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@briand53793 ай бұрын
I don't get Opendoor. If you haven't learned how to buy and sell inventory in 10 years, then it's time to bring someone in that understands the concept of buy lower and sell higher.
@2023Red3 ай бұрын
Now Rick, I know you are rate focused so I will comment to that topic is a related way. Our money maker is the stock market. The big mover is referred to as implied volatility and the stock market symbol is VIX. Smaller values indicate less risk and bigger values reflect more risk. Some people refer to VIX as the Fear Guage. Today VIX is at a low not seen since the year 2017. Professional investors are greedy not fearful. Tonight I just bought Spx puts at $10,000 because it has not been this cheap for a long time. I consider that trade as an insurance policy against a sudden market drop in the next few weeks. The cpu and ppi are candidates. If wrong my portfolio will do very well and if right then we will not get hurt too badly. But VIX is different than rates but the sentiment is the same. Let us hope cpu and ppi prove me wrong! And rates do not go up.
@Rickhelps3 ай бұрын
I am real estate focused and the majority of buyers and sellers are watching rates closely. There are plenty of other investments worthy of attention but many people simply want to know how they can own a roof over their head.
@2023Red3 ай бұрын
@@Rickhelps Okay. I get your point that real estate is your focus. And people want a roof over their head. It is clear. I wish your business much success.