Can We Finally Admit It Was Stocks Over RE?

"Rico, who the hell cares about 1999? Were you & I here in 1999 claiming buy vs. rent-and-invest? No"

Bingo.

All you ridiculous predictions were made in 2005/6/7/8/9... and hell, even now.

SWE, you've been very single issue lately. To remain interesting, tell us about something else - the next Magic Eataly, how well you did at Harvard, how you hate postmen, your fear of Jehovah's Witnesses.

UES10021, some interesting facts regarding volatility & leverage. Volatility of 3x levered housing has been about the same or higher than stocks. Volatility of 2x levered housing has been about the same or higher than stocks+bond.

Here are annual historic volatilities from monthly data:

10 years of S&P 500: 14%
100 years of Shiller stock data: 14%

10 years of 50/50 stocks/bonds: 8.5%

10 years of SE index: 6%
18 years of SE index: 5.75%
50+ years of Shiller housing data: 4%

>Volatility of 3x levered housing

?

I'm was just pointing out some of the reasons why RE generally returns less than stocks, and why its still not all that bad. In general it has lower volatility, and in most circumstances there are no margin calls (unlike stocks) despite being able to use significant leverage. There is no doubt that the indexes show stocks outperformed real estate since...almost whenever you want to call it. However investor behavior rarely mimics the indices.

Nice for somebody to bring up volatility. Also could someone please mention how dumb it is to buy leveraged ETFs? They are a suckers bet.

"SWE, you've been very single issue lately."

No, you just keep bringing up the same issue.

"To remain interesting, tell us about something else - the next Magic Eataly"

No use... you don't seem to grasp how real estate markets work, so I can't help you.

"how well you did at Harvard"

Yale. Pretty well.

"how you hate postmen"

I love postmen.

"your fear of Jehovah's Witnesses.

Not fear, pity. Well, really pity for anybody trapped in the religion fairy tale.

"Nice for somebody to bring up volatility. Also could someone please mention how dumb it is to buy leveraged ETFs? They are a suckers bet."

Yes, all the suckers bets I know return 400%.

Damn, suckered feels nice...

The Pain, The Pain!

SW,

My gosh, you do like pounding that tiny chest.
You are a member of SE on OCTOBER 2009 AFTER THE S&P PUT IN A 80% RALLY OFF THE LOWS.

Since joining here and recommending to BUY STOCKS, the s&p is up about 50%. I've been a big supporter of stocks and a big supporter of buying during the Spring 2009 mayhem. That 100K invested in a unit in WB or LIC would have FAR EXCEEDED S&P's return since OCTOBER 2009.

Again, YOU JOIN SE ON OCTOBER 2009 AFTER THE BIG MOVE.

Now go pound that tiny chest of yours again.

>Now go pound that tiny chest of yours again.

you think he's having a heart attack? Maybe C0C0 can recommend a doctor.