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Registered Feb 27, 2010
MoneySheep's most recent comments:
- On Sat, 6 Feb 2016, 3:58pm PST
Is cheap oil a bad thing?,
All extreme moves (up or down) are not good. So cheap oil is bad. Why? Because there are lots of businesses building around oil, and many people would be unemployed. (Odd thing is that I was driving around Las Vegas, the gas is 2.25 to 2.60 a gal. I would have thought that is would be below $2).
How about these extreme. Weather is warm in the winter, Big Bear has no snow. Or, cant ski in Lake Tahoe.
- On Tue, 15 Sep 2015, 3:55pm PDT
Saudi Arabia offers to build 200 new mosques in German for refugees,
Islam is not a religion, it is a political system. The west's basic laws and constitution of freedom is being manipulated; be prepared that the world's political landscape to morph, freedom has its costs, just like this spider host is being manipulated...
- On Tue, 8 Sep 2015, 7:13pm PDT
Ten Reasons It's A Terrible Time To Buy An Expensive House,
you better have good timing when you purchase a home.
if someone would just tell me when the peaks and valleys are... ...you have to go on fundamentals.
I do not disagree that "timing" play a role when you buy (ie you are lucky buying low). When the market (house or stocks) is going up and will continue to go up for sure, any time is a good time to buy. When prices are detached from fundamentals, speculators are going crazy, it is wise to keep one's sanity.
On buying a home, not only do you have to go on fundamentals, you also buy only when you are ready --have enough cash reserve for emergency, and you are ready to hold for 10 to 12 years in case the market tanks.