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

To: GraceZ who wrote (36038)	7/22/2005 3:58:25 PM
From: bobby is sleepless in seattle	Respond to of 306849

"having retired from respectable employment in my early 30s...You mean you chose a different type of work. If you manage your investments you still work, right?" Money appears to afford the luxury of more choices (for some, more headaches), including the choice to work or to not to work, and even to have a fund manager relieve one of money management as well. Agree with you. Maybe it comes down to a matter of semantics of how we define work,,,work on my putting, chipping, sand play,,,charitable work events. From this standpoint, I too, will never quit working until the physical makeup of me decides it's time to quit. And yes, this board has been wrong for quite some time and will finally get it right. Even through the bubble of the stock market, Bill Fleck finally got it right. Yes, timing is everything. But I do not forget that indeed this board is the Residential real estate crash index...

To: GraceZ who wrote (36038)	7/23/2005 7:15:53 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 306849

Consider your investments in the oil and oil services sector, you chose to speculate during a cyclical bull within a much larger bear what are you referring to. how do you know oil is in a bear market (look at your quote below where you claim nobody can know what the market is doing). it is very strange to call something that has quintupled in five years a bear market. i don't think i'm speculating in oil, anyways. if somebody owns a restaurant, are they speculating in food services? if you own a house, are you speculating in RE? i think speculation is determined by leverage relative to portfolio, more than anything (also, wasting assets such as long calls are obvious speculations). I never attempt to tell the market what it should be doing. I have no way of knowing what the market should be doing and neither does anyone else if you really believe that why don't you just invest in index funds for equity investments, because you believe in EMH. i think the market is full of shiat, personally, and i'm glad for it because otherwise there would not be overpriced and underpriced assets. You mean you chose a different type of work i was being facetious as usual. but then many trust fund hippies have been induced into a purposeless life how does one determine that another's life is purposeless? is it purposeless if you have long hair and have a trust fund and don't have a regular job? is it "purposeful" if you have regular hair and no trust fund but work all the time? who gets to decide whose life is purposeless and whose is meaningful? who gets to decide what work is?

To: GraceZ who wrote (36038)	7/23/2005 8:54:35 PM
From: Tommaso	Read Replies (1) \| Respond to of 306849

>>>Consider your investments in the oil and oil services sector, you chose to speculate during a cyclical bull within a much larger bear market. I can give you several very rational arguments that oil and other commodity prices are suffering from the same irrational price movements as RE.<< Oh goodness, Grace, that is a very dangerous thing to think. You can always build more houses, but human beings have over the last 100 years burned up at least half of the oil obtainable in any way. Oil that took hundreds of millions of years to accumulate.