Posted by
Jeffrey Ziegler in
Uncategorized on
March 12, 2010 |
No Comments
Yesterday, I showed you a check from my first real estate deal as an investor.
Today, I’d like to show you the result of my last (and BIGGEST!) deal.
Here’s what happened:
This house was nothing special. My buddy, a real estate agent, couldn’t sell it after listing it for several months. The homeowner had to suddenly move across the country, and was ready to just turn the keys...
Definitely believe we are in for continued down trend in the market or at best flat market.
Biggest concern for me is current government policy and the unknown over tax and health care effects going into future.
Thanks for going over those 10 signals. The marketing going down has been on my mind a lot, it’s kind of scary keeping me in cash and or looking for things to short.
Hi Greg, no problem… glad they helped!
Bruce… It will indeed be very interesting to see what effect the health care bill has on the market!
We need to remember we are only 38% of the global GDP now. Past indicators are not as reliable as before. The global market is may turn our market positive before we know it. Corporations are sitting on a mountain of cash. I can not turn on CNBC without hearing the words “double dip recession.” History has shown that after a massive run up in Gov debt the stock market started a major bull market. Investors are still putting large amount in bonds. Fear always takes your eye off good investments.
Yes, don’t understand why it hasn’t come crashing down already. Read that the Fed is propping it up buying stock? Maybe some people think that equities are a store of value, but we are deflating now. Many companies flush with cash but also have record levels of debt too? Just watching every day and keep rolling puts to the next few months out, and spread trading the swing opportunities I guess. Scary times for us all.
Always, the great motivator.
Enjoyed Tony’s commentary.
New to the site, thanks so much!!!!!!!!!!!!
To Jeff and crew: HAVE A GREAT DAY
Hi Alfred, Welcome to the site… I’m glad you are apart of it!