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To: GodGunsGuts
People need to start learning how one makes money in both good times and bad.

Stop already. It's hard enough to turn a dollar as it is, don't make it harder by giving out the secret.

I learned during the last recession from a real estate mogul. I mentioned how difficult it was and how much money people had lost. He just looked at me and said it had just been a huge transfer of assets and some people had just made a ton of money. Of course some people had sadly lost but others bought property for .20 on the dollar or less. We're not there yet.

36 posted on 09/21/2007 6:28:07 PM PDT by ladyjane
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To: ladyjane

No we are not. I’m not talking about real estate when it comes to making money in good times and bad. Real estate won’t be at true bargain basement prices for another several years or more. I’m talking about learning how to make money in a bear market, which most people (unfortunately) are psychologically unprepared to do.


37 posted on 09/21/2007 6:31:51 PM PDT by GodGunsGuts
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