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Updated over 6 years ago, 06/28/2018
Looking Back On the Crash of 07-08. Share your experience?
“If you want to know the future, look at the past.” —Albert Einstein
I started thinking about what the future holds and what it could look like when the next crash happens.
Naturally, I wanted tonlook back to the last crash and how investors at that time handled that. Just thought it would be interesting to hear first hand from investors during that time where you were at prior to the crash (property pricing, difficulty in obtaining good deals, market saturation, etc and what happened once the crash came, how you survived or thrived during this and then how you did when everything started to come back up. If you had property why did you do to survive? (Or did you?) It would be nice to hear what type of investing you were doing at the time and see how they compare/contrast.
Feel free to share your experiences and add in anything you feel is important to your story.
Ideally it’d be awesome to hear where you were at pre-crash, what happened during that time period, and why did you do when the market started to recover up to where we are at today?
Thanks in advance for sharing your story!
Chris