Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: patron_anejo_por_favor who wrote (114181)	7/24/2001 12:08:41 PM
From: Don Lloyd	Read Replies (4) of 436258

patron - <<Greenspan said continually rising home values have created what he called ``a very substantial buffer of unrealized capital gains.''>> What a dumba$$ thing to say...he probably said in 3/00 that tech stock valuations created a "very substantial buffer of unrealized capital gains" for investors, too. Problem is, they STAYED unrealized...<NG> The difference is that the purpose of a stock investment is to achieve and realize capital gains. In contrast, the normal purpose of a home investment is for its use value as shelter. In this sense, the capital gain can only be realized by either death or homelessness, making it a pretty useless buffer. Regards, Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next