/u/The_Everything_B_Mod's posts
The average 401(k) balance is $112,572, according to Vanguard. The median 401(k) balance is significantly lower at $27,376. (Always use the "median" for everything regarding money, like the "median" house price and the "median" household income as the avg adds the billionaires in.)
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I'm a professor. Students hate this one simple trick to detect if they used AI to write their assignment. (Awesome trick!)
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Again this guy has all the data, he is really the only person you need to watch regarding the economy and especially RE, here he talks about the current stock bubble and some history of others.
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This could be the start of a recession 💥 (Another post about this. LOL I have zero idea WTF the Sahm Rule is, I suppose I will research what this is right now.)
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Maybe this bit of information could shed some light on the stock market crash, if it is really almost here:
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Interest rate cuts are on the horizon, but high mortgage rates could be here to stay (Sorry to let certain people know but our interest rates are very normal to below normal right now. What is not normal are the price of assets and the ONLY reason for rates being raised is to depress asset prices.)
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Real estate values in Texas and Florida are being hit by violent weather as insurance costs spike (Like I've said before: Nail in the coffin for RE, just remember the last peak from 2005 to trough in 2011 took 6 yrs. I guess you could compare that to the peak in 2022 putting the crash in 2028?)
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“You look like a horse, but you’re not (biologically) one.” (Well, Trump said that the porn star he banged while his 3rd wife was pregnant looked like a horse. Does that make her a horse? Asking for a friend. LOL)
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FBI Issues Serious Crypto Warning Amid $300 Billion Bitcoin, Ethereum, Solana, BNB And XRP Price Crash (Honestly I've got no problem with crypto, other than using Meta Mask and Uniswap to buy a shitcoin that went up 40X, a hacker got me for $40 k. It's a PONZI yet the hackers are the real problem.)
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