Realllly now? Like when all the 'flip this house' programs were running in 2006? Surf, I sometimes wonder of you're getting Alzheimers, given your bullishness on NY Real Estate about a year ago, your view that the economy is spectacular, and things such as this.
no correlation with the RE programs--- they just happened to run at the top of a cycle in the froth. an illiquid commodity such as real estate isnt as sensitive to public interest as liquid exchange traded ones. this clearly not the top of a stock cycle, infact evidence indicates its the start of a new bull--- artificial or not, it doesn't matter. mark my words, friend. surf
I actually want to go to a free event just to check it out and laugh and see the get rich crowd in the local ramada inn. a few yrs ago it was real estate programs, now it is equities and options and forex
i will tell you this we went to cash in fall 07 and plowed it into our house-sold that house-took all our equity and bought a much larger bank owned home for pennies on the dollar in another city. the homes in this town were selling in the mid 100-200k range in 07-08-we bought the bank owned home in march 09, a 1800+sqft craftsman fixer upper for 32k-will have put 30 k more into it to update to plush(new hardwoods,new baths high end fixtures and stainless in kitchen)and relax with no more MORTGAGE!!!!!!!!!!!! best money idea we ever had-can work for 10.hr to pay all bills and food for a family of four!true financial independence finally! too bad it took a terrible market and buying a bank owned property to do so. now will buy another in the same range and become landlords and sell that one and hopefully more at the next top bank owned properties(the right ones) are the way to go-that market is hot!!!!!!!!!!!!!!!!!
Im not sure if this is bullish or bearish stocks. I do remember alot of these seminars and systems in 1999 and there abouts...don't remember many of them in 2002, 2003...