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LookoutBelow
ParticipantGod Bess these fools…..They are spending their hard earned dollars and risking their credit to keep this economy going….When it fails (soon) they will want somebodies head to roll.
The 800 lb. boulder is starting its roll downhill, best one can do is get the hell out of its way. I will be at the bottom ready to cherry pick the deals with cash and strong credit.
ParticipantHahahaaaa ! And most people think WE ARE the alarmists !
That was a good laugh.
ParticipantIs this a joke ?
Lets see a show of hands here:
How many of us San Diegan’s would like to move ALL of their capital and place of residence to a dump like Mumbei,India ?
anyone ?
Anyone ?
Okay, now, how about Bopaul, India ?
Anyone ?
Alright then, How about Pakistan ?
Anyone ?
Anyone ?
Well then, how about to a Communist country called China ?
Anyone ?
Helloooo..Anyone ?
Huh ? I dont see ANY hands being raised ? I guess it was a brain fart question ! You can always tell those ones, because they smell like burning hair !…Do you smell that ?
Sheesh…. I love this site !
ParticipantLOL !!! Funny !
What is it with this desire to “OWN” ?
You cant own anything you cant protect, especially in a 3rd world criminal enterprise called Mexico ! They are only “nice” to the gringo down there because youre only visiting and spending money, dont fool yourselves. They’re sharks, crooks, and can be violent thieves, as with the abject impoverished in Somalia.
Spend a weekend in National City if you want to get the cultural feeling of an area. At least there, the politicians and police work for you to an extent.I suggest you go down and rent the nicest hacienda on the beach for a week and be done with it ? I have done it several times and I could care less what their govt does that way. Im only down there for a week to enjoy myself, not rebuild their corrupted, failed economy ! I just want to enjoy a few cerveza’s, eat a few lobsters and surf, not join the peace corps !
The value system of Americans needs to be reappraised and updated. The idea of a vacation is to relax, not give yourself another 10,000 things you cannot control, to worry about.
ParticipantSmart people by definition are NOT people who commonly make bad decision and being wrong.
This is “Orwellian” doublethink and or Black/White.
ParticipantOptions:
1. Let nature do its thing, get out of the way.
2. Give him a bottle of Jack Daniels and a loaded .45, again..get out of the way.
3. Tell him you’ll pray for him….and then, get out of the way.
4. Wonder why some people are wired this way, buy him dinner from time to time…and Get out of the way.
Sorry to be so cruel sounding, but he did this on his own accord, you should NOT FEEL responsible for his choices.
To feel utterly responsible for him is a control issue bordering on Co-dependence. Look that up and read it.
Its sad, but its not your fault.
ParticipantTrue.
If he wasnt doing something spectacular, he wouldnt have had a TV show, people arent interested otherwise. He knew what he was doing was risky as hell.
I figured a croc would have got him, not a stingray. A lot of people have been killed by a nasty little animal called an Irikundi jellyfish also. Almost microscopic. In Hawaiian beaches annually also. A well kept secret by the hotel owners and chamber of commerce. Reminds me of Jaws the movie Hahaha !Steve Irwin was one cool dude with balls of steel, but the odds were against him at the onset.
I saw what a croc can do to somebody down in Nicaragua earlier this year, it was brutal. He knew the risk associated with his popularity. He let his guard down with the stingray. Some people think the risk is worth the chance for some notoriety. Good on em ! God bess em !ParticipantWall Street= “Casino Royale” as my Dad used to tell me, “The players winnings dont keep the lights on at these casino’s, but their losings sure do” !!
I have always had more success in knowing when to get OUT of a market, like real estate and some stocks, I really dont have a clue as to “when” to get in to a market. Its very complicated and you dont know 1/10th what the players do. Your guessing, they have access to lots of privvy info and they are …well, guessing too !
Shorting is risky business. Good luck.
Isider trading is alive and well in American business today, problem is, your not allowed to be an INSIDER !!!
The stock market is a scam. Think Las Vegas. Odds are probably better in Vegas.
A little story here:
At one time in my career, I was in upper middle management of a fortune 50 company, I thought I KNEW what was happening as I was involved in some of the things that were planning to happen….Truth is, I knew “NADA”, and my stock portfolio showed it.
Im so good at knowing when to get out of something that I have a serious collection of cassette tapes and 8 tracks !!! STILL !!! I even have a BetaMax !!
Im not nearly as smart as I thought I once was. I just got lucky and I know it.ParticipantWhy would you NOT tell them anything but the truth ?
The ocean is not a playground, it can be enjoyed immensely, but one must ALWAYS remember that when in the ocean, you are NOT at the top of the food chain like you are on land. Some like myself accept that risk and keep my brain turned on when around or in it.
I spent my life on and around the ocean’s water, it is something that is to be respected at ALL times. Come on man !….Your not sitting in a 2 foot deep, blow up, doughboy pool in your backyard with a margarita man !!
Things in the water can, will, do, view your ass as a meal !
The truth will set you free.
Always tell your kids the way it REALLY is, they get enough smoke blown up their arses watching 40 hours of sillyness on TV every week, you should be their “breath of fresh air”.If THEY decide to stay out of the water and not take those chances, thats THEIR decisions….not yours. Respect it.
Participant“Negativity” Do what seems right in your mind, a sucker is born every minute. Your a big boy David, are you asking for approval here ?
Good luck. You’ll need it. There are always 100 times more victims than victors, god bless em.
“Negativity”?…. Hahahahaaaaaa ! ……Your funny.
Its only “negative” if your trying to sell a house that you foolishly bought a year ago ! For the rest who are the restrained, disciplined, potential buyers, its Nirvana ! Unless you own a printing press, somebody has to lose (or give up) for somebody else to get the gain in a contracting economy.
ParticipantRent
Owned 3 homes, last one for 14 years paid it off early, sold it for 1.1 million than I paid for it.Sold in 2003, before market top, as Joe Kennedy used to say..”Only a fool holds out for top dollar” !
I Rent another home in my same area for a bit more than my old mortgage was. Retired from the big pay profession early, living comfortable. I Dont remember what stress feels like. I Like that.
Would not buy in my old neighborhood, might move ….Rancho Santa Fe ? Maybe…Maybe not. Hawaii looks good too.
Will probably be dead before real estate becomes a viable investment again, Iam expecting 25 plus years for the washout to be complete.
Iam out of the game and staying out, unlike most of the winners in “Vegas” MY money is leaving with me. Historically, these things only come around maybe once in a whole lifetime. I scored, I certainly didnt expect it 30 years ago, but I was hoping for it….A strange life indeed.
I just kept my eyes open and had the balls to be a contrarian not a “sheeple”
I want to run out of Viagra, money, surfwax and heartbeats at the same time. My timing has been pretty good so far.
I Attribute my successes to Planning, keeping my eye on the ball and filtering out the noise and some much needed luck.
One must be aware of opportunity when it presents itself, and be well versed enough to know what an opportunity really is.
August 24, 2006 at 9:20 AM in reply to: I think we’re past the point of treating Permabulls with Kid Gloves #32986ParticipantReminds me of DisneyLand when I used to take my small children there. Always at the end of the day, parents were walking with their sobbing, screaming, disgruntled, heart broken kids to the exit, the parents were glad they were going home and the kids were devastated the party fantasy was over.
Well, the real estate DisneyLand just closed.
ParticipantSunsetBeach Guy cracks me up. Enjoying the spoils of wealth and or success from hard work has NOTHING to do with financial sense. Nobody cares what car YOU drive or what you paid for it. Nobody ever said “Gee, If had any smarts, I’d drive a Subaru instead of this shoddy new 600SL Benz” Its all about having the financial wherewithall to enjoy the absolute finest of something. They dont even see your cheap Subaru when they go past you.
As far as your ending statement about Alpha Males and beta Males….well, theres no comparison, my friend.
A small example of many to wit:
Beta Males satisfy themselves with the fat chicks cuz they’re safe and they dont require anything special in their mates, they’re just glad their getting some attention from any type of male. Plus beta males dont grab the primal attention of the female of any species, just like your Subaru and fake rolex your probably wearing. Your much too smart to spend 20G’s on a damned watch …right ? Well surprise ! Your opinion doesnt count, not to the real achievers in this world. They dont drive Ferrari’s and such to impress the likes of you. beta males are the hangers on in a society, achieving and accomplishing nothing substantial and pretty much are what the current political administration refers to as a “Useless Eater”. Safe, comfortable, boring.
While your at home rubbing the safe fat girlfriend’s smelly feet, the Alpha males take home the Prom Queen and eats beta males for lunch snacks. Not many though, cuz they taste like crap.
A book has never been written about a beta male yet…If it were written, nobody would buy it, because who cares what he does ? He doesnt count. One of lifes placeholders..much like the ZERO.
beta males never take a chance, never live a life worth living. beta males are the mouses of a society, scurrying around eating the scraps and leftovers of the do-ers. Constantly scared of their own shadows and skampering to their dark, safety spots under a rock anytime an Alpha Males shows his presence. Being a beta male is NOT every mothers dream for their son. It certainly isnt their fathers. Indeed. Have a twinkie son. That was a nightmarish statement you made there. I hope you were only joking.If not, you should go home kick your father in the crotch.Hard.Rant over…Now back to the original Shadenfruende question. Reading this forum does NOT make you a pervert or a jealous sadist anymore than traders religiously read the Wall Street Journal. They’re not always looking for good news. Proper planning leads to proper investing. All people who’ve purchased a house was an adult, an adult is responsible for his or her own decisions, end of story. If he used a suicide loan or Neg. Am mortgage, thats his business. If something can be learned from a possible bubble burst BEFORE it bursts, then thats shrewd detective work,have a cigar! its not sadistic pleasure. People do what they do, its not your fault. You do what YOU do, and YES it IS your fault if you screw it up.
Charity starts at home. Take care of yourself and arming yourself with BOTH sides of every story BEFORE you leap into something like a 30 yr. mortgage is your duty to yourself and your family.ParticipantThe marketing noise will end as soon as the dollars to spend on it dry up. I would imagine pretty quickly. They are trying everything to move this overpriced stuff. Sales is what generates a marketing budget. No sales, no money for silly gimmicks to sucker people into a “More foolish than I” transfer of ownership
When the buying public realizes that its hideously over priced, then NO AMOUNT of fancy marketing will sell it to a knowing buyer. I think were pretty close to being there now, by next summer it will be a slaughterhouse for people who MUST sell and cannot ride it out. Which will be for quite some time. I expect 10-20 years. This will be as bad as the S&L failures we already saw.
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