to the bank when you do sell your homes you picked up during the great recession at 35-40% off at above peak prices, when these morons, using their easy money loan, ends up overpaying for the right to be a homeowner....again.... then patiently sit and wait for these same morons to fall behind on their loans, and buy those homes back a few years later at the 30-45% off discount when it is sold as a short sales or REO, just like in 2008/9.....

It's funny how things tend to repeat every decade....I guess you have an entire new set of gullibles that either has forgotten what happened to the previous gullibles from the previous decade, such that they end up making the same mistakes as the previous group did...

-isa. Don't need luck. I have experience and plenty of history with this among colleagues pointing me the same thing. Now it would be different if you're in a blight infested place like maybe in some rustbelt area where job scarcity, opportunity scarcity is rampant. BUT, why would you want to be a landlord in a depressed area?

-ugt...Lol doomsayer. I know I know... Buy gold bullion and tuck them away in your mattress. And then when the entire economic system collapses and you need to buy a loaf of bread, all you would need to do is to shave a few flakes off of your gold bullion, take it to your local grocery store...And pooofff. You get to buy dozens loaves of bread...Right?

Even now, you say this, with a straight face...As we continue to see gold prices fall like brick..Down below $1170/ounce.... When you listened to Glenn Beck who told you to buy gold bullion when it was $1800/ounce, how's that working out for you right now????Lol

Now there's nothing wrong with gold bullion.I mean, if you want to avoid paying inheritance taxes when you pass something on to your kids. I mean, legally you're suppose to report bullion holds as assets.. But who does, right? Hint hint.

It's not hate, it's unbiased writing. Learn to be open minded and learn something new!

yawn Trump haters are boring now

Reset means a depression but reset doesn't mean a new currency. There is no need for a new currency. The dollar will be devalued.

India was a cash society. An economy which is not digital just got financial apartheid. Being controlled by small government minority. Rupee got hit by cash ban. As global crisis expands, India stays at top of list of very bad ramifications.

hmmm goodluck @ulj

-egg. Of course they have a choice to rent from someone else, but I am sure that they will end up paying more if they did elsewhere. Afterall, I'm consistently below market price so I'll still have a clear advantage over everyone else. Plus, if everyone else's costs are going up, they are going to end up raising prices too. And given that home prices are still unobtainable for most people in this country, it's not like they are going anywhere. Sure, they could try to move to a "lower cost area", but the tradeoff is perhaps those lower cost areas end up costing more in time/money to commute, and scarcity of availability of jobs close by.

Higher taxes are great for everyone...Except not when you end up having to pay your fair share too. lol.

@lbk and you think your tenants have no better choices to rent ? or Relocate ?

Well, since my operating costs will be going up, I think I'm going to raise my prices for my rental properties. I've been consistently renting my properties slightly below market price, but I guess I'll just pass on more my tax increases on to my tenants. After all, if anyone's quality of life is going to be reduced, it certainly won't be mine.

As long as he fixes a few things a little more taxes is fine.

People need to get over paying!

Time will tell .