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August 29, 2007 at 7:06 PM in reply to: Why is Texas dirt cheap compared to California for real estate? #82494
(former)FormerSanDiegan
ParticipantNobody cares about your future more than you do.
SO, if you are so inclined I recommend investing time into learning as much as you can about finance. Assuming you are reasonably intelligent, after a few years you will be able to spot bullshit and sales tactics and be able to separate what’s right for you from what what is not right for you from a mile away. You may also consider taking courses to educate yourself.
With some experience and either self-teaching or formal education you will be better positioned in the future to make decisions regarding financial advice from professionals.
Consider those who hire mechanics to fix their cars (I do) : You might not be able to fix it yourself, but if you at least have some understanding of how the vehicle works you won’t inadvertently pay $2000 for replacement of the flux capacitor when it goes out.
(former)FormerSanDiegan
ParticipantNobody cares about your future more than you do.
SO, if you are so inclined I recommend investing time into learning as much as you can about finance. Assuming you are reasonably intelligent, after a few years you will be able to spot bullshit and sales tactics and be able to separate what’s right for you from what what is not right for you from a mile away. You may also consider taking courses to educate yourself.
With some experience and either self-teaching or formal education you will be better positioned in the future to make decisions regarding financial advice from professionals.
Consider those who hire mechanics to fix their cars (I do) : You might not be able to fix it yourself, but if you at least have some understanding of how the vehicle works you won’t inadvertently pay $2000 for replacement of the flux capacitor when it goes out.
(former)FormerSanDiegan
ParticipantNobody cares about your future more than you do.
SO, if you are so inclined I recommend investing time into learning as much as you can about finance. Assuming you are reasonably intelligent, after a few years you will be able to spot bullshit and sales tactics and be able to separate what’s right for you from what what is not right for you from a mile away. You may also consider taking courses to educate yourself.
With some experience and either self-teaching or formal education you will be better positioned in the future to make decisions regarding financial advice from professionals.
Consider those who hire mechanics to fix their cars (I do) : You might not be able to fix it yourself, but if you at least have some understanding of how the vehicle works you won’t inadvertently pay $2000 for replacement of the flux capacitor when it goes out.
(former)FormerSanDiegan
Participant“Anyone factoring in the impact another terrorist attack would have on the economy and the housing market? And the odds that such an attack will happen? As much as I hate to think about the possibility, it seems to me that there is a near certainty that we will see another 9/11 style attack, or worse, in the coming years.”
JES – I agree that such a risk is real. However, the impact is not so predictable. Consider what happened to real estate after 9/11. Who would have guessed that there would be such a huge run-up in 4 years following that event ?
Also, who would have predicted that after this event there would be a general trend of increasing residential housing in high-rise buildings in urban centers? Not me. I thought the opposite would happen(former)FormerSanDiegan
Participant“Anyone factoring in the impact another terrorist attack would have on the economy and the housing market? And the odds that such an attack will happen? As much as I hate to think about the possibility, it seems to me that there is a near certainty that we will see another 9/11 style attack, or worse, in the coming years.”
JES – I agree that such a risk is real. However, the impact is not so predictable. Consider what happened to real estate after 9/11. Who would have guessed that there would be such a huge run-up in 4 years following that event ?
Also, who would have predicted that after this event there would be a general trend of increasing residential housing in high-rise buildings in urban centers? Not me. I thought the opposite would happen(former)FormerSanDiegan
Participant“Anyone factoring in the impact another terrorist attack would have on the economy and the housing market? And the odds that such an attack will happen? As much as I hate to think about the possibility, it seems to me that there is a near certainty that we will see another 9/11 style attack, or worse, in the coming years.”
JES – I agree that such a risk is real. However, the impact is not so predictable. Consider what happened to real estate after 9/11. Who would have guessed that there would be such a huge run-up in 4 years following that event ?
Also, who would have predicted that after this event there would be a general trend of increasing residential housing in high-rise buildings in urban centers? Not me. I thought the opposite would happen(former)FormerSanDiegan
ParticipantThe next big thing is SPAM.
Leverage up big-time Buy Hormel stock now.
In the upcoming recession and panic, you will need to stock up on ammo, water and something with a long shelf life. SPAM is the ideal long-shelf life survival food.
SPAM consumption is currently 40% below it;’s long-term average. Since we believe in mean reversion the consumption levels have to return to normal.
Plus it’s their 70th anniversary and they are marketing like crazy
http://www.spam.com/news/default.aspx?nid=8(former)FormerSanDiegan
ParticipantThe next big thing is SPAM.
Leverage up big-time Buy Hormel stock now.
In the upcoming recession and panic, you will need to stock up on ammo, water and something with a long shelf life. SPAM is the ideal long-shelf life survival food.
SPAM consumption is currently 40% below it;’s long-term average. Since we believe in mean reversion the consumption levels have to return to normal.
Plus it’s their 70th anniversary and they are marketing like crazy
http://www.spam.com/news/default.aspx?nid=8(former)FormerSanDiegan
ParticipantThe next big thing is SPAM.
Leverage up big-time Buy Hormel stock now.
In the upcoming recession and panic, you will need to stock up on ammo, water and something with a long shelf life. SPAM is the ideal long-shelf life survival food.
SPAM consumption is currently 40% below it;’s long-term average. Since we believe in mean reversion the consumption levels have to return to normal.
Plus it’s their 70th anniversary and they are marketing like crazy
http://www.spam.com/news/default.aspx?nid=8(former)FormerSanDiegan
Participant“You can’t beat the Weather, They don’t make more land, Prices will always go up- sick mentality.”
At least one or two of these things are factually true.
(former)FormerSanDiegan
Participant“You can’t beat the Weather, They don’t make more land, Prices will always go up- sick mentality.”
At least one or two of these things are factually true.
(former)FormerSanDiegan
Participant“You can’t beat the Weather, They don’t make more land, Prices will always go up- sick mentality.”
At least one or two of these things are factually true.
(former)FormerSanDiegan
ParticipantHave to agree with tmg …
“I don’t know where I’m a-gonna go when the volcano blows” – Jimmy Buffet
(former)FormerSanDiegan
ParticipantHave to agree with tmg …
“I don’t know where I’m a-gonna go when the volcano blows” – Jimmy Buffet
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