$10+ Million At Risk...

Gamestop, Banks, Morgages and More Drama As The Economy Gets Closer And Closer To A Reckoning...

The Daily Ninja 6/4/24

Updates From The Economic Ninja

(6/3/2024)

(6/3/2024)

  • πŸ“‰ There is a concern that certain individuals may manipulate stock prices by strategically revealing their positions on the internet to create emotional imbalance and profit from the resulting stock movement.

  • πŸ’° People who aggressively bought shares of GameStop on the way up made money, especially those who were shorting it in the morning.

  • πŸ“ˆ The stock market may reach a point where trading has to be halted due to extreme volatility, causing confusion and potential losses for traders.

  • πŸ“ˆ Roaring Kitty holds 5 million shares of GameStop worth $15.7 million, showing a massive position in the company.

  • 😱 "Influencers can influence the price of stocks. How scary is that it's absolutely horrifying to me."

  • πŸ“ˆ This is going to get out of control and I believe you're going to see even more craziness with this stock market this summer.

(6/3/2024)

  • 🏑 VA loans are a great option for veterans to buy a house with zero down payment.

  • 🏑 The Mortgage Master course is designed to help people save hundreds, if not thousands of dollars on their next refinance or when buying a second house.

  • 🏑 The barrier to entry for many people in the real estate market is intimidating, but there are ways to overcome it and get started.

  • πŸ“‰ The devil is in the details when it comes to refinancing, and understanding the fine print can save you a significant amount of money in the long term.

  • πŸ’° Learning how to leverage seller concessions and bank concessions can help maximize your real estate investment without putting down a large sum of money.

  • πŸ’° Buying the property right the first time is crucial for financial success in real estate investment.

  • 🏠 Seller concessions can be a viable option for getting money for repairs when buying a fixer-upper property, saving a lot of money under government conforming guidelines.

  • πŸ’° Homes are falling in value in Florida, creating an incredible opportunity for smart real estate buyers to negotiate an amazing deal.

  • πŸ’° Use the panic of sellers to negotiate a much lower price and ask for seller concessions, as they are likely to agree due to the lack of demand.

  • πŸ”„ Identifying the cycles of the real estate market is crucial for understanding its current position.

  • πŸ“‰ The Ninja believes that a crash in the real estate market is upcoming and encourages people to prepare for it through his course.

(6/3/2024)

  • πŸ“‰ The housing market crash is predicted to be the largest in 90 years, with similarities to the events leading up to the Great Depression.

  • πŸ’Έ Many people may be priced out of the real estate market due to financial struggles, leading to an imbalance of sellers and buyers.

  • πŸ’° The government's plan to open up second mortgages will allow homeowners to tap into their home equity and move up in the real estate market.

  • πŸ’Έ Learning how to present your financial background can make banks beg you to take their money at lower rates for a mortgage.

  • πŸ“ˆ Inventory of homes is exploding, with prices dropping significantly, making it a potential opportunity for those prepared to invest.

  • 🎲 Luck is a myth, according to gamblers and billionaires alike.

  • πŸ’‘ Learn how to squeeze every dime out of your balance sheet and p&l for flipping real estate or cash flowing real estate.

(6/3/2024)

  • 🚁 Insurance companies are using drone footage to cancel policies based on high risk demographics, causing a potential deluge of properties hitting the market.

  • 🏑 Home insurance companies are using drone and aerial photos to cancel homeowners policies, citing reasons such as clutter in the backyard posing a fire risk.

  • 🚁 Drones may be used by insurance companies to spy on homeowners' properties, leading to controversial policy cancellations.

  • 🏠 The mortgage company can accelerate your note if you don't have insurance, putting homeowners at risk of losing their homes.

  • πŸ“‰ State Farm is set to cancel 27,000 homeowners policies in California, potentially causing disastrous consequences for those affected.

  • 🏠 Having your home insurance policy canceled could cost you more in the long run, as other companies may not want to underwrite you and you may have to go to a more expensive plan.

  • πŸ•΅οΈβ€β™‚οΈ "I think this is a gross misuse of surveillance for insurance companies."

Go out there and crush it!

-Ninja Out

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