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RobertCampbell

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Reply with quote  #1231 
Seven straight days! 

Whoo-hoo!
RobertCampbell

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Reply with quote  #1232 
From the standpoint of probability, past performance is the best indicator of how people or tested models will perform in the future. 
RobertCampbell

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Reply with quote  #1233 
Getting in shape is a choice.

Happiness is a choice. 

There is a correlation. 

If you need proof, get in shape and see for yourself.

All upside.  No downside.

It's a house rule that everyone that lives under my roof has to be in shape.

No exceptions.  Even the dog.

barley4.jpg 


RobertCampbell

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Reply with quote  #1234 
This chart is worth a thousand market opinions.

home_sales3.png 

RobertCampbell

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Reply with quote  #1235 
You will learn more from people that challenge your market beliefs than from those who simply reinforce them.

RobertCampbell

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Reply with quote  #1236 
How to avoid most of life's problems?

"Take care of your health and stay away from shitty people."
~ Alexander Cortes (May 22, 2019)

What excellent advice - and from a 30 year old "kid"!

It's important to note that these two changes are completely within your control. 
RobertCampbell

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Reply with quote  #1237 
One of my workout buddies and I did some math on the hill we run up. 

The vertical rise from the top to the bottom is 100 feet - the height of a 10 story office building.

IOW, running up this hill 12 times is like running up the stairs of a 10 story office building 12 times.

This workout produces lower body strength - which is your fountain of youth.
RobertCampbell

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Reply with quote  #1238 
Existing home sales are down 14 consecutive months on a year-over-year basis.

This hasn’t occurred since the bursting of the 1996-2006 housing bubble.

Even mortgage rates falling to 4.13% in April couldn't prevent a 0.4% month-over-month drop. 

Pushing on a string?


RobertCampbell

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Reply with quote  #1239 
Plant based diets.

A 67 year old friend of mine went completely Vegan about two years ago to try to get off
statin meds - and it worked.

As a "Vegan," he's currently lean with a flat stomach, and says his body fat is 9% - which is all good.

The bad news is he looks scrawny.  Probably because he quit lifting weights and lost a lot of his muscle mass.

He may be healthier than he was before but he sure doesn't look it.

If he put on 10 pounds of muscle he would look younger and less frail -
and that would be easy for him to do.

He recommended I read the book "How Not to Die" - which has 3,100 excellent Amazon reviews - which I will do.


vegan.jpg 

RobertCampbell

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Reply with quote  #1240 
Now at 10 straight days.

It's hard to tell from the pic below (which was taken a few days ago), but compared to this pic from two years ago, my gut is currently about two inches S-M-A-L-L-E-R!!!  

Us older guys (I'm 72) can lie about about a lot of things - like how much money we have or make, or how many beautiful women we've dated and slept with - but we can't lie about whether we're in good shape.

Either you are - or you aren't - and you can't fool anybody to the contrary (except maybe yourself).

I'm still not in the shape I want to be in - but when I lose another five pounds of fat, I'll be damn close.  Then the challenge will be to stay there.

Staying in shape - like staying ahead of changing real estate trends - is a battle that never ends.   


bob and pam6.jpg    


RobertCampbell

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Reply with quote  #1241 
For this Memorial Day weekend ...

The F4 Phantom is a Mach 2.2 jet interceptor and fighter-bomber that was heavily used during the Viet Nam war - and 528 of these aircraft were lost during combat missions.

Aviation buffs jokingly say the F4 is scientific proof that if you strap enough power to a 27 ton brick, you can make it fly.

F4.jpg

RobertCampbell

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Reply with quote  #1242 
I was working out on "the hill" today, and a woman walked by.

"Are you training for a sport?"

"No, why do you ask?" was my reply.

"Because you're in great shape and look like an athlete."

Wow!

I look like an athlete?!

At 72 years old?

If you're a guy, do you have any idea how good that made me feel?!! 

And if you don't, IMO you are really missing out big time.  Having women notice you because you are physically attractive is one of life's greatest joys.

If you want that - you can have that. 

It's completely within your control guys - and completely up to you.

No money required - just desire and determination.
RobertCampbell

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Reply with quote  #1243 
Based on 50 years experience in both endeavors, these are my thoughts ...

To become a superior investor, what's required is 80% brains and 20% effort.

To achieve superior health and fitness, what's required is 80% effort and 20% brains.
abc

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Reply with quote  #1244 
I was just reading an article where homeowners in Denmark are paying slightly LESS then 0% on their mortgages!!  That means their entire monthly payment (and then some) is going to principle.  Since the rate is slightly LESS than zero, that means the lender is paying a small amount of their principle too.  That is so NUTS!  I wonder if this could happen to the US?   

I think there is a very good chance we see record low mortgage rates, possibly below 3% on the 30 yr fixed again in the next few years.  That may initially limit the downside damage to both residential and commercial real estate values going forward.

But you are going to get to the point where real estate has no where to go but down for a long, long time.  Because once you have squeezed the highest values possible out of the lowest rates possible, where else can values go in the future??  Rates will never be able to go up much again unless incomes went way up.



Quote:
Originally Posted by RobertCampbell
Existing home sales are down 14 consecutive months on a year-over-year basis.

This hasn’t occurred since the bursting of the 1996-2006 housing bubble.

Even mortgage rates falling to 4.13% in April couldn't prevent a 0.4% month-over-month drop. 

Pushing on a string?


abc

Senior Member
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Posts: 509
Reply with quote  #1245 
Even if you lift weights hard on a totally plant based vegan diet it is difficult to put on muscle mass, especially if you are naturally a lean person with a high metabolism.  I have tried it.  There is nothing that I know of that gives you as dense protein as animal protein.  

I agree with you, the Vegan dudes may be healthy, but they look so damn thin and weak.  Especially taller more lean folks who go Vegan.  They may be healthy, but they look like they are starving malnourished.  


Quote:
Originally Posted by RobertCampbell
Plant based diets.

A 67 year old friend of mine went completely Vegan about two years ago to try to get off
statin meds - and it worked.

As a "Vegan," he's currently lean with a flat stomach, and says his body fat is 9% - which is all good.

The bad news is he looks scrawny.  Probably because he quit lifting weights and lost a lot of his muscle mass.

He may be healthier than he was before but he sure doesn't look it.

If he put on 10 pounds of muscle he would look younger and less frail -
and that would be easy for him to do.

He recommended I read the book "How Not to Die" - which has 3,100 excellent Amazon reviews - which I will do.


vegan.jpg 
abc

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Posts: 509
Reply with quote  #1246 
I agree with you on leg strength the key.  Unfortunately for me I blew my knee out in college sports many years ago and never regained full strength in that leg/knee.  So I can't do heavy squats, etc... in gym, lots of running, etc...   Major bummer.  But I do the best I can with it with lighter leg lifts that are easier on my knee.

Quote:
Originally Posted by RobertCampbell
 

This workout produces lower body strength - which is your fountain of youth.
abc

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Posts: 509
Reply with quote  #1247 
Speaking of Memorial Day....My dad was a fighter pilot and landed the F-8 on carriers in the late 50's/early 60's.  He is in very bad health now, but when I go see him sometimes I pull up videos of f-8 carrier landings on you tube for him and he gets a kick out of seeing that.

Quote:
Originally Posted by RobertCampbell
For this Memorial Day weekend ...

The F4 Phantom is a Mach 2.2 jet interceptor and fighter-bomber that was heavily used during the Viet Nam war - and 528 of these aircraft were lost during combat missions.

Aviation buffs jokingly say the F4 is scientific proof that if you strap enough power to a brick, it will fly.

F4.jpg
RobertCampbell

Senior Member
Registered:
Posts: 7,978
Reply with quote  #1248 
Quote:
Originally Posted by abc
I agree with you on leg strength the key.  Unfortunately for me I blew my knee out in college sports many years ago and never regained full strength in that leg/knee.  So I can't do heavy squats, etc... in gym, lots of running, etc...   Major bummer.  But I do the best I can with it with lighter leg lifts that are easier on my knee.



Just do what you can my friend.  Lighter weights will do the job just fine.

Me, I've torn the meniscus in both knees - one from playing baseball and one from basketball - and had to have surgery on each one.     

It hasn't slowed me down though.  Thanks God!

It's amazing how you can rehab most injuries back to normal if you do the right exercises and are patient.  I know this because I've had plenty. 

If you haven't suffered physical injuries or have any scars on your body, my attitude is you haven't tried hard enough. 



RobertCampbell

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Reply with quote  #1249 
Quote:
Originally Posted by abc
Speaking of Memorial Day....My dad was a fighter pilot and landed the F-8 on carriers in the late 50's/early 60's.  He is in very bad health now, but when I go see him sometimes I pull up videos of f-8 carrier landings on you tube for him and he gets a kick out of seeing that.



F8 Crusader landing on a carrier.

ABC, your Dad is my kind of man. 

My Dad was a Marine that fought in the South Pacific during WWII.  He died at age 91 in 2016.

I visit his grave site every Memorial Day.


F8.jpg

RobertCampbell

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Reply with quote  #1250 
Memorial Day flyover in 2016.  Fort Logan National Cemetery. 

Two F-16 Fighting Falcons - which are what the Air Force Thunderbird's fly.   

RobertCampbell

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Reply with quote  #1251 
If you want to lose weight and get in shape, would you eat six donuts?


sodas.jpg 

RobertCampbell

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Reply with quote  #1252 
According to a report published by CNN Money on April 1, 2019, here is the average net worth for the following ages:

$9,000 for ages 25-34,

$52,000 for ages 35-44,

$100,000 for ages 45-54,

$180,000 for ages 55-64,

232,000+ for ages 65+.

The stats for the last two age groups helps explain this
RobertCampbell

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Reply with quote  #1253 
WTF?  Debt slavery is now almost complete.

paying rent.jpg 

RobertCampbell

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Reply with quote  #1254 
10-Year is at 2.3% - and in a strong downtrend.

interest rates2.png

abc

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Reply with quote  #1255 
Thanks for the picture Robert.  Good looking jet that F-8.  My dad was a Marine as well.   Carrier landings in those days not for the feint of heart.


Quote:
Originally Posted by RobertCampbell


F8 Crusader landing on a carrier.

ABC, your Dad is my kind of man. 

My Dad was a Marine that fought in the South Pacific during WWII.  He died at age 91 in 2016.

I visit his grave site every Memorial Day.


F8.jpg
RobertCampbell

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Reply with quote  #1256 

Now at 15 straight days up the hill!

In an attempt to lose my last 5 pounds of fat, I'm going to continue this pace for another 30 days!

That woman telling me I looked like an athlete really inspired me.

The day I no longer care how I look - or whether women are still attracted to me - is the day I'll fall on a f**king sword.

I never thought I could run up this hill two days in a row - and now I've done it for 15 straight days. 

It's psychological guys.  You can do more than you think when you give it your best. 

BTW, five pounds of fat is a lot!  It's about the size of an average size telephone book (remember those?).


body fat3.jpg

abc

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Reply with quote  #1257 
Bryce, good to hear from you.  I hope you are doing well.  Talked to you a few times at the REIA's back in the day.  I'm still inspired by how you picked up a ton of rental houses in San Diego at the bottom from late '08 to '12.   I got some then at least, always regretted I didn't buy a lot more during that sale of a lifetime in CA!


Quote:
Originally Posted by brycewheeler
Yes, its a lot like believing in Santa Claus and the tooth fairy, but I heard that Fidelity Investments is going to offer some type of bitcoin buying for institutional investors (not little retail customers like me) and will announce that news in next few days.  Maybe that is one of the reasons bitcoin got a shot in the arm recently to move up a bit.

Bitcoins were pronounced dead by many if not most long ago so it doesn't need much to goose the down-trodden price up.

Bryce
brycewheeler

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Reply with quote  #1258 
Very nice to hear from you also ABC.

I am sure you were very successful in buying in Seattle area also after you left the San Diego area some years back.  Seattle prices seemingly matched San Francisco and San Jose prices going up the past few years like a sky rocket.

I have enjoyed many of your recent posts.  You have a great mind encompassing virtually all of economics it seems, just as our friendly chat board host Robert Campbell.

Keep up the good work.

Bryce



RobertCampbell

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Reply with quote  #1259 
Quote:
Originally Posted by abc
I got some then at least, always regretted I didn't buy a lot more during that sale of a lifetime in CA!




One of the hottest girls in my high school asked me to take her to the Senior Prom - but for some stupid reason I got really scared and ran away as fast as I could - and never even went.

Regrets?

None whatsoever - in fact, Becky S. asking me out bolstered my confidence with good-looking women when I went away to college.

This was another Zen-like lesson for me:  Don't look back because you never know how things are going to turn out.






RobertCampbell

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Reply with quote  #1260 
I'm going to start doing trap-bar dead lifts instead of traditional dead lifts.

Because you’re lifting from handles to your sides rather than pulling a bar up from in front of you, you can stay a bit more upright.  It's also easier on your back.

To preserve full body strength and function throughout your life, doing trap bar dead lifts may now become my #1 choice.

trap_bar_deadlift_pos_a.jpg 

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