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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (2737)6/14/2002 9:53:53 AM
From: TheStockFairyRead Replies (1) | Respond to of 306849
 
Tradelite,

What is your take on the current and future direction of housing stocks such as TOL, KBH, LEN and the like?

Thanks.



To: Tradelite who wrote (2737)6/14/2002 3:27:02 PM
From: MSIRead Replies (1) | Respond to of 306849
 
He borrowed waaaay too much. This is a kid who used to work for me, brilliant tech but also a real wheeler-dealer, calls me last year to tell me he's sold his stock, has $1 million, and proceeds to buy toys, cars, a plane, and the big manse. Dumb, I told him.

Here's the kicker: he's 24 years old ...

Well, it's not like he's nearing retirement !

The biggest shock for these folks is that taxes bite y ou, if you aren't frugal, you get bit twice.


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