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pop goes the weasel


               
2012 Feb 6, 11:51am   24,989 views  57 comments

by thankshousingbubble   follow (7)  


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1   edvard2   @   2012 Feb 6, 12:17pm  

I just invested more money into my mutual funds and my 401k. I will add more this year.

2   Austinhousingbubble   @   2012 Feb 6, 2:28pm  

Knew too many people (boomers) who lost their ass in both real estate and equities either because they timed their exits wrong or through blind faith/insouciance. I never really understood the American obsession with either, and for the most part, invest in what interests me. I have a 401K and some other crap, but I never look at it.

Investments to date: my wife's career; artwork; rare auto parts; rare hi-fi/recording components/parts; running shoes.

3   Austinhousingbubble   @   2012 Feb 6, 2:35pm  

Oh! and I just paid my taxes for the year, so tack that on as an investment in the country. Huzzah!

4   EightBall   @   2012 Feb 6, 9:48pm  

Austinhousingbubble says

Investments to date: my wife's career; artwork; rare auto parts; rare hi-fi/recording components/parts; running shoes.

You should try the bacon of the month club for your parents.

http://www.thepignextdoor.com/bacon/traditional.html

Excellent investment as well for that old maid aunt.

5   GUAB   @   2012 Feb 6, 10:24pm  

I hear you Roberto. Most of the good stuff has dried up. Lots of SFH still available in central phoenix/south mountain though. But I'm still skeptical about buying rental properties now that the government is on their way to that foreclosure-to-rental conversion plan. That's going to dump a ton of properties onto the market when it hits and (most likely) drive down rents.

6   Austinhousingbubble   @   2012 Feb 6, 10:41pm  

EightBall says

You should try the bacon of the month club for your parents.

http://www.thepignextdoor.com/bacon/traditional.html

Excellent investment as well for that old maid aunt.

never touch the stuff.

7   bubblesitter   @   2012 Feb 6, 11:49pm  

I just realized that the stocks I bought last year doubled in value this year. LOL.

8   bubblesitter   @   2012 Feb 6, 11:50pm  

APOCALYPSEFUCK is Tony Manero says

Just freeze-dried my third ton of potatoes.

Restored a Vietnam-era flame thrower.

When cannibal anarchy hits, I'm going to be rich in what matters: durable foodstuffs and ordnance.

Hahahahahahaha..

9   swilliamscc   @   2012 Feb 6, 11:56pm  

Homes and condos will drop another 30-50% in the west. One year of slight increases in prices when the Fed is spending trillions to temporarily keep mortgage rates way too low and unsustainable is not a trend. When rates return to fair and are market driven, home prices will collapse again. It's coming.

10   swilliamscc   @   2012 Feb 7, 12:00am  

Just checked trulia. 18,617 foreclosures on the market (auctions and bank owned only) better buy quick. LOL Total boom coming.

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