1929 DJIA Comparison

Mo is correct in his description 305.

Not boasting but I've had really terrific timing the last 20+ years, however I cannot back it up with any statistical data. I've gone just on the feeling I'm getting. Thats it, just feeling. Market and real estate. I always keep a pulse of whats going on, and read and listen to everyone.

The only thing I can tell you is I'm always against what everyone else is saying, always. I've tried convincing friends but the "feeling" thing just doesn't fly with them. I cant blame them either.

An example: I sold almost all real estate investments by July 31st 2007 when I believed the recession was hitting. Real estate markets are regional but those around me started losing equity starting Aug 1st.

As people are now getting themselves back into more debt and feeling comfortable with it, I think its going to be something they will not be able to pull themselves out of with this next go around. And yeah, my feeling is we are in for another round.

My feeling is the numbers cannot sustain themselves.

"bigbry wrote:

Mo is correct in his description 305.

Not boasting but I've had really terrific timing the last 20+ years, however I cannot back it up with any statistical data. I've gone just on the feeling I'm getting. Thats it, just feeling. Market and real estate. I always keep a pulse of whats going on, and read and listen to everyone.

The only thing I can tell you is I'm always against what everyone else is saying, always. I've tried convincing friends but the "feeling" thing just doesn't fly with them. I cant blame them either.

An example: I sold almost all real estate investments by July 31st 2007 when I believed the recession was hitting. Real estate markets are regional but those around me started losing equity starting Aug 1st.

As people are now getting themselves back into more debt and feeling comfortable with it, I think its going to be something they will not be able to pull themselves out of with this next go around. And yeah, my feeling is we are in for another round.

My feeling is the numbers cannot sustain themselves.

Congrats on your timing in selling your real estate prior to collapse in the market in 2008. Unlike you though, I stayed in the stock market throughout its decline in 2008 and early 2009. Instead of selling as the market went down, I instead continued to buy stocks as the prices became more of a bargain.

When the market reached its low in the 6000 plus area, I showed a paper loss a little over $250,000 from what my account had been at the markets high point.

Yet by staying in the market, instead of selling, I was able to recover all my paper losses within a year of the markets low point. By remaining in the market through the downturn and continuing to buy quality stocks at much lower prices, I have seen my overall portfolio increase over $500,000 since 2008.

I look forward to the next market correction. When it comes, many foolish investors will once again get scared and sell their shares at a loss. I will once again remain in the market and just buy more stocks at a bargain price and wait for them to take off again when the markets go into yet another bull market.

Cost averaging beats panic selling.

So the market didn't tank? That's weird. But the pretty pictures looked so convincing...

2007 all over again

probability wise many periods should resemble many other periods. This is actually a way to predict stocks in the market, although to me, a not so good way.

"bigbry wrote:

Mo is correct in his description 305.

Not boasting but I've had really terrific timing the last 20+ years, however I cannot back it up with any statistical data. I've gone just on the feeling I'm getting. Thats it, just feeling. Market and real estate. I always keep a pulse of whats going on, and read and listen to everyone.

The only thing I can tell you is I'm always against what everyone else is saying, always. I've tried convincing friends but the "feeling" thing just doesn't fly with them. I cant blame them either.

An example: I sold almost all real estate investments by July 31st 2007 when I believed the recession was hitting. Real estate markets are regional but those around me started losing equity starting Aug 1st.

As people are now getting themselves back into more debt and feeling comfortable with it, I think its going to be something they will not be able to pull themselves out of with this next go around. And yeah, my feeling is we are in for another round.

My feeling is the numbers cannot sustain themselves.

housing will crash again due to rentals. Book it.

Our largest asset class is money. IMO inflation will become a ***** that refuses to leave the house after using her.

Everyone wants to point at 2008 when it started but it really started in 2007, right when everyone believed there was free money out there to be had.

I see that same type of euphoria present today.

I can clearly see getting back into real estate by the end of this year.

Just my humble opinion.

the housing collapse started in 06. That's when people started defaulting and the mortgages started piling up.

"unluckyluciano wrote:

the housing collapse started in 06. That's when people started defaulting and the mortgages started piling up.

I'm sure you are right. Its regional.

Here in Colorado In 2007 people were wondering how they were going to spend all their dough.

In July of 07 is when it started to decline and people were just not interested in thinking it would end.