TheMonopolyProject (TMP) is still Number 1, but we fell back a few thousand dollars. This was due to an adjustment from 2.5 houses to 2.0 houses as explained below.
We have adjusted the TMP ownership to 2.0 houses from 2.5 houses last month. We still have the one house wholly owned (Valencia) but have removed the Coolidge new build house on Toltek. The contract was cancelled as explained in a few of our previous posts. We might further explain this in a later post. This leaves two houses half owned with Jeff in our TMP2 partnership; 29th Avenue, and the just purchased Crismon:
TOTAL ASSETS = TMPbank_Account + TMP2bank_Account/2
+ TMP_Valencia + TMP2_29th/2 + TMP2_Crismon/2
Valencia increased by $4K:
29th Avenue increased by almost $5K.
The contract for Toltek, our new build house that is still under construction, was cancelled. The earnest money was deposited in the TMP2 bank account in anticipation of buying the house on Crismon. This showed as a relative loss compared to last month since we valued our equity in Toltek at $17K over our $14K deposit.
So with a $4k gain on Valecia, half of a $5K gain on 29th Ave, minus half of a $17K relative loss in Toltek; we show a relative drop of $3K to $4K since last month.
But we think we’ll make for that in the coming months. Because houses have now surpassed the peak in the mid 2000s, “US Home Price Gains Slowed For 3rd Straight Month In October”
From the same article;
“Bear in mind that is still faster acceleration than the peak of the last housing bubble.
Phoenix, Tampa, Miami reported highest year-over-year gains among 20 cities surveyed.”
Note that we have also added the historical record for all TheMonopolyProject investment options on our “Scores” page. Here’s what it looks like today going all the way back to the inception of TMP in March of 2019.
Here’s a tribute to our American veterans: Ivan Greathouse, USMC, paratrooper with Kinston and James in the back, Khoi center, front:
And to the glory of God; winter roses in Phoenix:
2 Corinthians 4:18 “So we fix our eyes not on what is seen, but on what is unseen, since what is seen is temporary, but what is unseen is eternal.”