Quote:
Originally Posted by calculoso
Not sure I agree with that. There aren't too many investments that I could own worth over half a million dollars already...
|
That is just because of borrowed money though. You could borrow a bunch of money and have the same impact with a lot of other investments actually.
I don't know what prices are going to do over the next short while...maybe drop by 5-10%, but maybe just stay pretty flat. Interest rates aren't exactly rocketing up here, and mortgage rates are pretty flat. Last I saw mortgage rates were dropping...sure that won't last forever, but its not a time to panic one way or the other either.