Posted on 09/27/2007 1:50:07 PM PDT by 2banana
Were excess new houses built, or did enough people flee leaving their old houses on the market for a long time?
6. Leverage is a Centerfold Beauty on the Way Up, but a Harpy from Hell on the Way Down.
An excellent read.
6. Finish high school so you’re somewhat familiar with basic financial terms.
FYI
Agreed. Good read.
bump!
all variants of “a fool and his money are soon parted”
all too sad too many use this very formula to make money
simply by lining up enough fools.
On the fixed-income side, they’re likely to be lousy investments if the inflation rate picks up again. They may want to pick up some foriegn paper to hedge. Because of their new status as an oil power, the Canadians have investments that are looking might good.
No, no, no!
"We" should not be creating "public policies" to ensure that everyone has anything, other than their inalienable rights.
There is no right to "affordable housing"!
Why have so many people become socialists?
And so it is true with the housing market. I would bet that more folks made out than got hurt.
“Were excess new houses built, or did enough people flee leaving their old houses on the market for a long time?”
My take is that there are excess new houses. New buyers wanted new, bigger houses. I’ve seen lots of land cleared, and developments put up, while decent older housing was vacant.
Don’t forget to panic! And be sure to get others into a heavy frothy panic too. Misery loves company.
And the next bubble is?????....commodities?
This is a tad off topic (but not all the way!). I as amused by their reference to HGTV. I am an interior stylist (through the Art Institute of Pittsburgh). Can’t tell you how many wannabe designers thought they could do it on their own (”I saw it on HGTV...I KNOW you can do that!”) without taking into account codes, real costs, and the fact that design on a grand scale takes many years of study. Nothing like a 20 minute quickie lesson on television...sure beats going to school for four years, eh? And ANYONE can do it....riiiight.
Anbody have an idea where gold is heading? This stuff has gone out of site so far.
Actually - RIGHT on target!
OIL (by far #1)
Gold
Some Tech (Google, Amazon and Apple)
Copper and Corn
Any others?
Suggestions on where to buy gold. Buy the gold itself or stocks?
I agree - oil is at the peak of its bubble.
If you put a gun to my head - I would by the Vanguard Precious Metal Fund.
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