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Re: noazac post# 1085

Friday, 01/23/2004 11:06:41 PM

Friday, January 23, 2004 11:06:41 PM

Post# of 2267
Noazac IMO Mttg rates will remain low at least for the 1st 1/2 this year. I don't see them going lower, but IMO they will start to edge up in the 2nd 1/2 and rise fast after or near the election. IMO real estate is 50-50 depending upon what the gov does. Inflate as fast as possible and they may escape the drop as seen in the 80's and retain the gains as seen in the 70's. Sooner or latter the prices will drop. However over the history of the USA the 1 single investment has been the single family house. You can't compare real estate to stocks most stocks around in the 1800's are gone same throughout the 1900's, but the land and homes are still here, and at higher prices even after pull backs. My big worry is the Romans had a Republic which lasted just over 200 yrs. WE are a Republic, but the constitution is being violated and not defended. If this continues we could slip into a Democracy and fast into an emperor. IF that happens all investmetns could be in jepordy except for portable items. This is a good time to establish overshore investments ie Canadian etc Stock accts.. Sorry this got lengthy and may be more then you asked for

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