Upcoming Correction Confusion

[Connor Vanin]

New investor here, learning as much as possible while I build up some seed money. While researching, I've seen people bring up the idea of a market correction in the near future, and it makes me wonder why I keep reading that. Historically, at least what I've looked at, real estate cycles tend to go at 18 year intervals, with being 8 years or so since the last correction, I am just confused as to why there seems to be a consensus on the topic. Any insight would be great!

[Russell Brazil]

If there is a consensus.....then it's probably wrong. Doing the opposite of a consensus will usually make you money.

Everyone likes to think that they are Nostradamus and can predict where housing is going. The experts have no better track record than a monkey throwing darts at a dart board. 

Instead of trying to time the market...build a business that can survive all markets.

Peter Lynch made the point that far more money has been lost by people preparing for market corrections than has actually been lost in market corrections.