It sure does seem that way. One of the strategies I was hoping to possibly use was when this next financial disaster comes and everyone gets blown out of all their toys I could be soaking up the toys on the cheap. I saw it happen in 08 and 09. People trying to get rid of sports cars, boats, ATVs......etc. Here in Arizona I watched 4 people strategically walk away from their houses and they seemed to turn out better off then the people who stuck with their under water investments. So it certainly changed my opinion on that. I was never in that situation though.
You are viewing a single comment's thread from: