Wednesday, June 24, 2009
Take a look at History as you know it almost always repeats repeats itself. This type of market is where millionaires were made in the 80's. Do you want to be a millionaire? Follow the lead of George Soros and Warren Buffet, to name a few,buy on the low side sell on the high side. Why do we as consumers think getting something at half off means the product must be defected? Why do we think that buying something that’s expensive, means the product is worth something? It is my personal opinion of course but I think as an investor now would be when you buy. Rates are low currently but soon we will see them creep up MARK MY WORDS. Then the same house you could have bought and lease out no longer makes sense due to the rate of return. Hmmmmmm so what are you going to do? Wait or take advantage?
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