5 year Market Outlook opinions
#841
I’ve been driving electric cars since 2017. I installed solar about a year ago . The payback on my investment will be less than 8 years . I pretty much make enough power to power my home and car with very little from the grid. I plan on getting the power wall eventually and go off the grid. I do live in the sunbelt. I only go to the gas station to use the car wash and grab milk or beer when I run out. It works great for me. So the technology is here,
#842
Gets Weekends Off
Joined APC: Jun 2019
Posts: 496
I’ve been around enough to notice that airline pilots weighing in on geopolitics is about as useful as airline pilots weighing in on precious metals being the only way to gain and secure wealth. Either opinion is usually from a fat old wht dude who you can’t stand to do a 4 day with again…
#843
I’ve been driving electric cars since 2017. I installed solar about a year ago . The payback on my investment will be less than 8 years . I pretty much make enough power to power my home and car with very little from the grid. I plan on getting the power wall eventually and go off the grid. I do live in the sunbelt. I only go to the gas station to use the car wash and grab milk or beer when I run out. It works great for me. So the technology is here,
#844
That matters, to a degree. But they can still siphon off X military dollars from Y GDP, and Y is a big number.
That matters long term, not as much short-term. Mid-term, it might put them in a "use it or lose it" dilemma.
But they cannot prevail by force in any rational timeline (too hard to place and then support boots on ground across that much water), so they would need to rely on a blockade. They would need to rely on the US and the world order to allow them to get away with that. The world order is not in the mood, as Putin discovered this year... and Putin didn't have to cross a 100 NM moat to get to UR. Or to support his forces, and he obviously sucks at that.
All things considered, I'd rate the PLA / PLA(N) as better than the rooskies, but not much better. They are not good enough to launch and then support an invasion across the strait against US opposition. We can splash hardware faster than they can build it. Especially on the open ocean.
I tend to agree (I do have some professional expertise). But it's hard to predict exactly what they'll do, and that's exactly how they like it. So I'm all for robust preparations. Especially since that's a deterrent in and of itself.
#845
I’ve been driving electric cars since 2017. I installed solar about a year ago . The payback on my investment will be less than 8 years . I pretty much make enough power to power my home and car with very little from the grid. I plan on getting the power wall eventually and go off the grid. I do live in the sunbelt. I only go to the gas station to use the car wash and grab milk or beer when I run out. It works great for me. So the technology is here,
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#846
Gets Weekends Off
Joined APC: Jan 2022
Position: :)
Posts: 464
May we live in interesting times
Chinese navy being bigger than the US, only in raw ship numbers. Most of their ships are small. Their navy can’t hold a candle to ours. Their GDP per capita sucks. Population is shrinking. They may get desperate and attempt to take Taiwan but I don’t know how well that would go for them. I also don’t think they attract the best and brightest minds from around the world. I’m not an expert but I think the China fear is overblown.
U.S. F-35B Flies From Japanese Carrier; First Fighter Launched From Japanese Warship Since WWII
https://www.youtube.com/watch?v=a6WqRCALGd0&t=13s
Japan Countering China’s Naval Build-up with Modern Fleet
https://news.usni.org/2022/04/11/jap...h-modern-fleet
Germany says it will expand military presence in Indo-Pacific as China threat looms
https://english.alarabiya.net/News/w...a-threat-looms
With war on its doorstep, Germany plans a major military buildup
https://www.npr.org/2022/03/22/10878...vasion-ukraine
#847
"90% of all millionaires become so through owning real estate" - Andrew Carnegie.
(Back when a million dollars was actual money. I hate this quote, because it's 100% correct... younger pilots take note. I don't want real estate, but I want actual wealth. Don't be a wage slave.)
Also love the guy because he gave back in a serious way (not to his workers, of course. LOL. Your CEO hates you. 'Tis the nature of CEO's, not personal, it's just business.). Going to see the local AC library in cities all over the nation is a decent enough way to spend an overnight in a heap of DAL layovers.
(Back when a million dollars was actual money. I hate this quote, because it's 100% correct... younger pilots take note. I don't want real estate, but I want actual wealth. Don't be a wage slave.)
Also love the guy because he gave back in a serious way (not to his workers, of course. LOL. Your CEO hates you. 'Tis the nature of CEO's, not personal, it's just business.). Going to see the local AC library in cities all over the nation is a decent enough way to spend an overnight in a heap of DAL layovers.
Last edited by DeltaboundRedux; 09-19-2022 at 06:46 PM.
#848
Adjusting for inflation, Carnegie's 1900 millionaire would have a net worth between 20-35 million today. Not surprisingly, inflation is a significant factor in creating wealth through real estate.
Carnegie was also a believer in giving away his wealth during his lifetime.
Carnegie was also a believer in giving away his wealth during his lifetime.
#849
"90% of all millionaires become so through owning real estate" - Andrew Carnegie.
(Back when a million dollars was actual money. I hate this quote, because it's 100% correct... younger pilots take note. I don't want real estate, but I want actual wealth. Don't be a wage slave.)
Also love the guy because he gave back in a serious way (not to his workers, of course. LOL. Your CEO hates you. 'Tis the nature of CEO's, not personal, it's just business.). Going to see the local AC library in cities all over the nation is a decent enough way to spend an overnight in a heap of DAL layovers.
(Back when a million dollars was actual money. I hate this quote, because it's 100% correct... younger pilots take note. I don't want real estate, but I want actual wealth. Don't be a wage slave.)
Also love the guy because he gave back in a serious way (not to his workers, of course. LOL. Your CEO hates you. 'Tis the nature of CEO's, not personal, it's just business.). Going to see the local AC library in cities all over the nation is a decent enough way to spend an overnight in a heap of DAL layovers.
As Dave Ramsey says, there’s nothing exciting about becoming rich. No tick tocks or YouTube videos about a 40 year road to no debt, multiple properties and a big 401k. Just all about the instant gratification that doesn’t exist for 99% of everyone.
Another interesting fact, is that 1/3 of all homeowners in these upper class, fancy neighborhoods can’t afford them. Even with big salaries, they are broke.
A million bucks ain’t what it used to be.
#850
Uh..... inflation doesn't create wealth, it destroys it...... the one exception is that if you're politically connected enough to be able to get the newly printed money first before it devalues the other dollars in circulation.
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