My father always said that it is hard to go far wrong with Real Estate. They just are not making any more of it. In his 85 years he was never failed by a single piece he owned, held, leased or sold. Had his sucess in business as well as a few that flopped. But the Real Estate always came thru in the long haul. I have tried to follow his example best as I could for most of my life and as I sit here today it has worked out pretty much the same way for me as well. All those years, nights and weekends, doing those chitty jobs as his #1 assistant paid off.

My home and my vacation home are shooting up in value according to Redfin and Zillow.

Gotta have the right ETF's. HIBS, SPXS, SQQQ, SPDN. The markets can be played both ways.

I'll be looking for sure. Probably going to scoop up a 31 Formula PC or similar Sundancer to hang on next year.

Shorting the market isn’t investing…nor is it owning an asset. Looking backwards is always 20/20.

just like owning apple and Microsoft in the 80’s.

I've already noticed boats that were not to be found last summer are being posted up. People are offing their luxuries as everything is going up but their paycheck.

I've noticed prices going back down to pre-covid levels and seeing good deals as well. I think some people will be looking to get out of boating cause the gas is so expensive and inflation eating hole in wallets.

Real estate generally a good bet, but I've worked on many single asset real estate bankruptcy cases as well, they are not without risk.

They are leveraged ETF's and you own shares just like any other ETF. They are made for short term investing and trading.
I think I'll keep the 20% in $$$ assets I gained since last Thurs as opposed to the 10% the markets lost.

Anybody looking for a Good home for their 34NT?? I have a nice warm w/h and a totally enclosed slip w hoist. Promise to love it long time :daz:

SDOW isn’t an asset…nor are any of the leveraged ETF’s. They all have theta decay built into it. Meaning they all go to zero. If that’s the definition of an asset…then I guess you are right.

you are timing the market (I.e. gambling) to hedge your stocks…which is fine.

still not an asset.