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Re: Poor Man - post# 532215

Monday, 11/14/2022 7:31:52 PM

Monday, November 14, 2022 7:31:52 PM

Post# of 723471
I dont use a hose. But nice picture anyway.

I/We use Chainsaws, Pulaski's, Council Rakes, McClouds and Rogue Hoes. Lets not forget air-assets at our disposal: Heavy and light Airtankers, VLATS, SEATS, Erickson Sky-Cranes and Sikorsky's. All heavy hitters and the unsung heroes of wildland firefighting. If you are going to parody something, at least make it correct and proper.

TIPS (Treasury Inflation-Protected Securities) terms are too long for me 5,10,15 and 30 year durations. I can do better than that investing when the next bull market hits and real estate purchases. I prefer shorter duration to stash "safe cash" as I can time my UST duration to when I think the Fed moves from QT to QE. Also, I dont want to be holding TIPS during deflation. Residential Real-Estate will be the "move" then, but purchases needs to be timed correctly as to come within 6 months of either side of the bottom, so 1 year. Worked in 2008 and will most likely again. This is where having cash (from selling 1 year USTs) on hand for RE purchases can make a big difference when 30 year fixed is at 7+% on investment properties. Cash=no mortgage

And no, you didnt put out any "little brush fire" of mine. That will burn forever, no doubt.

-Fireman
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