Is the bubble finally bursting? 2014, V2
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 Jan 15 2014, 09:42 AM
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#1
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Senior Member
3,852 posts Joined: Oct 2012 
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Slow down and stagnant - YES;
Bubble ready to burst - NO. Landed prop with good concept + reasonable price is still a good buy. quote=puchongite,Jan 15 2014, 09:38 AM] Wishing for bubble to burst is one thing, whether it is actually bursting is another. One can wish for anything, but when it is not happening, then it's a wishful thinking.  [/quote] |
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Jan 16 2014, 09:58 PM
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#2
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Senior Member
3,852 posts Joined: Oct 2012
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Picking dead chicken in prop? Best to have big balls and do it in trades.
This was fun in 2010 and happened so fast - http://en.wikipedia.org/wiki/2010_Flash_Crash I got a Benz convertible in Aus the next week  That's only called 'fast money' and 'picking dead chicken'. QUOTE(value_investor @ Jan 16 2014, 06:44 PM) I tell you the truth, when real estate crashes 90% of you will not have the balls to buy. When bubbles burst it usually comes hand in hand with, stock market crash, currency crash, job market crash, high interest rate, etc. The good news is I'm in the 10%, which means the rich will always get richer! |
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