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

To: RetiredNow who wrote (259757)	7/10/2010 10:07:13 AM
From: bentway	Respond to of 306849

"I would have been better off holding all of my money in cash over the last decade."

To: RetiredNow who wrote (259757)	7/12/2010 12:35:33 PM
From: Dale Baker	Read Replies (1) \| Respond to of 306849

So then were you able to get out in time during 2000 and then again in 2007? I took substantial hits both times, bigger than I should have allowed, but my performance on the rebounds was so far ahead of the markets that I am not that far from my all-time 2007 highs now. Almost hit a new high earlier this spring before the latest dump. Buy and hold can work if you have a strong sense of value and minimal market-timing skills (which I am working to improve this year). If I can be right 70-75% of the time and limit my losses in the rest, I can make good coin even in a "lost decade" market.