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

To: energyplay who wrote (53853)9/30/2004 3:46:29 AM
From: Seeker of Truth  Respond to of 74559
 
You surely can buy a house with 10% down. Of course, in that case the lender gets a fat interest rate. Moreover, a drop of 10% in house prices in a given time is far less likely than a drop of 10% in any stock over the same period.
I'm beginning to think that US stocks won't suddenly collapse in price. Rather the Dow may be around 10,000 in 2015 and suddenly somebody will point out that 10,000 buys much less than in 2004.


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