Rick Santelli warns that "Wages" are now officially taking a backseat to inflation as the new April PPI report triples expectations with a 1.4 percent monthly jump.
u/DumbMoneyMedia — 8 days ago
r/investment
What is best to invest in before a new development fishes?
I purchased a condo in an area of SoCal I didn’t realize was going to have a massive development up the street, first phase complete in 2028 (new homes), then the transit hub & shopping center will come in.
I’m trying my best to find a way to retire in 5 years - what’s the best thing to try to invest in as they work on this massive new development? And no, I def don’t have millions to invest in the development directly, so this is more like what would you wisely do in the $5K to $20K range.
FYI, my understanding is that funding dried up for a good bit so that’s why I didn’t realize what they were building but it’s slowly been ramping back up into a full swing since Jan of last year…
Thanks for any great tips & advice! 😇
u/Credible_Confusion — 12 days ago