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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (19406)	6/2/2002 4:20:07 PM
From: carranza2	Read Replies (2) \| Respond to of 74559

No chance of getting on the slippery slope--too many other obligations. Perhaps when QCOM hits 180 again, and I remember to sell. There are many slopes, here's one made of gold coins and porcelain the story of which I think you might find interesting. Chatwin's Utz is an entertaining read if you are at all tempted by objects. shareholder.com The only object that has my attention is my home, which I bought in 1994. Houses nearby are going for what I consider to be astronomical sums. The real estate agent regularly pesters me, asking when am I going to sell? The house has undoubtedly doubled in value, and it could be as much as 2.5 to 3 times my purchase price. An opportunity clearly exists for me to sell, get a nice bit of equity, and downsize into something smaller yet just as nice. I've got too much room and old homes require a lot of work. What to do? I like my neighbors and my neighborhood, it's closeness to where I work (7-11 minute commute), but I do have too much room. Plus, having seen the stock market bubble pop, I fear that the next one to go kaput will be real estate bubble.