[quote=spdrun]Personally, I’m hoping for another crash (at least in the stock market — since the property market in my region is still down where prices belong). I only trade short-term at this point, so it won’t hurt me much, but it would be a hell of an opportunity. I feel like I took advantage of 2008, but not ENOUGH advantage.
(They tend to happen once every 10-20 years, not necessarily once in a lifetime, so here’s hoping! And no, I don’t give a rat’s ass about people who are stupid enough to overleverage.)[/quote]
this is coming from a guy who leveraged to get his 4 houses. Lets see… Economic crash causes stock to crash, your tenant looses their jobs, like in 2008, and they stop paying their rents. You still have to pay the mortgage while trying to get them evicted. When you got them evicted, you see that they just trashed your place and will cost you tens of thousands to repair. Yeah, that scenario sounds so desirable, just so you get pick up a few cheap stocks.
