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Updated almost 12 years ago on . Most recent reply

User Stats

362
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115
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Tevis Verrett
  • Lender
  • Woodland Hills, CA
115
Votes |
362
Posts

We Are Heading for a Nasty Correction. . .

Tevis Verrett
  • Lender
  • Woodland Hills, CA
Posted

Hey Y'all,

. . putting my chicken little suit on.

Since knowledge is power, better to share this with my peeps:

http://www.moneynews.com/Outbrain/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=FE8A-1

If the big dogs are pulling out of consumer supported spending companies, the richter scale means that it is about to get rocky.

Lets do a mindshare, how can we all position ourselves to take advantage of this correction, real estate wise?

Tevis

Most Popular Reply

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16,433
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12,718
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Ned Carey
  • Investor
  • Baltimore, MD
12,718
Votes |
16,433
Posts
Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

Just more media pablum. Ignore it. The links make me think it is as much an advertorial as it was serious journalism.

My dear friend Tevis Verrett, You have heard this before "you make money when you buy." You realize that profit when you sell. So you better hope we are headed for a correction. Crashes are when you make money.

My biggest fear is the economy will get better before I can get rich. However it looks like we could be headed for another bubble - burst cycle. Figure how to take advantage of that. - Ned

  • Ned Carey
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