patrick.net

RentingForHalfTheCost says

Most people buying at this point, which is what determines the market prices,
are counting on continual gains.

Where is the evidence that the investment component is the main driver of buying real estate?

robertoaribas says

It's time for me to take a break; maybe drive out to OC and hang out on the beach....

Laguna Beach? :)

Going to be crowded here this weekend.

RentingForHalfTheCost says

For most selling covered calls and getting a repeatable 6-10% annually is a great option.

True, and hopefully the stock won't raise that much past the target price when the option contract comes due. Greed should be contained, and playing a covered call option is a safe way to make a good return on investment.

Keep an eye on P/E ratio, when it gets past 22 then I would start selling or at least stop buying if I plan on holding my stocks for at least 5 or more years.

I think the next crash will come very quickly and with at least a 30% drop because almost everybody is expecting it. It will almost be like a run on the banks.