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To: reaganaut1

I have Financial Planning background, (currently a mortgage consultant) and this is what I am doing with my own money: WAIT.
I will not sell anything now. Instead, I am buying, buying and buying!! Especially in Real Estate.
I have followed this contrarian approach for years and have always made a good profit from it AFTER economic down-swings. The most important thing is...be patient! This will not happen overnight.


6 posted on 09/25/2008 6:54:01 AM PDT by CaraM
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To: CaraM
Very sound advice... if you are one that panic sells... you should not dabble in investing... at least not by yourself. Patience makes money if the investments are sound. High risk investments that have possible large returns are just that... high risk.

LLS

24 posted on 09/25/2008 7:10:53 AM PDT by LibLieSlayer (GOD, Country, Family... except when it comes to dims!)
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