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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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I remember Joe Kennedy once heard the Shoe Shine boys touting whcih stocks they would buy....he figured if they were in the deal their was no one left to sell to...So he got out of the market that was back in 1929...a few months later and all is history....
Now might be a good time to consider shifting your asset allocation from RE to some other investment vehicle.
The other choich is to buy and be prepared for the ride over the next 5 to 7 years....
Every business has a boom and bust cycle the last time someone said this time it is differnt was in 1999...and unfortunately I had my head handed to me....of course I exergrate a bit I was never an end of history believer, but the effect was the same regardless.
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"Some Observer"
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