ASPIRATIONS
Enthusiast
[Originally Posted by REDBLACK
You're going to see major deflation and the greatest DEPRESSION ever going forward. If you want to buy a house today be prepared to suffer a 30% - 40% decline in value. Your economic recovery will start around 2015 if we're lucky. As far as plowing long into the stock market here that is a very bad idea. I'd wait for the S&P to hit 150.
quote=Martin;2665977]Thanks for the input. Twenty years from now, let's revisit and see who's happier.[/quote]
IF I had any money it would be on Martin.
You're going to see major deflation and the greatest DEPRESSION ever going forward. If you want to buy a house today be prepared to suffer a 30% - 40% decline in value. Your economic recovery will start around 2015 if we're lucky. As far as plowing long into the stock market here that is a very bad idea. I'd wait for the S&P to hit 150.
quote=Martin;2665977]Thanks for the input. Twenty years from now, let's revisit and see who's happier.[/quote]
IF I had any money it would be on Martin.