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Renting For Half The Cost Lying About His Investing Record Again
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2013 May 24, 1:54pm 8,949 views 33 comments
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renting with shit for brains has been at it again!!!
claiming investments in his own thread, deleting anyone who points out his historical lying!
here is my deleted comment:
RentingForHalfTheCost deleted this comment of yours:
RentingForHalfTheCost says
Playing leverage is dangerous. I compare owning a home with no mortgage to my investment returns.
You've been caught multiple times on here lying about your investments, so give it a rest.
It's amusing how he also tried to go back and clean up all the clues that he had deleted comments from the thread. He's definitely twisted.
RentingForHalfTheCost
2013 May 27, 11:18am
This is the funniest thread that I have seen in so long. What a bunch of crying babies. Is it nap time boys. ;)
This is the saddest thread that I have seen in so long. Now, everyone will know I'm a liar who deletes other people's posts and changes their quotes
Yes, what you do is pretty sad, if only because it's so damn pointless.
RentingForHalfTheCost
2013 May 27, 12:12pm
This is the saddest thread that I have seen in so long.
Sniff sniff... Whannnnn, I think I just crapped my pants. Mommy! Mommy!
RentingForHalfTheCost
2013 May 27, 1:47pm
Keeps getting ever better each post. Total bunch of babies that have no equal. I never even would have guessed some of the people on here were that bad. Arrested development for sure. The only question is when the arrest first started. New born, toddler, middle school? Anyone's guess
Keeps getting ever better each post. Total bunch of babies that have no equal. I never even would have guessed some of the people on here were that bad. Arrested development for sure. The only question is when the arrest first started. New born, toddler, middle school? Anyone's guess
Nobody's whining. We're just puzzled as to why it's worth your time (and $5/month) to lie about you investment success. It impresses nobody, and it doesn't help anyone who's interested in actually discussing real estate.
Keeps getting ever better each post. Total bunch of babies that have no
equal. I never even would have guessed some of the people on here were that bad.
Arrested development for sure. The only question is when the arrest first
started. New born, toddler, middle school? Anyone's guess
Nobody's whining. We're just puzzled as to why it's worth your time (and
$5/month) to lie about you investment success.
Especially so given that your obviously not very good at it. You seem very cavalier with making up stuff (dates, prices, etc) without first checking to see if they were factually possible or correct.
Instead of you saying "I did X" or "I sold Y" and then getting caught in a lie, why not make your point via hypotheticals (i.e. "someone could have done X" or "someone could have then sold Y")? Had you done this, everyone would have gotten your point, and no one would care if your dates or prices were off by a bit.
As it stands, you did not decide to take this path and now your credibility has suffered tremendously for it.
I haven't paid much attention, because this same ol gag is beyond played out.
But it does beg the question, why do all the loudest housing bulls here, keep engaging the guy?
Its exactly how I imagine, a cock off going down, in Shanghai.
RentingForHalfTheCost
2013 May 28, 1:14am
Keeps getting ever better each post. Total bunch of babies that have no equal. I never even would have guessed some of the people on here were that bad. Arrested development for sure. The only question is when the arrest first started. New born, toddler, middle school? Anyone's guess
Nobody's whining. We're just puzzled as to why it's worth your time (and $5/month) to lie about you investment success. It impresses nobody, and it doesn't help anyone who's interested in actually discussing real estate.
The only lying happening around here is you thinking you are correct. ;)
RentingForHalfTheCost
2013 May 28, 1:16am
Especially so given that your obviously not very good at it. You seem very cavalier with making up stuff (dates, prices, etc) without first checking to see if they were factually possible or correct.
Instead of you saying "I did X" or "I sold Y" and then getting caught in a lie, why not make your point via hypotheticals (i.e. "someone could have done X" or "someone could have then sold Y")? Had you done this, everyone would have gotten your point, and no one would care if your dates or prices were off by a bit.
As it stands, you did not decide to take this path and now your credibility has suffered tremendously for it.
So much waisted energy to prove a point that is actually invalid. Wow. I guess we can have 25% unemployment. So many people with so little to do.
So much waisted energy to prove a point that is actually invalid.
Describes your activity perfectly
APOCALYPSEFUCK is Shostakovich says
You mean everything I read on the Internet isn't true?
No, not everything. Just the 2100 posts RentingForHalftheCost has been posting in the last 2 years.
Everything else is true.
RentingForHalfTheCost
2013 May 28, 6:03am
APOCALYPSEFUCK is Shostakovich says
You mean everything I read on the Internet isn't true?
No, not everything. Just the 2100 posts RentingForHalftheCost has been posting in the last 2 years.
Everything else is true.
Another nice move today in Cisco, PVG, and NTAP. That is the only truth that means anything to me. ;) Hot water heater just got another day older.
RentingForHalfTheCost
2013 May 28, 6:13am
So much waisted energy to prove a point that is actually invalid.
Describes your activity perfectly
So it is invalid to think you can make 6% from MCD annually by using dividends and selling covered calls.
It is also invalid to assume you can make good money from companies like Cisco and Intel, PG, COP, GE, KO, etc.. Jeez, the dividend alone makes fixed investments look laughable.
Invalid is people thinking 85B/mth is not creating all this asset price movement. There is very little organic growth in housing. Remove the allowance and look out below. At least we will get a few good following quarters in stocks before they are affected.
So it is invalid to think you can make 6% from MCD annually by using dividends and selling covered calls.
It is also invalid to assume you can make good money from companies like Cisco and Intel, PG, COP, GE, KO, etc.. Jeez, the dividend alone makes fixed investments look laughable.
Obviously someone can make money from investing in stocks. I made a bunch of money myself this quarter. However, you've been caught clearly lying about the trades you make. That's a different thing.
RentingForHalfTheCost
2013 May 28, 6:53am
So it is invalid to think you can make 6% from MCD annually by using dividends and selling covered calls.
It is also invalid to assume you can make good money from companies like Cisco and Intel, PG, COP, GE, KO, etc.. Jeez, the dividend alone makes fixed investments look laughable.
Obviously someone can make money from investing in stocks. I made a bunch of money myself this quarter. However, you've been caught clearly lying about the trades you make. That's a different thing.
Again, you are incorrect here. I never lied about any trades. If anything I tone down my real winning in the market, cause the truth definitely wouldn't fly around here. Fine with me, I'm the one with the winnings.
I never lied about any trades.
Keep saying it, and maybe someone will believe you.
lostand confused
2013 May 28, 7:06am
If anything I tone down my real winning in the market, cause the truth
definitely wouldn't fly around here
Ok , ok and I am a Prince from Saudi Arabia, who posts on these forums to see how the common people live.
Am I doing this right?
Bought in 2003, and sold in Jan, 2009.
I've rented ever since and will continue to rent until Patrick tells us he bought. ;)
I've been a renter in the BA for almost 15 years now
. I owned a home in 2003-2006 and ran the numbers on my taxes didn't see much benefit. Good to know that if and when I decide to reenter the market I have that benefit now
I have rented for 14 years and have enough now to basically not need a mortgage if I desired. My practice looked horrible when houses appreciated in 2000-2007, but now it turns out to be at least as good or better in the long run.
RentingForHalfTheCost
2013 May 28, 10:22am
Am I doing this right?
You are doing it perfectly.
Almost perfect, except the 2003-2006 reference taken out of context. I owned a home east of Sacramento from 2003-2009 like I said numerous times. While I owned this home I still rented in the SFBA cause my work has always been here. Funny how the truth hurts most people. Weird.
Nice to know I have such a follower. Hi. ;)
So, in this thread - http://patrick.net/?p=1224837 - Renting for Half the Cost claimed to have sold his Cisco holdings at 24 after buying them at an average price of 16.
In response, I pointed out that if he had bought Cisco at 16, he would have had to buy all his stock in February 2009, July-September 2011, or July 2012. And, that if he had bought at any other time, his average would be well above 16.
He then claimed to have bought his original holding at 9, and then to have bought more over the last two years ( a losing strategy of blending his cost up)
Unfortunately for him, I looked at the chart, and realized that Cisco hadn't been below 14 in 5 years, and pointed that out.
He then edited his comment to say he bought some at 9 in 2000.
I looked at the chart again, and realized that Cisco had never been at 9 in 2000, in fact it had never been close to 9 in that year.
I pointed this out and told him to look at the chart.
Of course, by this time, Renting WAS looking at the chart, and re-editing his comment to say that he had bought at 10 in 2002.
When I pointed out his repeated editing, he (of course) deleted my comments and edited to make it look like he had never claimed all these different prices.
I don't know why he gets off on lying about his investing record on this forum, but it's certainly amusing as hell.
#investing