I do trust your opinion guppy but one thing my wife and I learned the last couple of days is that we couold have been invested in one of these big companies and still have lost.
This is the name of the game. But I have been telling her and my friend who has invested heavily into real estate for the past year this was coming.
I still have a lot to learn, but my goal is to not look at the past numbers of a company and solely make my decision based on that. This is good starting info, but what I prefer to do is study the economy and base my decisions as to will happen in the future if the current trends continue and put my money on the future. This is risky also, but is what I prefer.
I am just learning with these stocks. But my friend down in Florida who has made a lot of money in real estate will tell you I was right on 100% of my calls on the real estate market for the past 5 years. There were several big ones he would also say he did not agree with but would have saved or made probably another $250,000 if he would have acted on it. But this is the one market I have studied closely and have constantly kept a record on. More closely, I monitor regions I live in, plan to move to, a couple areas where my friends and family live, and where I vacation at. I never go anywhere without doing a little research on the real estate market there. It is something that has plagued my mind and interest since I was a teenager.