Buy /Sell
#11
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Joined: Jan 2004
Posts: 5,325
Likes: 112
From: Northern NY
My father always said that it is hard to go far wrong with Real Estate. They just are not making any more of it. In his 85 years he was never failed by a single piece he owned, held, leased or sold. Had his sucess in business as well as a few that flopped. But the Real Estate always came thru in the long haul. I have tried to follow his example best as I could for most of my life and as I sit here today it has worked out pretty much the same way for me as well. All those years, nights and weekends, doing those chitty jobs as his #1 assistant paid off.
#15
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Joined: Jun 2010
Posts: 4,806
Likes: 891
#17
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Joined: Jan 2007
Posts: 6,474
Likes: 358
From: Mansfield, TX
I've noticed prices going back down to pre-covid levels and seeing good deals as well. I think some people will be looking to get out of boating cause the gas is so expensive and inflation eating hole in wallets.
Real estate generally a good bet, but I've worked on many single asset real estate bankruptcy cases as well, they are not without risk.
Real estate generally a good bet, but I've worked on many single asset real estate bankruptcy cases as well, they are not without risk.
#18
I think I'll keep the 20% in $$$ assets I gained since last Thurs as opposed to the 10% the markets lost.
#20
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Joined: Jun 2010
Posts: 4,806
Likes: 891
you are timing the market (I.e. gambling) to hedge your stocks…which is fine.
still not an asset.
Last edited by 1MOSES1; 06-14-2022 at 07:41 AM.




