| Search by tag or site | Login to my blog ? Start my own blog |
 |
Millionaire Now! by Larry NusbaumThis blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth". |
WE SIMPLY HAVE TO GET IT RIGHT THIS TIME!
http://www.millionairenowbook.blogspot.com/
We have been hearing about a housing bubble, real estate bubble and now credit bubble for 6 years. But, if magazine covers are an indication of a top, then housing received a lot of happy covers in the summer of 2005. When other bubbles occur, the tech stock (internet) bubble in particular, there weren't a lot of dire warnings in advance like we have seen in housing. Is it possible that analysts and investors want to get it so right (after beeing so wrong on tech) that they have been preparing for it and didn't all rush in at once at the end? I don't know.
Now, the financial analysts, economists, media people, and technicians like to look back on the patterns of past history to predict future price movement. It can be seasonal or trends can last a long time. So why is it that they are predicting housing's implosion when there is simply no history to fall back on? Look at housing as repeating 7 year cycles in which it moves (up), flat lines for a while and a new cycle starts. The history of this stair step pattern couldn't possibly be of any help in predicting a pop in the bubble, could it? So why are they doing it now?
You have always heard about the contrarian investor. They buy that which everyone hates and sells when everyone discovers it and falls in love with it. EVERYONE HATES HOUSING STOCKS AND HOUSING! So, on that basis, could housing stocks be done going down? I say yes. And, did everyone sell their houses or refinance their "exotic" mortgages who wanted to? The bubble has been talked about long enough...........
- San Francisco Rents Are 2nd Highest In The Nation
- TODAY'S OPEN: FLAT
- Sector Rotation Says Bearish
- Fed Official Sees Home-price Dips ‘well Into 2009'
- 10 Best And 10 Worst Performing Industries: Week Ending 7/5
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- Millionaire Now!
- The 7 Steps to Millionaire Now!
- Build Your Financial Plan
- RETIRE RICH: Survival Guide
- ASSET ALLOCATION MODEL
- THE BIG ROLLOVER IS HERE
- THE END OF THE GRAND SUPERCYCLE?
Why I traded the stock ME today. I had it on my list fr [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
<< My Home | TheMoneyBlogs Home