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Margin Man Calls, Bloodbath Ensues 8/5/24

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Back in 2020 during covid lockdowns, I was living in Croatia and was interviewed by their business magazine. They asked me what I recommended for investments. I told them to buy local apartments because the wave of digital nomads would mean more and more demand for apartments there. Little did I know that they would double overnight after the pandemic and the start of the Ukrainian invasion. 

They're still a steal. 

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19 minutes ago, DrStool said:

I rented a penthouse in Warsaw for half what I'm getting for my place. The guy owns 70 units and is discounting the crap out of them. Yes, it should be less than mine, but not half. I think he's sucking gas. The number of units some of these small operators own is mind boggling. I don't know how they get the financing. They have to be leveraged out the ass. 

I agree with you. Won't end well. 

did he buy them when interest rates were negative?

and maybe got some form of investing govt. love?

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7 minutes ago, MisFit Kid said:

did he buy them when interest rates were negative?

and maybe got some form of investing govt. love?

Poland. I don't think so. 

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Looking at a "Mish" chart......he uses bitcoin for REF.     if you have time...look at some Dow Jones stocks, too......

I have to ask what happened oct/nov of last year? (Ai?) (Santa)

>: maybe he should name the charts correctly....

>:: he did fix the names.......

 

nov.JPG.6fc3167d65f82876e437aaaefd17cca4.JPG

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Bottom is in?

 

We also got several ugly news for stocks

1. Google is a monopoly (paid Apple for search preferences)

2. Delays in nvidia deliver

couple others.

 

Im amazed by how Oil is hovering with so much news about war at middle east.

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