11-01-2007, 01:11 PM
As far as real estate investment, it is a cyclical market. It will go up again, you can quote me on that. I'll likely be out of the business by then, but I can guarantee that within the next few years..barring some huge economic disaster...house prices will increase again. This happened in the 80s when interest rates were like 19% and again in the early 90s.
FWIW, I dislike stocks tremenedously. The nature of how you make money on them is not conducive to keeping much of it in your pocket. IF IF IF you can buy a home in an appreciating area, or live in it long enough to see an appreciation, there are ways around paying out the majority of your profits to Uncle Sam. That's the way it works for a lot of people.
FWIW, I dislike stocks tremenedously. The nature of how you make money on them is not conducive to keeping much of it in your pocket. IF IF IF you can buy a home in an appreciating area, or live in it long enough to see an appreciation, there are ways around paying out the majority of your profits to Uncle Sam. That's the way it works for a lot of people.
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks