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Old 08-04-2011, 12:46 PM
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ckinchen ckinchen is offline
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Join Date: Jul 2009
Location: Woodlands, TX / Hackberry
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Default Out of the Market?

How many of you got out early last week before what has been 10 out of 11 days of pain?

I got into bonds in one of my accounts and out of equities, and into a gold ETF in another account last Tuesday.

I know, W's buying right now and will make a fortune later, I get it. Buy low sell high, I get that as well. Just a general question.

I am in the process of buying two foreclosed homes that I plan to rent here in the Spring/Houston market. Earning a 6-8% return is the play I am making at this juncture.

I plan to get back in equities, just not right now. Economic news the past two weeks has been horrible.
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