[quote=AN][quote=flu][quote=The-Shoveler][quote=flu][quote=CA renter]C’mon, flu. Share your thoughts. :)[/quote]
I’m throwing down the white flag here. RE prices are going higher. I can’t float with good cash flow at this point. Sucks that I didn’t buy more. Also, equity markets are going to float higher…Sucks to be in cash 40% too instead of previous 90%…
My last option is to buy a new primary..Which I will have to wait. Higher end homes haven’t gone *that* much higher, but at the same time neither has my budget.
No point wasting my time thinking RE prices are going to fall or correct in a meaningful way. Gotta think of other areas/ways to generate income.
Sometimes the biggest hazard to one’s wealth is one’s own pessimism….so I’ve learned.
Missed the boat bigtime…Oh well.[/quote]
Sometimes it can save your Butt too.[/quote]
There’s a huge difference between passing up risk sometimes, and being a perpetual perma-bear….[/quote]
we all were bears in 2005 and it saved out butts, but if you were a RE bear early last year, you’ve missed a huge run up. That’s the difference between perma-bear and a realist.[/quote]
Then again it’s far easier to just say no it ain’t gonna work, not think, not research, not do anything, if one believes nothing is gonna work. Lesson learned to myself… Opportunity is never spoon fed to you. It might be right there in front of you, but if you don’t act, no use…Also, your opportunity usually occurs because because someone else who had the chance before you chickened out… My chicken out in some of the previous RE possibilities looks like there are a steal now…Someone else that picked them up did pretty well.
