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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (36720)	7/8/2008 8:55:19 AM
From: blazenzim	Respond to of 217561

Saved a whole $6 grand on fed taxes. Wow. You are shrewd. If you stuff, 10 grand down the rat hole and save 1 grand on taxes, you would call that a good investment. You won't be in your house long. I predict you'll be unemployed and bankrupt. Your house is going on the auction block in foreclosure. Some greasy Arab with a hairy back will be taking a piss on your garden.

To: Ilaine who wrote (36720)	7/8/2008 12:01:23 PM
From: carranza2	Read Replies (3) \| Respond to of 217561

Nah, I already monetized on the real estate bubble a few years ago, at the top of the market, pocketing nearly 200% on the sale and a lot more if you consider original downpayment as the original investment, then upwards of 650%. Bought a smaller house in a different but still stellar neighborhood - heart of the Garden District a block from Commanders vs. Uptown two blocks from Audubon Park. I've profited nicely from the bubble. I practice what I preach. Think you'll be able to monetize in this market? Actually, I think you can because real estate is going down a lot in the next few years but the window is closing. Did you see Martenson's video? Fifteen minutes that might change your view of everything. Or not, denial is very strong. Pure unvernished truth. I hope you don't have any emergencies, loss of job, illnesses, set backs, and that the coming s***storm, etc., doesn't touch you though I'd say the likelihood of that is slim.