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re: Never pay off your house?
Posted on 3/10/09 at 11:38 am to Parliament
Posted on 3/10/09 at 11:38 am to Parliament
quote:
that "once in a decade" equity investment opportunity.
I don't think there is such a thing. People assume the market looks like a V - hits a bottom, then rockets back up, and you have only a short time to buy in at the bottom. But it doesn't have to - it can be a U, or even a \___________/. In which case you have a long time to "buy in at the bottom."
2
Posted on 3/10/09 at 11:47 am to Cold Cous Cous
i still don't understand the initial logic.
Posted on 3/10/09 at 11:52 am to Cold Cous Cous
quote:
I don't think there is such a thing. People assume the market looks like a V - hits a bottom, then rockets back up, and you have only a short time to buy in at the bottom. But it doesn't have to - it can be a U, or even a \___________/. In which case you have a long time to "buy in at the bottom."
I'm thinking more of a \______ and then slowly angle up from there. That "once" will last a while.
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