View Single Post
  #6  
Old 08-12-2007, 01:24 PM
cbloom cbloom is offline
Senior Member
 
Join Date: Jul 2003
Location: communist
Posts: 8,940
Default Re: BFI August [censored] Thread

[ QUOTE ]

Well, except that a lot of consumers buying those goods were doing so with home equity loans and stock market gains. They don't feel quite so flush right now and may turn off the money faucet.

[/ QUOTE ]

Yeah but that's just a general recession, right? Anyway, my other major idea was to put all my money in cash and wait for the foreclosures to really get underway, maybe about a year from now, and try to pick up a house dirt cheap.
Reply With Quote