Thing is the last guy had an actual professional street sign welcoming people. Just letting them know they could walk up but be respectful. He had it open to people forever. I went there to visit quite a few time. Even talked to him while he was washing his car one time. Nice dude.

But then hoards of people decended on the place during it’s 30th anniversary. And I’m sure it wasn’t just him who was sick of the traffic and crazyness on their small dead end street.

This new dude may want to welcome people. But if he ain’t living there then at the end of the day it’s really up to the neighbors. It’s a super small area with a ton of packed in homes and no place to really park. Then when you walk up you are also invading the driveway of 2 other homes. I actually completely understand the neighbors perspective.

Also this guy bought this as an investment from Kansas at the height of the market. I doubt he has this home long. When I went out a decade ago Data’s house was for sale for 150k. I myself had an offer in for a Queen Anne Victorian downtown right before covid for 500k

The Goonies house will always go for a tad more but Astoria right now is crazy expensive compared to previous years. The combination of the Covid house spike and the influx of Portlanders looking for the next cute place to destroy and a massive influx of breweries has really shot home prices through the roof for an area that is actually pretty deflated economically. I love Astoria and I want to see it thrive but I have no doubt prices there will drop hard in coming years. It’s just unsustainable for how it’s built.

Goonies and Short Circuit (someone just bought that house too and rehabbed it back to movie form) and Kindergarten Cop are all awesome. But if you gonna own a home in Astoria imo you wanna get one of the historic Victorians over a run of the mill home that isn’t even “in town.” I wish this guy the best but I have a hard time rooting for a dude from Kansas who may have never even visited Astoria buying a home as an “investment.” With no plans of living there himself while allowing a massive influx of headache for neighbors.

I invested in TNA back in October of 2021 and got truely fucked for sure.

But I invested in TQQQ around 36 and am even right now around 18.

If you sit like an idiot and don’t actively trade then yeah. You regarded. If you actually swing a 3x, sell CC, and hedge you fucking come out just fine.

Literally if I can be even when a stock moves from 36 to 18 I ain’t worried about a bit of slippage if markets move sideways. The way I trade that’s actually when I make the bulk of my $$ compared to rest of market.

Not true at all. TQQQ does not slip like inverse 3x markets. It’s quite minimal. If you are swing trading you will make up any of those losses quite quickly with just a couple sales. If anything it doesn’t matter at all if you are trading on volatility.

Depends on how you look at it. If you use 1/3 your portfolio and average down you could be doing better right now than blowing your whole portfolio in QQQ.

Not to mention QQQ is down 33.59% ytd today. 33.59 x 3 = 100.77

But TQQQ is down 79.5% ytd.

Basically it’s less painful at this point being in TQQQ investing less than someone who blew everything in QQQ

Now, if you take everything you have and put it in TQQQ or another 3x at top then yeah…that’s clinically stupid.

I’ve averaged down TNA and TQQQ literally since highs of last October. My portfolio is down 25%. Helped by ability to swing trade a highly volatile stock as well.

Had the market not collapsed I would have made more $$ than had I invested in QQQ. And with the collapse having happened I have lost less than had I invested what I would have had to in QQQ to try and make the same profits in a bull market.

People are imo very misinformed about 3x. If you trade it correctly you can make more if shit goes your way and lose less if it doesn’t.