Updated about 2 years ago on . Most recent reply
Are you being fearful… or greedy, in today’s market?
Are we currently living out Warren Buffet’s famous quote - “Be fearful when others are greedy and be greedy only when others are fearful” ?
It seems like everywhere I look, I’m reading about how unaffordable housing is in the US (which I’m not disagreeing with), but it’s got me thinking about this quote. Competition is low and people are DEFINITELY fearful.
Is it smart to be greedy right now? For the people waiting on the sidelines for interest rates to go down, should they be jumping in, assuming they have the money to?
**I understand it’s a loaded question with no right answers, just curious to hear other investor’s opinions.