Quote:
Originally Posted by Gululu
i failed u because that article u posted will mislead people and give others false/biased information that could severely hinder a person / family's decisions. you don't have to take it so personaly. I wasn't targeting u but more so to the fact that the article is complete shit and holds absolutely no weight.
in todays world housing commodity is the only asset that protects against currency devaluation, no securities even come close to real estate.
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There's merit to what you are saying regarding the article. Shorting anything is extremely risky even with access to all the data. only reason that guy can do it is because he's loaded and has the capital to bet. If he's wrong he loses a few bucks but is still filthy rich. If he's right, he becomes even richer, as if he needs to be. If it was so easy to make money on, everybody would be doing it.