The Coz Tempus Fugitive 26220 Posts user info edit post |
I think reality is starting to settle the market froth. The market doesn't love uncertainty, and that's the name of the game in Trump 2.0. 11/15/2024 1:10:36 PM |
theDuke866 All American 52855 Posts user info edit post |
Anyone bought USAF (Trump-hedge ETF)? 12/3/2024 10:05:04 PM |
The Coz Tempus Fugitive 26220 Posts user info edit post |
^^I was wrong. Irrational exuberance continues. Why it's a good idea to stay invested regardless of political outcomes. 12/4/2024 7:02:13 PM |
theDuke866 All American 52855 Posts user info edit post |
yeah I haven't sold anything, but I have a lot of cash that needs to be deployed, and I can't find enough places I really feel good enough putting it into. 12/4/2024 7:17:37 PM |
CaelNCSU All American 7125 Posts user info edit post |
Why not a chain BBQ restaurant? We don't seem to have enough of them around. Coffee shop trend has slowed and even seen a few closed. Mullet restaurant? 172 for a flight school? Open a hobby business, like kids clothing store, for your gf on Palafox?
Stock gambles are/were SAVA short which paid off nice, CAVA (not paying off), Joby and Archer Aviation. I think both are horrible businesses but a lot of hype around eVTOL. No one is going to buy a $5 million aircraft that requires a pilot and can't fly IFR or do anything a regular heli can do, like carry a harem of hookers to your kids basketball game. Wait. 12/5/2024 12:49:47 AM |
theDuke866 All American 52855 Posts user info edit post |
Oh I don’t want any small business. I want passive income or capital appreciation, not more work to do.
I would consider ownership of another airplane though, if I could find something that would be a good cross country machine that I could also rent out. I’m not sure there’s much overlap there, though. 12/5/2024 9:43:34 AM |
CaelNCSU All American 7125 Posts user info edit post |
^ yeah especially in markets like this. I think in a larger metro you could get away with having something like a Cirrus or Bonanza and also renting it out. 12/5/2024 10:52:19 AM |
theDuke866 All American 52855 Posts user info edit post |
Right, exactly
I would consider something like an Arrow or earlier model Mooney, but i think it would be tough to make significant rental income with it compared to the cost of operating it in that way…
And even if I could break even or better with a 172 or Warrior or something, I have very little personal use for it, so it would largely just be a business, and probably a mediocre one at best. 12/5/2024 2:01:52 PM |