Showing posts with label market panic. Show all posts
Showing posts with label market panic. Show all posts

Sunday, August 14, 2011

Buy Low, Sell High, Old Saying, Old Results

Hi, everyone.

I know that it's been a while, but this past week or so was pretty newsworthy. So I finally have something to say.

Nearly everyone has heard the saying, "Buy Low and Sell High."

That seems obvious, doesn't it? I mean, do we really have to tell people this?

YES! We really do!!!

Why?

Most people SAY it, but they do not DO it.

Want an example?

Wednesday, May 19, 2010

Foreclosures sets new record: Are you surprised?

I don't know whether we set a record with foreclosures, but the news this morning said that we set a new record. The number of outstanding mortgages where the borrower has missed, at least, one payment is at an all time high.

Ummm...DUH! What did we expect?