Here Comes The Last Train To Capital Growth City

Posted @ 8:57 pm - Filed under Purposeful Planning, Retirement, Weekend Thoughts, San Diego Property Owners, 401(k)'s & IRA's, Off The Cuff, Capital Growth

Just looked at our next Texas location and it rocks. Too early to spill the beans, but we’ll be putting our boots on the ground very soon. Hint: It’s on the A-List of areas having appreciated more than 7% in the last 12 months.

Also, a buddy living in another region has convinced me to fly up there to check out the ‘unreal deals’ available. Gee, haven’t heard that one before. Worth a flight and a day or two to find out though. We’ll see.

Off the cuff — follow me on twitter, I’m @BawldGuy. Just go to twitter.com — it’s free, and you’ll like it. Go to my profile and see who follows me and who I follow. If you do the same, you’ll find out what folks in the business around the country talk about with each other.

Also off the cuff here — so many of my clients have been sorely disappointed by the performance of mutual funds in their 401(k) plans. They complain how they’ve heard most of their adult lives how the returns were in the range of 8-12% annually, when their real life results haven’t reached even 5% yet. Now we have a 20 year study which proves just that. (More on that this week.)

No time here to expand on the thought, but it’s nice to finally have a 20 year study on which to fall back, know what I mean, Verne? Verne’s not laughing — guess he’s in mutual funds. Here’s the last train to Capital Growth for those San Diegans interested.

Oncoming train

I’d love to talk with you about getting started with your own Purposeful Plan — one heading straight for a very cool retirement. You can find me by clickin’ here, then waiting for my always quick response. I need a fix, so hurry up, wouldya? Much appreciated.

So it’s Saturday, which means there’s a video, right? Then I put ‘train’ in the title, geez. Settled on The Monkees, a band for whom I’m still in the dark. How in Aunt Millie’s old robe did they ever do so well? Dateline should do an investigation, ‘cuz there’s gotta be a conspiracy buried somewhere. Anyway, it so happens they did have a song about a train, so that’s the one I’m usin’. Sorry in advance. :)

This entry was posted on Saturday, May 31st, 2008 at 8:57 pm and is filed under Purposeful Planning, Retirement, Weekend Thoughts, San Diego Property Owners, 401(k)'s & IRA's, Off The Cuff, Capital Growth. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

6 comments to “Here Comes The Last Train To Capital Growth City”

Doug Quance on June 1st, 2008 at 8:55 am said:

  • A buddy from Houston told me the market is heating up there… but he’s a musician - not a broker.

    Since nearly all oil companies have a presence there… and that sector is doing so well… I guess it makes sense.

    Good luck with your Texas Excellent Adventure!

Robert Coté on June 1st, 2008 at 9:09 am said:

  • Be werrry werrry careful ’bout Portland. It’s last two decades of “success” are not sustainable and with things like the Federal transit juice slowing the cracks in the facade are beginning to appear. Look below the surface of their New Urbanist mantra. You’ll see Orenco standing tall but they won’t tell you about the massive tax breaks about to expire. They won’t show you the failed Beaverton Round. They won’t discuss the recent problems with congestion (all the money goes to the trolley). Vigilance is all I’m sayin’.

BawldGuy on June 1st, 2008 at 9:12 am said:

  • I’d love to be in Atlanta, Doug. I keep waitin’ for one of two things to happen. Either the price/rent ratios fall into line and cooperate with the BawldGuy guidelines, and/or we can find land which will enable sfr’s and/or duplexes to be built, also using BG guidelines. Any help would be much appreciated and rewarded.

    Houston? We’ve quietly been sniffin’ around there since the first of the year. Some bad info slowed us down, but that’s why we do our own research. If we’d have relied on what we were told, our clients would’ve been up the creek without a paddle.

BawldGuy on June 1st, 2008 at 9:22 am said:

  • Robert — I’ve had a fence around the entire NW since deciding to take capital and clients out of CA. The area for which I’ve new ardor, isn’t Portland, as the very factors you touched on will indeed result in long term growth governors.

Robert Coté on June 1st, 2008 at 9:32 am said:

  • I was responding to the picture of the folly trolley Tri-Met light rail in the article. The other concern is the unknowable. Much of the PNW was fueled by California equity locusts. There’s just no telling if they might leave as disruptively as they arrived.

    I did like your mistype: “our clients would’ve been up the creed without a paddle.” Creed, yes there is a certain amount of faith sometimes.

BawldGuy on June 1st, 2008 at 9:41 am said:

  • One of the plethora of good things you bring to the table is the ability to proof my posts. It’s amazing what I miss sometimes. :)

    Up the Creed without a paddle — perfection. Thanks

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