spud1910 said:
Come up to East Texas occasionally and make barrows for me. Then I will keep you in pork. Better than what Prog offered.
I'll do the anesthesia, you're the surgeon!
spud1910 said:
Come up to East Texas occasionally and make barrows for me. Then I will keep you in pork. Better than what Prog offered.
That sounds like a deal I can live with!! These are too big for a boot, just in case you can't tell from the pic.FishrCoAg said:spud1910 said:
Come up to East Texas occasionally and make barrows for me. Then I will keep you in pork. Better than what Prog offered.
I'll do the anesthesia, you're the surgeon!
My reactions reading that I came in a first loser compared to Jamie + the whole raise a steer/bevo"Heineken-Ashi said:Red Pear sucksBrewmaster said:Amen brother. Is it wrong of me to look at north of Bryan and south of Hearne area as prime real estate for something like this? it is amazing how cheap it is up there, I know it's a dump, but wow. All of central TX will eventually get caught up (real estate prices).Spoony Love said:
Sounds like the FED needs to let go and let God.
Good grief folks: start growing your own food or know someone who does.
If you can get your hands on about 6-7 acres, you can grow just about anything you would eat. No need for a heard, just raise a steer at a time. Raise meat chickens and layers. Build garden and put food away. Put some fruit trees in the ground and wait (but prune to increase yield). Let a pig tear up ground for the gardens then process. All it costs is sweat and a few bucks.
Red Pear is actually helping us now, looking at a property not far from downtown Bryan. Definitely not a homestead type of property, but it's a big lot, could do plenty there.
I've helped someone buy property Hearne before. Granted, it was 12 years ago. But the house had a pipe burst and flood everything while under contract and I was able to navigate through that for the buyers.
Jamie is a beast, a good friend, business partner, and someone I have 100% trust and faith in. Both personally and professionally. You couldn't be in better hands. Luke is a close second.
spud1910 said:
Come up to East Texas occasionally and make barrows for me. Then I will keep you in pork. Better than what Prog offered.
Can't go wrong looking there - tough part is convincing the Mrs. we dont need no fancy ISD or school district. I like Franklin too but that's a convo for another time when/if rates get to more reasonable levels OR I end up like a Gold Baron and can buy swaths of land.Brewmaster said:Amen brother. Is it wrong of me to look at north of Bryan and south of Hearne area as prime real estate for something like this? it is amazing how cheap it is up there, I know it's a dump, but wow. All of central TX will eventually get caught up (real estate prices).Spoony Love said:
Sounds like the FED needs to let go and let God.
Good grief folks: start growing your own food or know someone who does.
If you can get your hands on about 6-7 acres, you can grow just about anything you would eat. No need for a heard, just raise a steer at a time. Raise meat chickens and layers. Build garden and put food away. Put some fruit trees in the ground and wait (but prune to increase yield). Let a pig tear up ground for the gardens then process. All it costs is sweat and a few bucks.
Red Pear is actually helping us now, looking at a property not far from downtown Bryan. Definitely not a homestead type of property, but it's a big lot, could do plenty there.
Land around Madisonville/up 75 into Centerville is one of the more reasonable prices per acres I've seen, at least compared to the boggling per acres like Navasota or south of there. But that'll be in the Houston sprawl soon enough (see Waller, TX) as the perfect example of this.Spoony Love said:
Near Madisonville
Part of NYCB's problem is a few:Bonfire.1996 said:Nailed it. Top of market rate offering on CDs? That's a signal that they have $0 to lose in liquidity. Let this be a lesson to everyone, what I hypothesized is coming true. You all know about NYCB and their near failure, and you see how they are protecting liquidity. Watch for this at other banks.Red Pear Luke (BCS) said:Bonfire.1996 said:As long as Fed funds at 5.3% is in excess of inflation, policy is technically restrictive. So they will be able to maintain the pause. A climbing 10 year and continued deposit drain at regional and small banks will cause failures due to simple math. That will lead rates back down.flashplayer said:
Fed is going to have to sink some banks and crank up the interest rate another 25-50 bp. The optimism that they will be able to sit on their hands and watch inflation slowly drop looks far fetched each time new numbers come out and with the eye test each month when we pay bills.
Biden will be running on bank failures and restrictive FED policy.
Good luck.
Proof is in the pudding and you can look at the deposit rates NYCB is offering as an example of what Bonfire is saying to perfection. Offering 5.55% yield on deposits just to keep cash on that bank's balance sheet is a symptom of the market forces working.
The jolt to the 10 year is absolutely terrible for banks already bad bond portfolios. But remember, these are only true losses when they have to be realized. And they will only have to be realized when liquidity drops to trip up certain capital ratios.
Unfortunately for banks, persistent inflation is causing everyone's deposit bases to wither away. That is the banks liquidity. When it withers to a certain point, they must generate liquidity through new deposits or selling off investments. Can't sell off investments at $0.70 on the dollar and raise meaningful liquidity without the domino effect of tripping capital ratios with that realized loss, so banks will offer top of market rates to generate deposits - just like NYCB is doing right now.
NYCB and Steve Mnuchin looked at the dot plot two months ago and said,"we just need a little liquidity before the Fed drops rates and solves our math problem for us." Oops.
Mega banks with ample liquidity will be the FDIC's go to for bargain basement priced regional bank mergers so their already insufficient FDIC fund doesn't need to get tapped.
Ride this wave down and buy these banks: JPM, FHN, CFR
yeah domed and doomed look, including the premarket run up. This dam is about to break.Ragoo said:
SPX is on the brink. Break here and could see 5100 quickly.
Brewmaster said:yeah domed and doomed look, including the premarket run up. This dam is about to break.Ragoo said:
SPX is on the brink. Break here and could see 5100 quickly.
ProgN said:
OJ Simpson is dead
Only one man knows... Judgement day for ole OJ.AgCPA95 said:ProgN said:
OJ Simpson is dead
It's a shame he was never able to find the real killer.
AgCPA95 said:ProgN said:
OJ Simpson is dead
It's a shame he was never able to find the real killer.
Whoops...Ragoo said:
SPX is on the brink. Break here and could see 5100 quickly.
whoops what? The rebound isn't a bull case.Brian Earl Spilner said:Whoops...Ragoo said:
SPX is on the brink. Break here and could see 5100 quickly.
agdaddy04 said:
Do you guys think it's a good idea to ponder unloading NVDA? I certainly don't want to ride it down.
It broke and looked to be heading to 5100....and then very much did not.Ragoo said:whoops what? The rebound isn't a bull case.Brian Earl Spilner said:Whoops...Ragoo said:
SPX is on the brink. Break here and could see 5100 quickly.
EnronAg said:
mega caps seem to be holding it together...they are ripping while RSP is negative...Q's outperforming...many of mag7 seem to be hitting all time highs or very close...so will be interesting to see what those do on a greater market pullback...they seem to be the safe haven and carrying this flailing market, in my opinion...
heavy NVDA call buying, even now. definitely propping it upEnronAg said:
mega caps seem to be holding it together...they are ripping while RSP is negative...Q's outperforming...many of mag7 seem to be hitting all time highs or very close...so will be interesting to see what those do on a greater market pullback...they seem to be the safe haven and carrying this flailing market, in my opinion...