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The problem is that you can't properly diversify anymore, I went looking for things that weren't correlated. Heck during all the fed/government meddling things
by StillBored 11y ago
The problem is that you can't properly diversify anymore, I went looking for things that weren't correlated. Heck during all the fed/government meddling things that should have been negatively correlated were moving together. That is when I concluded the whole thing was rigged, and it was better to go with the herd than get run over by it. In my own way I bet against the housing boom of the early/mid 2000's too. I didn't really lose any money, but what I learned is that I should have just went out and purchased the largest house I couldn't afford, because the government made it clear that they would do anything to prop up housing/banks/etc. We will never see a _REAL_ price crash in housing because as soon as the markets start to dip a few percent the 2% loans, tax breaks, and bailouts for banks holding empty real-estate they cant sell because doing so will cause the prices to drop further.