We’ve taken a wrong turn. I thought this thread was supposed to be about “timing the market”. Who cares who made what, or how much they made? Remember, past performance doesn’t guarentee future results.
I like the previous post that talked about the guy who bought one property every year, regardless of market conditions. Having a consistent investment plan and sticking to it pays off in the end, regardless if it’s stocks or real estate. Trying to time the market in either case is almost impossible.
The only timing device I feel can work effectively is to go against the flow. When “Mr. Average Joe” says that R.E. is a bad investment – then it’s time to buy. When “Mr. Average Joe” says R.E. or gold or stocks are a great investment – then it’s time to get the hell out.
In the meantime … stay diversified in your portfolio of investments.
