VAIL SUCKS

[deadheadskier]

I just read that Crotched's projected closing date is March 23rd. That's almost the earliest in the state. Even Tenney and Dartmouth are going to the 30th.

On the positive side Wildcat says April 20th, which is one week later than anyone else. Not as late as Peak would try and go though....

 

[Rob Katz]

at least they beat whaleback!

 

[thetrailboss]

On the positive side Wildcat says April 20th, which is one week later than anyone else. Not as late as Peak would try and go though....

"I did it just for you. All I can say is, 'you're welcome.' Now show me some EPIC love!"

 

[thetrailboss]

So Wildcat is actually saying it will stay open until April 20th? How likely is that to actually happen? How is their base depths? Will their lifts still be functional?

 

[kingslug]

After watching the markets drop like stones...parking money in real estate might just be a good idea...who knew.

 

[snoseek]

So Wildcat is actually saying it will stay open until April 20th? How likely is that to actually happen? How is their base depths? Will their lifts still be functional?

I've not been but all the big snow back east you've heard about is mostly the spine of the northern greens. They might make solely on the fact that they preserve snow well.

 

[pinion]

So Wildcat is actually saying it will stay open until April 20th? How likely is that to actually happen? How is their base depths? Will their lifts still be functional?

Depths look poor around the mountain after last week, but they likely have it where is counts to run Upper Catapult. > Middle Wildcat > Bobcat / Cheetah for awhile.

 

[Keelhauled]

I just read that Crotched's projected closing date is March 23rd. That's almost the earliest in the state. Even Tenney and Dartmouth are going to the 30th.

On the positive side Wildcat says April 20th, which is one week later than anyone else. Not as late as Peak would try and go though....

Judging by the forecasts for the next few weeks the 30th sounds pretty optimistic. I'd wait to reserve judgement.

 

[thetrailboss]

Judging by the forecasts for the next few weeks the 30th sounds pretty optimistic. I'd wait to reserve judgement.

I'd think that Dartmouth blew a lot of snow on their race trails for the NCAA Nationals that just concluded.

 

[snoseek]

Just checked wildcat just broke 100 for the season so it will probably blow out long before projected close. Not sure how deep they blew. Tough year for the east side I guess.

 

[deadheadskier]

Judging by the forecasts for the next few weeks the 30th sounds pretty optimistic. I'd wait to reserve judgement.

I don't disagree with that. I'm mainly being critical of CMs projected 3/23 closing. On the one hand, locals can head up the road to Sunapee or over to Mt Snow or Okemo. On the other, it probably makes some of the CM home mountain folks feel slighted. At least I would. Round about April 1st should be the target there. Close down midweek for the final week if necessary.

 

[BenedictGomez]

After watching the markets drop like stones...parking money in real estate might just be a good idea...who knew.

I'll take the under on that, it will just take longer to drop as RE is literally the stickiest asset class. We are in the Everything Bubble, an unprecedented period of asset valuation increases, real estate included.

EDIT: I moved almost everything into treasury-backed assets some time ago, wound up being rather prescient. Blind squirrel finds nut. Still worried. #TeamWarren

 

[kingslug]

Havent missed yet..but whats going on now has me more worried than ever in my life.
But hey..huge storm moving in thursday!

 

[BenedictGomez]

Havent missed yet..but whsts going on niw has me more worried than ever in my life.

Today's session was nuts. It's not often you'll seen an intraday S&P500 chart that looks like chutes and ladders rematches.

 

[KustyTheKlown]

everything that is happening is so fucking stupid and unnecessary

 

[Hastur]

I'll take the under on that, it will just take longer to drop as RE is literally the stickiest asset class. We are in the Everything Bubble, an unprecedented period of asset valuation increases, real estate included.

EDIT: I moved almost everything into treasury-backed assets some time ago, wound up being rather prescient. Blind squirrel finds nut. Still worried. #TeamWarren

So are you only talking about your retirement accounts here? Or do you just eat the taxes ?

Even long term gains are gonna cost you 25-30% in federal and state income taxes assuming you make a decent regular income

 

[BenedictGomez]

So are you only talking about your retirement accounts here? Or do you just eat the taxes ?

Even long term gains are gonna cost you 25-30% in federal and state income taxes assuming you make a decent regular income

Taxes are a fact of life, not sure what you're getting at there. I'm talking about everything but retirement accounts. My retirement accounts are with companies like FiDo and I exert no active management over them intentionally as a measure of, "What if I'm wrong, insurance". I do play with my HSA though, that's kind of fun.

 

[Hastur]

Taxes are a fact of life, not sure what you're getting at there. I'm talking about everything but retirement accounts. My retirement accounts are with companies like FiDo and I exert no active management over them intentionally as a measure of, "What if I'm wrong, insurance". I do play with my HSA though, that's kind of fun.

Well, I guess what i'm getting at is that you talk like a big dick swinger and genius about everything, so I assume you have at least 7 figures (if not 8 figures) invested. And you mentioned you moved 'almost' everything to treasuries. I assume you mean out of equities or digital assets?

So lets just say you had 2mil invested. Maybe a tax basis of 800k since the market has been on a tear the past 15+ years. (basis is probably high)

So you realized a 1.2million gain? and paid 300k in taxes?

I agree taxes are a part of life but they can be delayed if not outright avoided.

Its just when I hear people say they 'moved into treasuries', I assume they are talking about their retirement accounts ( or other tax deferred accounts like your HSA), don't have much money, or are getting ass raped with taxes (which I don't think is preferable to suffering through a pullback on overvalued equities) .

And the way you talk, it can't be that you don't have alot of money.

just curious really. NBD

 

[2Planker]

Well, I guess what i'm getting at is that you talk like a big dick swinger and genius about everything, so I assume you have at least 7 figures (if not 8 figures) invested. And you mentioned you moved 'almost' everything to treasuries. I assume you mean out of equities or digital assets?

So lets just say you had 2mil invested. Maybe a tax basis of 800k since the market has been on a tear the past 15+ years. (basis is probably high)

So you realized a 1.2million gain? and paid 300k in taxes?

I agree taxes are a part of life but they can be delayed if not outright avoided.

Its just when I hear people say they 'moved into treasuries', I assume they are talking about their retirement accounts ( or other tax deferred accounts like your HSA), don't have much money, or are getting ass raped with taxes (which I don't think is preferable to suffering through a pullback on overvalued equities) .

And the way you talk, it can't be that you don't have alot of money.

just curious really. NBD

VT is one of the very highest Tax States w/ 3.35% to 8.75% Income Tax.
Move to NH and do away w/ BOTH the State Income Tax and Sales Tax.

 

[BenedictGomez]

So with only 6 days notice Vail dropped that the Cabriolet Parking garage construction starts Monday, and with it they're instantly removing 1/2 the remaining free parking for this season, like 900 spots. Spring skiing weekends are going to be an absolute s*****ow.

My guess is the last of the remaining free parking will be rug-pulled next season - if you think Park City residents hate Vail now, you aint seen nothing yet.