It is tough to bet on these monster crashes, because in reality only one has ever happened ( 1929 )
Do you know what 5132 is? I do. It’s the NASDAQ high from March 2000. Today, the NASDAQ is at 2700.
If in March 2000 you had or moved $1,000,000 into the NASDAQ and followed up with an additional $2000 a month to build your investments, today, you have $750,000.
That to me, is what SoCal home buyers in 2004, 2005, 2006 are likely facing for the next several years.
