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peterb
ParticipantData and history overwhelmingly make gold real money and a store of value. I dont even care much for the stuff, but I wont go against a track record of such strength. The only time a currency has had a solid long track record is when it’s tied to gold. Fiats end-up being abused by the govts that issue them. And that’s that. It’s what humans do to eachother. Gold puts hand-cuffs on this behavior and it’s why govt seeking more power tend to go off gold standards.
ParticipantData and history overwhelmingly make gold real money and a store of value. I dont even care much for the stuff, but I wont go against a track record of such strength. The only time a currency has had a solid long track record is when it’s tied to gold. Fiats end-up being abused by the govts that issue them. And that’s that. It’s what humans do to eachother. Gold puts hand-cuffs on this behavior and it’s why govt seeking more power tend to go off gold standards.
ParticipantData and history overwhelmingly make gold real money and a store of value. I dont even care much for the stuff, but I wont go against a track record of such strength. The only time a currency has had a solid long track record is when it’s tied to gold. Fiats end-up being abused by the govts that issue them. And that’s that. It’s what humans do to eachother. Gold puts hand-cuffs on this behavior and it’s why govt seeking more power tend to go off gold standards.
ParticipantYou can indeed do quite well waiting for all the indicators to be going on the up-trend before buying into RE. And it’s far less risk than trying to time the bottom. Just dont lag too much before taking action.These RE trends tend to run for about 4 or 5 years on average. Plenty of time to make very good money.
If and when things start to rise again, it will be like all the other times….many people will be very discouraged about the RE market improving and will wait 2 or 3 years before getting in, eventhough the majority of indicators have gone positive for over a year. That’s why so many investments have blow-off tops, no matter what the asset class being considered. It’s human psychology.
ParticipantYou can indeed do quite well waiting for all the indicators to be going on the up-trend before buying into RE. And it’s far less risk than trying to time the bottom. Just dont lag too much before taking action.These RE trends tend to run for about 4 or 5 years on average. Plenty of time to make very good money.
If and when things start to rise again, it will be like all the other times….many people will be very discouraged about the RE market improving and will wait 2 or 3 years before getting in, eventhough the majority of indicators have gone positive for over a year. That’s why so many investments have blow-off tops, no matter what the asset class being considered. It’s human psychology.
ParticipantYou can indeed do quite well waiting for all the indicators to be going on the up-trend before buying into RE. And it’s far less risk than trying to time the bottom. Just dont lag too much before taking action.These RE trends tend to run for about 4 or 5 years on average. Plenty of time to make very good money.
If and when things start to rise again, it will be like all the other times….many people will be very discouraged about the RE market improving and will wait 2 or 3 years before getting in, eventhough the majority of indicators have gone positive for over a year. That’s why so many investments have blow-off tops, no matter what the asset class being considered. It’s human psychology.
ParticipantYou can indeed do quite well waiting for all the indicators to be going on the up-trend before buying into RE. And it’s far less risk than trying to time the bottom. Just dont lag too much before taking action.These RE trends tend to run for about 4 or 5 years on average. Plenty of time to make very good money.
If and when things start to rise again, it will be like all the other times….many people will be very discouraged about the RE market improving and will wait 2 or 3 years before getting in, eventhough the majority of indicators have gone positive for over a year. That’s why so many investments have blow-off tops, no matter what the asset class being considered. It’s human psychology.
ParticipantYou can indeed do quite well waiting for all the indicators to be going on the up-trend before buying into RE. And it’s far less risk than trying to time the bottom. Just dont lag too much before taking action.These RE trends tend to run for about 4 or 5 years on average. Plenty of time to make very good money.
If and when things start to rise again, it will be like all the other times….many people will be very discouraged about the RE market improving and will wait 2 or 3 years before getting in, eventhough the majority of indicators have gone positive for over a year. That’s why so many investments have blow-off tops, no matter what the asset class being considered. It’s human psychology.
Participantknumb- I think you’ve nailed it!
O’Neil spends a lot of time, in his first book, actually going over stock prices from way back and the history behind it and what his research revealed about it. Very good research and data. Worth a read for anyone that’s interested in making money investing. It’s not about being a trader. IMO. He shoots down “buy and hold”, “averaging down” as well as some other well ‘sold’ concepts about investing. he backs it up with very solid research and his track record is damned good as well. It will dispell much of what people have been lead to believe by MSM about “investing”.
Participantknumb- I think you’ve nailed it!
O’Neil spends a lot of time, in his first book, actually going over stock prices from way back and the history behind it and what his research revealed about it. Very good research and data. Worth a read for anyone that’s interested in making money investing. It’s not about being a trader. IMO. He shoots down “buy and hold”, “averaging down” as well as some other well ‘sold’ concepts about investing. he backs it up with very solid research and his track record is damned good as well. It will dispell much of what people have been lead to believe by MSM about “investing”.
Participantknumb- I think you’ve nailed it!
O’Neil spends a lot of time, in his first book, actually going over stock prices from way back and the history behind it and what his research revealed about it. Very good research and data. Worth a read for anyone that’s interested in making money investing. It’s not about being a trader. IMO. He shoots down “buy and hold”, “averaging down” as well as some other well ‘sold’ concepts about investing. he backs it up with very solid research and his track record is damned good as well. It will dispell much of what people have been lead to believe by MSM about “investing”.
Participantknumb- I think you’ve nailed it!
O’Neil spends a lot of time, in his first book, actually going over stock prices from way back and the history behind it and what his research revealed about it. Very good research and data. Worth a read for anyone that’s interested in making money investing. It’s not about being a trader. IMO. He shoots down “buy and hold”, “averaging down” as well as some other well ‘sold’ concepts about investing. he backs it up with very solid research and his track record is damned good as well. It will dispell much of what people have been lead to believe by MSM about “investing”.
Participantknumb- I think you’ve nailed it!
O’Neil spends a lot of time, in his first book, actually going over stock prices from way back and the history behind it and what his research revealed about it. Very good research and data. Worth a read for anyone that’s interested in making money investing. It’s not about being a trader. IMO. He shoots down “buy and hold”, “averaging down” as well as some other well ‘sold’ concepts about investing. he backs it up with very solid research and his track record is damned good as well. It will dispell much of what people have been lead to believe by MSM about “investing”.
May 30, 2009 at 10:17 AM in reply to: The past doesn’t repeat but it Rhymes: Lessons from Japans Financial Crisis #407739ParticipantInflation as it relates to price increases is by no means a lock right now. Maybe in a few years, but not now. The velocity of money is tanking. Credit being pulled and unemployment rising. There’s no where for the money to go. J6p is saturated with debt and the USG is getting there real fast as well.
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