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The Future of U.S. Housing... and How to Profit |
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Tuesday, 24 July 2007 |
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Last week, I took True Wealth readers on a path the U.S. could go down over the next few years... and described the investment possibilities that come out of it, starting with where we are now...
Two of my friends are trying to buy homes here in Florida right now. They're not speculating to get a bargain. Their families are growing, and they need more space.
So they've made a few offers. Comically, the sellers aren't budging on their prices so far... Sure, the sellers hear about how the real estate market is weak on TV. But somehow, the sellers think they're immune.
It reminds me of dot-coms back in 2000. People wouldn't sell their dot-com stocks after they were falling... They somehow thought their portfolios were immune from the obvious wreck going on. They thought that if they didn't sell, their stocks would come back.
Singapore SlingBy Andy Carpenter Dear Reader, One of my favorite small U.S. companies got into a bit of trouble in Singapore this week, though I doubt the company cares one bit about it.Blue Q, which makes products...
+ Full Story | What the Paper Money is all AboutBy Dr. Russell McDougal Yep, you’re being robbed blind. Last week in Part 1, we looked at the utter failure of the Federal Reserve to meet its “price stability” mandate over...
+ Full Story |
It's definitely not time to be a "stubborn seller" in Florida. It's time to take what you can get, right now, before lower prices arrive. They are on the way...
Source: DailyWealth
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