Investing 102

[Bucketlist2012]

[QUOTE=Flash68;418769]You did just what millions of other people did, and at least you've hung on and been okay. Many did not make it as you know.

I've been happy renting for 5 years and am getting back in now.

FLASH..

Amen brother.. I am no Real Estate Guru, but even I knew what was coming.

I sold my luxury home in 2006 and rented for three years... I bought back in , February of 2009.

I changed my life forever.. I had enough to buy the Home and retire, all at once..

Many just missed ALL the signs..Frankly I don't know how they did. In the bay area is was easy to see the bubble..Homes just do not go up 20K a month...And when they crashed, they crashed 100K a month..

I hit the curve right at the bottom. my neighbor bought two month before me, and is over 100K underwater...The window was very narrow.

I always say, luck is the meeting of Preparation and opportunity..

Was I lucky ? I prepared for years for the moves that I made.

So to me too, investing Can be with your primary Home, but normally it is not..But 2008 was not normal at all..