Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TobagoJack who wrote (49264)	4/26/2009 10:28:29 PM
From: prometheus1976	Read Replies (2) \| Respond to of 220025

So,if you don't mind me grabbing your coat-tails,is now the time to re-enter SRS at 23 and change? Or did i miss a post about it? regards,P1976

To: TobagoJack who wrote (49264)	4/27/2009 3:16:43 AM
From: elmatador	Respond to of 220025

You once correctly wrote: House is consumption, not investment unless you plan to cash in on it and move to Equador. (although you still have to use money to by a new home in Equador. Then you added at a later date: House is investment if you already have one and buy a new and put in the market for renting. "Parking" money in brick and mortar cannot be used anywhere or at any time. One should evaluate that very carefully. In the mid 90s the biggest construction company in my town went belly up. Reason: did not know how to operate under non hyper-inflationary environment. That sent the price of real estate in a tail spin. The price per m2 dropped vis a vis similar cities (in the same region with same number of inhabitants). It has been taking ove a decade to recover. From 1995 to early 2000 real estate was really cheap. After 2002 start slowly climbing up. After 2005 it went up real good (Klaser even predicted a bubble even though his properties are in another region) (Need to check this winter how it is when I go there.) I keep monitoring the market but it will be good to hold it for the next two decades. Urbanization has ended in Brazil, so there is not big pressure of more people. The pressure is for better housing tp make up for 20 years of no investment in middle class and down to the shirtless level segment. Incomes climb, more credit is available and people get used to non-inflationary market. So brick and mortar is a good way to "park" money there.