“Take me seriously. This is my last warning. I am done wasting my time on fools like you!
One last thing. sdrealtor is a rude arrogant asshole. Goodbye docteur, thick in denial about his Carmel Valley home losing 50% of value. Goodbye sduuuuude and your silly comments.”
Powayseller, that’s totally out of line. I hope you’ll see that and apologize to those in question.
Regarding future investments, I’m amazed that you need to discuss that. Since you KNOW that SD housing will drop hard, and that we’ll have a deep recession, you should find it very easy to park your money:
1. Take the short side on CME San Diego housing futures, that’s a first no brainer.
2. Short the stock market indexes (either SPY or the cubes, they’ll all drop like stones in the upcoming recession).
3. For more bang-for-the-buck, take the short side on S&P E-mini futures. This is the same as #2, but with a lot more leverage.
4. Buy some out-of-the-money puts on the builders, as they’ll certainly go under.
5. Since you also KNOW that long-term rates are low and will certainly go up, profit from that knowledge in the interest rate futures market.
Most of these trades will return in excess of 1,000% if your forecast of a housing market crash and deep recession proves correct. Since you seem very certain of your predictive powers, I really don’t see why you’re wasting your time asking us these questions, when the answers are so obvious.
