Look at it like gambling, people get caught up in the moment and only meant to spend x amount, the excitement causes them to spend more.

I don't like growth stocks (AMZN, TSLA, NFLX, FB, etc) because there is not difference between these and gambling.

It could be a pretty big gamble if they follow through.

I am "gambling" my money that it will be in precious metals and food.

Naturally you'd buy based on good fundamentals and the gamble is just on the startup costs of furnishings, vacancy, etc.

These properties there is almost no cash flow but they are either holding for retirement, living in one unit and renting three going FHA, or trying to buy high end quality areas hoping for rent growth and appreciation to eventually catch up to a decent return.Too me that is gambling and not investing yet the herds do it to their hearts content.

If they are not thrilled with that idea, offer them the opportunity to move immediately.

They were thrilled and values we offered were "above" the levels they expected to get,We were introduced to the regional asset mgrs. to start some offerings and get current lists.

Whether or not it's true, who knows, but a thrilling read and I feel I better understand fiat currency.

Don't gamble.