Monday, March 23, 2009

Where will you be in 10-15 years?

So, I may need to do some research to verify, but it seems that we go through these real estate cycles every 10-15 years.

If you have ever researched the Atlantic Multi-Decadal Oscillation, it very strangely follows a similar regression to our economic history

Well...kind of...but I'm trying to illustrate a point...

Our economy, in fact all economies everywhere follow a cyclical pattern of growth and recession. So far, it is pretty fair to say that what we are going through is nothing new...in fact it's normal.

So with that being said, if we follow a 10-15 year peak to peak cycle, then we should be in the same panicked fiasco that we find ourselves in today...but with different characters.

So knowing that, how can we plan for our long term, knowing full well that we are currently at the bottom and knowing full well that we are about to experience unheard of growth and expansion!

Now is the time to hop on the elevator at the ground floor! And knowing this, we need plan to buy in the down economies and sell in the good times. Pretty common sense? I would think so. But so far, if you watch the news, nobody has figured this out!

So the message of the evening is that we need to beg, borrow, and steal our ways into whatever assets we can, taking risks, and stepping out of our comfort zones. Because when there is little to lose, there is greater to gain!

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