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| The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum! |
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#1
08-04-2011, 12:46 PM
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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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