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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (64981)6/30/2006 12:24:18 PM
From: Wyätt Gwyön  Respond to of 110194
 
no, it was by far the worst financial decision of her life (fortunately she listened to me and bought energy stocks, though the benefit of those profits only offsets a small fraction of the opportunity cost of not monetizing the housing bubble windfall).

people should count themselves lucky if once in their life Mr. Market offers them a windfall. that can accelerate them many decades towards reaching retirement-savings targets. windfalls that go begging usually mean people must put in the hard yards.

they would have done very well to sell when i told them (a year ago). price had doubled in two years. it is definitely going back down. now it is more questionable since the market is starting to cr*sh in Smell-A.