Favorite team:LSU 
Location:
Biography:
Interests:
Occupation:
Number of Posts:25341
Registered on:1/23/2005
Online Status:Not Online

Recent Posts

Message

re: Expectations for PENN

Posted by AlexLSU on 5/22/20 at 2:00 pm
I owned it at $11 and sold around $15 in search of greener pastures and assuming consumer discretionary would continue falling. Now, I own a smaller position at $24 and could run the numbers easily to see my strategy was a mistake, but instead, I’ll just stroke myself over my new 15% return

re: Airbnb/rental covid relief

Posted by AlexLSU on 4/29/20 at 1:55 pm
quote:

It is due to the government shutting everything down that the STRs are losing money. Not because of anything the owner did.


Sounds like the owner in these cases didn’t have any plan for 1-2 months vacancy. Who buys a second property for rental purposes (whether it’s a STR or a yearly tenant), without factoring in a little vacancy? You want these people bailed out when the unit’s air conditioner breaks as well? There’s a myriad of costs beyond principle, taxes, interest and insurance that should be considered to determine if the numbers work.

An STR is inherently risky, especially if you aren’t putting much down. The income property movement has been so smooth for years now that people haven’t weighed the risks or considered their exit strategies

re: Rates on investment properties

Posted by AlexLSU on 4/15/20 at 11:01 am
I was thinking about this the other day. The real estate market will have to pull back since there will be less people employed and no wage growth for most people that keep their jobs. Obviously certain areas will be hit harder than others. Potential new home buyers should dip considerably over the coming months due to lack of funds, market fear, etc. I’d imagine with a lull in lending that banks will be more lenient with rates, down payment amounts, etc.

re: Anyone loading up on NRZ?

Posted by AlexLSU on 4/8/20 at 12:03 pm
quote:

What's the rush?


Short term gains for profit or more buying power? It’s bounced between $5.27 and $4.85 within the last 90 minutes so people are pumping and dumping intrtaday.

re: Anyone loading up on NRZ?

Posted by AlexLSU on 3/31/20 at 1:48 pm
We’re about in the same boat, 85 at $6.85 here. Was wondering if the dividend reduction was scaring off any longterm holders

re: Anyone loading up on NRZ?

Posted by AlexLSU on 3/31/20 at 1:38 pm
No one is laughing about losing money ya goon; I’m laughing because no one responded to the thread

re: Anyone loading up on NRZ?

Posted by AlexLSU on 3/31/20 at 12:10 pm
Did anyone load up? :lol:

They announced a divided reduction today which is causing a sell off. It’s about to dip below $5/share which is close to the year low

re: I remember

Posted by AlexLSU on 3/25/20 at 10:33 am
This market is almost indistinguishable from crypto. Huge swings based on slivers of news and optimism/pessimism. Hard to imagine that the gains will continue in the immediate future but who knows when you’re dealing with an unprecedented situation

re: Plays that kept LSU 15-0

Posted by AlexLSU on 1/26/20 at 8:39 am
Honestly, there’s very few plays that I think we absolutely needed to make. If LSU didn’t make some of the crucial plays they made this year, I feel like we would’ve just made another crucial play after to still win the game. Especially if the ball was in Burrow’s hands.

That being said, 3rd & 17 against UT and the 3rd & 10 pass to Clyde in the flat against Bama where he drug Diggs five yards for a first down really stood out to me. Obviously the UT play sealed the game. Bama cut the lead to 33-27 and had all the momentum. Burrow literally had one second to make that throw. If we don’t get that first down, we punt and who knows what happens. Clyde getting that first down eventually lead to a TD, which was the boost of confidence that ultimately led to that win. That was the most important drive of the season IMO
2001 and 2017 have been our best if you’re looking at what they amounted to, followed by 2009, 2014, 2016.

The 2017 class will likely produce a dozen NFL players
Feels weird to include PP7 since he played 2/3 years in the 00s, but he won a Thorpe award and was one of our best players ever:

Burrow
TM7
Devin White
PP7
Claiborne

OBJ, LF7, Guice, Adams, Chase are all elite players worthy of consideration. Don’t feel like Delpit is in the conversation despite being an unanimous All-American and Thorpe winner

re: Question for Sports betting folks

Posted by AlexLSU on 12/8/19 at 11:53 am
If you are going to take Clemson +1, go ahead and bet the money line to get slightly better odds

re: GEAUX TIGERS!!!

Posted by AlexLSU on 12/7/19 at 11:16 am
We don’t need your luck, Aggie. STTDB

50-7
This is a good post and perspective. We’d all like to have a dominant defense to go with our dominant offense, but it’s not happening. The silver lining is that the defense has great series and halves, and it also comes up with big stops. We give up an insane amount of explosive plays for TDs, typically due to missed assignments or tackles by one or two guys. I’d be a lot more discouraged if we were just completely inept defensively with no hope to stop anyone, but that’s not the case. LSU honestly just needs to make a few big plays to have a defense capable of winning a title this year. It’s not ideal, but it’s the way it seems to be.

Another silver lining with the defense is that its struggles have pushed the offense to perform time after time. Our guys are battle tested while OSU and Clemson haven’t had that challenge. Who knows how they’ll respond in a situation they haven’t been faced with?

I’ll also say this: Auburn has a dominant defense, and they are 7-3. LSU has a dominant offense, and we are 10-0. Enjoy the position we are in
quote:

i would add that my favorite hole in the wall in east nashville for margs is 'el fuego' who makes $3.99 margaritas from scratch


I live right by this place and love their food, but they make their margs with soda water which is equal parts weird and gross

re: Your recruit that "got away"

Posted by AlexLSU on 8/24/19 at 10:08 am
Joe McKnight
Landon Collins
Cam Robinson
quote:

It'll suck for single family homes since there will be more competition, but hey can't have an omelette w/o breaking a few eggs


Could be a good reason for people to hang onto their SFH and rent it out. I feel like only savvy RE investors actually scoop up deals during recessions. If average joes don’t buy RE during good economic times, I think it’s unlikely they do so when the market is shaky. Overall I’d imagine the buyer pool shrinks and the renter pool increases while people wait out the dip/recession
I have the mower and weed eater. I have a quarter acre lot, and the battery life for my equipment is just fine if the grass is a reasonable height. The first time I cut it the yard was overgrown, and the battery died about 85% of the way through the cut. I think they advertise that the charge will last for a half acre lot, but the grass would have to be short and dry and you’d have to quickly cut it.

My weed eater cuts the lot no problem with at least half a charge remaining (so in theory I could weed eat twice on one charge). The mower is really only good for one cut before it needs another charge.

In terms of the cut quality, it’s great. Ryobi makes great products in my experience. The mower is also ridiculously quiet. You can cut your grass at 6am on a Saturday and no one would be the wiser
quote:

doesn't focus exclusively on investing, but Thinking Fast and Slow by Daniel Kahneman is the best book on behavioral economics/psychology I have ever read. I think it can help improve decision making in all areas, including finances


If you enjoy Kahneman, check out Michael Lewis’ book The Undoing Project. It focuses on Kahneman’s relationship with his colleague and friend, Amos Tversky, who was the driving force behind a lot of their behavioral economic theories.
quote:

Why tho?


My guess would be that since people have increasingly moved to cities over the past decades that there’s less reason to move for work. With less people living in rural communities there’s just less people that need to seek employment outside of their own area. It’s a side effect of a larger migration trend