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Visa has become the first major payment processor to enter the crypto world.  They will now settle transactions in USD Coin over Ethereum.  In this instance Ethereum isn't referring to the crypto coin, but the blockchain.

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This is Stretch.  Stretch is the newest robot from Boston Dynamics and is designed to automate warehouse operations.

 

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14 minutes ago, Deleterious said:

This is Stretch.  Stretch is the newest robot from Boston Dynamics and is designed to automate warehouse operations.

 

Whenever I see a BostonDynamics video it reminds me how unimportant the debates on climate change and pollution are since these ******* robots are going to kill us all way before those do.   

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I had predicted the S&P 500 would hit 4,000 by January 1, 2021.  I was off by about 3 months after it closed at 4,019 Thursday.

It took 1,227 trading days to go from 2000 to 3000.  It only took 434 trading days to go from 3k to 4k.

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I laughed at this April fools post.  They did a good job sucking you in.  If you follow real estate at all, the first 3 or 4 points are pretty believable from some people these days.

Quote

How we landed our dream home.

With all the negativity here, I wanted to share some good news. Been looking for about 6 months in this market and FINALLY our 6th offer was accepted! Here is how we did it:

  • home was priced at 675k, which was 75k above the highest comp in the area in the last 6 months

  • we figured what’s another 25k, so we bid 700k

  • this was a cutie patootie home from the 30s, but since it was in great shape, we waived inspection.

  • the home’s living room was slanted, but only by 5 degrees which is no big deal because we needed a home and we didn’t want to throw money away at rent like plebs.

  • we also waived all other contingencies because contingencies are for pussies.

  • there were 42 other offers here, so to make our offer stand out, we offered 1 year of free rent back to sellers. Renewable to 2 years at seller’s discretion.

  • since we REALLY wanted this cute home, my wife and I also offered ourselves to the sellers for a few nights.

  • we also considered the fact that home prices have only gone down like once in the history of humankind. And since bubbles can only be caused bad lending which is NOT happening now, we felt comfortable that our 1930s home would continue appreciating at 15% a year.

That’s all it takes to win in this market. Please stop the complaining.

 

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Just checking prices of remaining townhomes in our sub....the increase looks higher than 18 months ago. Meanwhile fence prices are thru the roof.

 

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57 minutes ago, CMRivdog said:

Just checking prices of remaining townhomes in our sub....the increase looks higher than 18 months ago. Meanwhile fence prices are thru the roof.

 

I'm retired and have been working on a large home improvement project.  The price of lumber is nuts - along with the other things you have on that list.  At least to anyone paying attention.

But we get this; Here’s where the Federal Reserve sees interest rates, the economy and inflation going - from Bubblevision

At the top of the page they give us this;

Quote

The central bank now sees inflation running to 2.4% this year, above its previous estimate of 1.8%

Really?  What planet do you live on?

They want inflation, and can't get it, while they bull**** us that we don't have any.  That should tell anyone with two brain cells to rub together how FOS these people really are.

Note to self - STOP

OK

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We’re putting in a fence, mostly for the dog. We got an estimate last fall and the contractor warned when I called back wood had gone thru the roof. We’re going with power coated aluminum fencing. Don’t want the hassle of the upkeep of wood. That and since the grouping on one side is at a higher elevation any pretense of privacy is gone any. Still pricey however. 
 

Meanwhile local realtors say they are having a hard time keeping inventory, that plus new construction is booming. No wonder our model is about 30 thousand $ more than when we decided to buy.

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I'm paying $6.20 for an 8' x 2 x 4. Not long ago it was less than 5.  1/2 inch plywood non sanded (4' x 8') went from 25ish to 31ish in the last 4 months.

Those prices probably change by location.  I might be on the low end where I live.

And there ain't a straight board in the building. 

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