Good morning.
A mansion in Philadelphia just sold for $9.26 million. That’s after the home was first listed for $28 million in 2016. And after the home failed to meet a $14 million reserve at auction in 2019. The home cost a full $35 million to be build in the first place – resulting in a $25.7 million drop.
Sure, it’s easy to see this simply as a pain for the ultra-wealthy developer in the first place. Yet it’s also a sign that affluent investors are waiting for prices to come down to bargain prices after being run up over the past few years. So while we’re still dealing with inflation thanks to high prices for everyday goods with high demand like food and energy, other assets are showing that prices are coming down elsewhere.
Traders should continue to treat this market cautiously, and look for downside opportunities as interest rates continue on a path to rise.
Now here’s the rest of the news:
November 01, 2021
Good morning.
Last week, Facebook (FB) CEO Mark Zuckerberg unveiled the metaverse project. With graphics that look only slightly improved from World of Warcraft, some corny jokes, and with the need for VR goggles to access, the presentation felt a bit underwhelming.
But so what? It’s still a relatively blank canvas. And Facebook wasn’t profitable as a company until it expanded beyond college kids and got everyone’s parents sharing political posts with each other amid growing ad space. The company will likely find out, and quickly, what does and doesn’t work for the space. Once it does, we’ll see how different our cyberpunk future really is compared to the slick digital worlds portrayed in pop culture.
Now here’s the rest of the news:
November 01, 2020
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Describing its beauty!!! A small vessel leaves St. John’s Harbor, Newfoundland.
Perfectly protected … naturally.
November 01, 2019
Friday Morning.
I know there is an excitement with Tesla, and owning an electric vehicle. But maybe the glass is half-empty, as California struggles with rolling power outages due to the fires versus people attempting evacuation in their energy efficient vehicles… [something to think about … like landlines versus cellular service versus internet]
I’ve shared Sunny Lenarduzzi’s videos before. I love today’s message, ‘How to Stay Motivated When You Have Zero Motivation.’
Did you get the message … it was worth millions?
If you haven’t already … make it a powerful begin to the 60 remaining days of 2019! 😉
