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4 Critical Signs of a Bubble Market V2, Is Malaysia in a bubble?
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value_investor
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Jan 16 2014, 08:24 PM
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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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value_investor
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Jan 16 2014, 08:52 PM
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QUOTE(Wiredx @ Jan 16 2014, 08:33 PM) Try to 'Be Fearful When Others Are Greedy and Greedy When Others Are Fearful', and you can one day be like me. Do the opposite, you will one day be like my poor father. Save money and wait for 'winter is coming' like they say in Game of Thrones ... This post has been edited by value_investor: Jan 16 2014, 08:58 PM
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value_investor
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Jan 16 2014, 08:58 PM
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QUOTE(gspirit01 @ Jan 16 2014, 08:55 PM) The only risk for you will be "bear trap"! If you know what you're doing, there is nothing can trap you. Just do your research and buy assets with good fundamentals. Bear trap is for speculative investments.
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value_investor
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Jan 17 2014, 04:21 PM
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QUOTE(Wiredx @ Jan 16 2014, 10:38 PM) The secret to riches is a bunch of cliches. Mind-blown. As Warren Buffet says, 'it is simple, and yet not easy' ... go figure.
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value_investor
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Jan 17 2014, 04:25 PM
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QUOTE(bearbearwong @ Jan 16 2014, 10:22 PM) If you know what you are doing... very well... but buying studios 2 room for 380k in iskandar hoping to flip too 500k.. .outskirt 2 mega project claiming 45 minutes and 40 minutes drive to kl... without the trafffic.. hmm telling partial truth. Some just purchase on the first day of registration.. and went there the first time.. are most investors really know what they are doing... and in this climate.. government cooling measures.. affordability... high inflation.. u sure u knoe what you are doing???.... Sorry, this is not what im doing. I'm in the DDD camp. Just want to say that when winter comes many of you won't have the balls to buy. I have been thru 2 winters, but i had the balls to buy during those times, and those were also partly the reason i got rich. Other reasons are im a prudent and business man.
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