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Old Nov 20th, 2006, 03:29 PM   #85
TrendSailor
 
 
Join Date: Oct 2006
Location: Florida
Posts: 355
For those that are bullish for stocks but bearish on real estate the acid test on that sentiment is simple. Rather than just fight the housing market and sell at a loss simply strip your equity with a home equity loan on all these extra houses and condos you picked up intending to flip. Put that cash to work in the "bullish" stock market and make a 20% gain to offset the real estate loss. Then take the winnings to close out the HEL and dump the real estate at a loss but a net smaller marginal gain in total net worth. At least until the Democrats get the entire world in tax chaos again you can take the home loss write off, the mortgage rite off, the home real-estate tax write off and only pay 15% on the long term capital gains (if long 12 months or more) or a 60%/40% long/short split if doing it with options trading...

The only down side is if we have a hard landing you lose everything. But then the gov has to bail everyone out (then tax them on the bail out help in a self eating watermelon sort of economic voodoo). Either way so what's the difference since its a going to be a government subsidized economy no matter what happens...

TS
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Old Nov 20th, 2006, 03:34 PM   #86
JamesVU2000
 
 
Join Date: Jan 2004
Location: chicago
Posts: 1,568
Thats why gold it the way to go for the longterm. They will print until there is something on the order of Weimar Germany. The pabst idea that shit could quadruple is not that unrealistic
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Old Nov 20th, 2006, 03:47 PM   #87
Chicken Little
 
 
Join Date: Feb 2005
Posts: 228
Quote:
Quote from JamesVU2000:

Thats why gold it the way to go for the longterm. They will print until there is something on the order of Weimar Germany. The pabst idea that shit could quadruple is not that unrealistic
Presidential Executive Order number 6102 decreed in 1933.

Been there done that nuff said.
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Old Nov 20th, 2006, 04:32 PM   #88
JamesVU2000
 
 
Join Date: Jan 2004
Location: chicago
Posts: 1,568
Im talking about a panic. I'm just saying that gold would continue to outperform the major averages just like this year.
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Old Nov 20th, 2006, 04:37 PM   #89
JamesVU2000
 
 
Join Date: Jan 2004
Location: chicago
Posts: 1,568
I meant not in a panic
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Old Nov 20th, 2006, 05:00 PM   #90
TrendSailor
 
 
Join Date: Oct 2006
Location: Florida
Posts: 355
Quote:
Quote from JamesVU2000:

I meant not in a panic
In a panic scenario - lead trumps gold 100% of the time.

TS
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