It’s Only Money
by Jim the Realtor | Oct 3, 2010 | Jim TV, North County Coastal, Thinking of Buying?, Tips, Advice & Links | 6 comments
by Jim the Realtor | Oct 3, 2010 | Jim TV, North County Coastal, Thinking of Buying?, Tips, Advice & Links | 6 comments
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FOMC Minutes "Near-term inflation outlook had deteriorated" https://www.calculatedriskblog.com/2022/07/fomc-minutes-near-term-inflation.html
"the near-term inflation outlook had deteriorated since ... the May meeting."
"participants judged that an increase of 50 or 75 basis points would likely be appropriate at the next meeting."
Goldman: The peak for core PCE inflation has likely peaked. The goods inflation surge caused by shortages and rising commodity prices should moderate.
But "we expect year-on-year core CPI inflation to meaningfully reaccelerate in late summer" before falling to 5.5% in December.
Million dollar view, with quite a slope down to the sea. Whether that ‘wall’ is sufficient to hold back the Ocean is indeed the million dollar question.
The investment return on $1 million should buy you a very nice vacation every year.
Those bluffs are a huge special assessment waiting to happen.
It would be hard to sleep knowing people are lined up waiting for their mitigation money.
B. Ignoramus, Why invest a mil for just a week a year when you can buy there and vacation EVERY day of the year?
Not a million — the annual return on investment for a million.
$50K should buy you a very nice annual vacation in Hawaii, if you can manage a 5% annual return. And you would still have your $1 million.
MB Mike:
If you get to live in a 4season everyday for a while, I wonder what you may feel say after 6 months?