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26 May 2019 | 37 replies
That's gambling IMO.
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24 April 2020 | 1 reply
While that is technically true we have invested money in something, I doubt that would meet most investors definition of an investment.To me an investment generates positive cash flow...that's it (I recognize that others would consider this too narrow a definition, but for me, that is what I care about.)These properties won't cash flow, they are purely an appreciation play and that is closer to gambling than investing...to me.
18 January 2024 | 34 replies
To get a say 30% gain either the price has to go up 30% to 6,110 which is Ponzi scheme or gambling by investors or the S&P earnings has to go up by 47%.S&P average of 4,700 is tech heavy.
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17 December 2019 | 210 replies
Making the leap from my service business to real estate was a much bigger risk and bigger gamble for me than it would be for you at 19 to make a leap to Real Estate.
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3 February 2022 | 67 replies
Then it's the gamble of did you get a added 15, 20 or the coveted 30% off added coupon??????
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15 June 2010 | 341 replies
I am fine if anyone wants to speculate on appreciation, but buying a property with a negative cash flow (that loses money) in hopes of future appreciation is nothing more than gambling.
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6 July 2022 | 11 replies
It could appreciate but I consider that gambling.
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1 February 2016 | 4 replies
SoCal) Getting into a deal with the hope of appreciation to make the deal work is basically gambling, and I don't like to gamble.
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29 August 2015 | 8 replies
Do you really need to spam every newbie that enters the sight?