<p>Artlover, you describe exactly what i told friends selling their home,which has a contract.the Home inspection is only the 1 st of several tylenol events</p>
<p>It is if you aren’t going to sell for at least 10 years. Lol</p>
<p>Your home is worth zero until you put on market ,find a buyer,and close the deal…any other value you think it is worth is just cocktail chatter</p>
<p>Is a stock worth zero until you sell?</p>
<p>I can sell a stock at any moment,within seconds…try doing that with your house?</p>
<p>A stock has a value placed on it with every trade,is priced in a second…</p>
<p>Ok…but the lack of speed in a transaction doesn’t make an asset worth zero.</p>
<p>Otherwise…there are a lot of real estate moguls that are a lot poorer than they think. ;)</p>
<p>you cannot mix stock and primary residence in values. Stock is an investment, but primary residence is where you live. You can sell an investment and make money. You cannot sell your house and don’t live some where else. I see primary residence as an expense, you pay rent or mortgage, either way it is an expense. Many ppl live and die in their house, so whether it appreciated $1 or $1Million, it does not matter to you any more. Some of you may down size and pull out some equity, that is the gravy, not the meal.</p>
<p>I buy and sell houses, that is different. I view house as an investment to make money.</p>
<p>Ask the buyers of Stuyvesant Town,Peter Cooper Village if they thought they had a handle of the value of their real estate venture…They wound up handing back the keys,lol…this was a few years ago</p>
<p>Tishman and BlackRock led a joint venture that won an auction for the property. The $5.4 billion deal was the largest individual property sale in U.S. history, coming at a time when interest rates were low, debt was cheap, and the real estate market was hot.
Tishman and BlackRock used $4.4 billion in debt to finance their acquisition of Stuyvesant Town/Peter Cooper Village, and earlier this month the partnership owning the complex defaulted on $3 billion in debt payments. In October a New York appellate court ruled that Tishman and BlackRock could not deregulate rent-controlled units in the complex while continuing to accept public tax benefits.</p>
<p>So you think Donald Trump ,he of multiple bankruptcies( which he proudly claims is untrue,lol) is a RE Mogul? Or just a carnival barker ;)</p>
<p>We did a pre-sale inspection that was full of minor issues but nothing catastrophic and now the buyer’s inspector is just finishing up his report. From his questions to me, it seems he found similar small issues but nothing major, hooray! Now if only the appraisal comes out at purchase price or above, please please please. We are under market average for ppsf, so hopefully all will be well. This waiting is so stressful but not as bad as being on the market!
And I’d say every house has SOME value (except the tear downs, and even they have the land) but no one knows what that value is until someone else buys it.</p>
<p>Missed the good news, jym! Being done is well worth the money…</p>
<p>QDog, I’d say Trump was both. Whatever you think of him, he certainly knows how to dust himself off after disaster and get back in the fight!</p>
<p>I am not a fan of Trump.</p>
<p>Qdogpa…you never owned a stock that went to zero? </p>
<p>I owned a few. :)</p>
<p>Never traded on margin?</p>
<p>I’ve owned stocks that went to zero but I got out far before that happened. That’s what technical analysis is for.</p>
<p>Guilty of taking the elevator to the basement on many stocks, still had the ability to sell at a whims notice…can’t do that with your house…people shold realize their houses are first and primarily, their homes, a place to live…i can assure you my parents generation never thought of their home as a retirement vehicle…It is us baby boomers who said such, and this is proving not to be a good concept</p>
<p>Well…I owned stocks that went to zero…and went to zero while I owned them.</p>
<p>One of my biggest losses…I was selling…and there was a bid for 7,000 shares of a stock after I sold quite a bit…and a friend of mine said I am crazy for selling because there was a transaction that company was going to do that was going to help the company…</p>
<p>And I said…the transaction is known…and the stock is trading lower than before the transaction was announced.</p>
<p>I said I want to get out of most of my stock…would you bid for 25,000 shares so I can get out of most of the stock…32,000 shares would do it… The stock was about 4.375.
And he said no…and two minutes later the market closed.</p>
<p>And the next day…the stock opened at .50.</p>
<p>I had already sold over 100,000 shares…</p>
<p>Couldn’t get out of the rest… </p>
<p>I did not know I had 2 minutes to get out of the rest… Especially when the stock was supposed to be worth north of 5 bucks because of the transaction…which was cancelled after the close. </p>
<p>I was also stuck with some shares in my keogh.
I am not that clairvoyant.</p>
<p>I have no problem with your last post qdogpa.</p>
<p>These days I like to trade stuff that has at least half a billion in moneyflow per day. I do make some exceptions from time to time.</p>
<p>There are automated technical screeners around - I don’t know if there are those where you put in your portfolio and they give you a summary of indicators and what they mean at the end of the day.</p>
<p>You can set up portfolios on stockcharts that give you lists of charts and just scan the charts for danger signals - something that should just take about 15 seconds to do if you’re just playing with 10-15 stocks.</p>
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<p>That’s what a trailing stop loss is for!</p>
<p>Stop losses can also mean keep your lose and lose out on the bounce back up</p>