Potential NYC Move: Where to Live?

[stevent]

Originally Posted by Quadcammer

Did you just suggest that this individual will return 30% for the rest of 2011 and 40-50% in 12/13?

If you have a proven track record of such returns, give me a pen, I'll sign away my life savings to you.

Most people are lucky to beat inflation/sp500, including most money managers.


Just going off what a few planners have shown me. Nothing is guaranteed, but it's relatively plausible. In 2003-first quarter 2008 you could be averaging 30-50% yearly returns and we should be entering that cycle soon. The only real guarantee would probably be the Medallion Fund.

 

[jelloone]

I think your neighborhood really effects your lifestyle, or accessibility to things. Yeah, well obviously it does. I've lived in Hoboken, and while it has its charm, I wouldn't move back after living in Manhattan, and now, Brooklyn. But then again I am biased towards this side of the Hudson.

 

[untilted]

Originally Posted by stevent

Just going off what a few planners have shown me. Nothing is guaranteed, but it's relatively plausible. In 2003-first quarter 2008 you could be averaging 30-50% yearly returns and we should be entering that cycle soon. The only real guarantee would probably be the Medallion Fund.

not to sound too pompous, but those planners sound like clowns and jokes..

to OP: west village for the win if you want the social scene but dont need too much space, tribeca/lower soho if you want the space (and you have the $ to pay for the lofts).

 

[tiger02]

TJ, don't know how this has become so much of a discussion. With your price range/age, it's WV or bust. Is the PATH really a secret?

 

[tj100]

Originally Posted by tiger02

TJ, don't know how this has become so much of a discussion. With your price range/age, it's WV or bust. Is the PATH really a secret?

I think we're going to spend the summer in some temp housing and make the call after we understand everything a little better. There's an argument now that we should just live in Hoboken and save a pile of money. So it will probably be either Hoboken, West Village or Tribeca.