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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%Nov 11 4:00 PM EST

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To: TobagoJack who wrote (32921)4/11/2008 11:02:09 AM
From: blazenzim  Read Replies (1) of 217691
 
I thrive on crisis and wish for complete mayhem every day. I wish I was alive in the times of the lawless wild west.

In my opinion, buying real estate on leverage at the height of a 2 decade long boom is not likely to produce happy returns. Sam Zell dumped real estate at the peak. I would follow Sam Zell model. Sell when the supply of greater fools is sufficient to take you out. Real estate at this juncture is a suckers bet.

Full disclosure: I'm long SRS.
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