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To: John Chen who wrote (112859)12/17/2000 12:29:02 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
>>o current stock-market collapse is an indication of the money is flowing to the real-estate, BIG TIME.<<

wrong, it indicates the money is GONE and can't flow to real estate.

>>o The smart money has collected enough capital to switch into new playing field: real-estate.<<

wrong, real estate has been an old playing field for some time, hence the 20-30% appreciation for a few years. again, their isn't much smart money. the VAST MAJORITY, not to be confused with the VAST RIGHT WING CONSPIRACY ;-), was buying naz 4k+ and REALLY hurt right now.

>>o One should switch into real-estate before it's too late (last example: like the dot.com opportunity).<<

those that got into the naz "b4 its too late" are sitting on 30-50%+ losses.

>>o No specific window/timing were given. The professional suggested it's still not too late.<<

of course not. neither was a guarantee. imagine that?

>>o The smart money knows that AG will keep printing money and we need to position ourselves to collect wherever the money drop into.<<

ok, so this person is smart. therefore, i can't believe they are ignorant and naive. you need another broker badly. this broker is dishnoest in what they say. they are trying to take your commission, pure and simple, and they don't give a rats *** if you end up losing a ton of money.

no country has been allowed to print money forever without serious consequence. get a guarantee or get another broker. jmho.



To: John Chen who wrote (112859)12/17/2000 12:32:26 PM
From: Mark Fowler  Respond to of 164684
 
John this is true i bought a nice 5 arce Estate and was fortunate enough to buy right before the Real Estate Boom last January. Today i could sell my place for 50% more than what i paid. Real Estate is booming look at the Riets all doing nicely this yr.. However i don't expect Real Estate to see the gains it has since a lot of the wealth effect from the stock market has been destroyed.