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I find it interesting how regular housing busts happen. It's not exact but you can count on a bust within 15 years of the last bust. No wonder long term investo
by WheelsAtLarge 3y ago
I find it interesting how regular housing busts happen. It's not exact but you can count on a bust within 15 years of the last bust. No wonder long term investors are so successful. You just have to figure out the cycle and invest accordingly. There's no genius associated with it. You just have to be patient. The ones that really benefit seem to be the children of long term investors. They get a big inheritance and can continue to grow it if they continue with the investments.
- moneywoes 3y agoDoesn’t housing have a better risk adjusted ( sortino) ratio than all other asset classes?
- RhysU 3y agoMy favorite version of this observation is asking tenured professors how they picked up their sweet digs. Often the answer is "I knew I would be here indefinitely. I saved cash until the bottom fell out. I bought."