Sonia

Where the Big Money Is Betting Big

Rental property is a goldmine for young people who can do the repairs, painting, and cleanup when tenants move out, and put up with the hassle. We sold ours in the 90's and are thankful to be out. It is not for seniors. Before buying rental property, talk to landlords and understand what you are getting into!


On May 16 09:02 AM Ransome wrote:

> Big money is dumb money. A market is made by smart money. It is projected
> that this new and rising market will hit $200 a barrel by the end
> of the year. Dumb money moves in. Near the plateau, smart money moves
> out while momentum defies gravity for a while longer.
>
> Small molecule development is vastly different than large molecule
> development which has approximately four or more major hurdles to
> conquer not found in small molecule development.
>
> Mergers are a sign of weakness, especially in the pharmaceutical
> sector. Guarantees 5 years of internal turmoil.
>
> Gold is an inflation hedge. Did we add to the money supply or did
> we replace bad securities with good money, a zero sum game. Any chance
> the debt encumbered consumer will increase demand?
>
> Real estate: Buying five houses and managing the rentals is a way
> for seniors to survive. The price of admission is still dropping
> and they are still making people that need a place to live. Fewer
> will qualify for a mortgage.