Comments on: Bubbles In History http://www.nevblog.com/bubbles-in-history/ Financial blog tracking the road to financial success from the age of 22 (now 28). Wed, 08 Feb 2012 17:18:01 +0000 hourly 1 http://wordpress.org/?v=3.0 By: fc http://www.nevblog.com/bubbles-in-history/comment-page-1/#comment-8227 fc Sun, 13 Feb 2011 04:18:52 +0000 http://www.nevblog.com/?p=151#comment-8227 Boy were you right... Boy were you right…

]]> By: Keith http://www.nevblog.com/bubbles-in-history/comment-page-1/#comment-4067 Keith Wed, 02 Apr 2008 03:48:00 +0000 http://www.nevblog.com/?p=151#comment-4067 I would just mention that now in '08 you can look back and see how right you were. The big investers get a goverment deal and everyone else gets 300 bucks. I would just mention that now in ’08 you can look back and see how right you were. The big investers get a goverment deal and everyone else gets 300 bucks.

]]> By: Anonymous http://www.nevblog.com/bubbles-in-history/comment-page-1/#comment-2173 Anonymous Sun, 23 Apr 2006 20:00:00 +0000 http://www.nevblog.com/?p=151#comment-2173 bottom line what the simpletons are learning, or will learn, the severe way. real estate is not drug dealing. fast money is a falsity unless illegal. your house is NOT worth more than it was five years ago. thats the end of the story. anyone who fell for this 'smoke and mirrors' BS set up to dupe the idiotic public deserves to feel the burn of its withdrawl. p.t. barnum was right - a fool and his money ARE soon parted. history shows us what happens in times like this - this time will mark the most severe of them all. housing is over - like in holland after the tulip bubble crash real estate never, i repeat NEVER increased again. thats not propoganda, that is REALITY.<br/><br/>didn't buffett say 'when the masses get greedy i get scared'? bottom line what the simpletons are learning, or will learn, the severe way. real estate is not drug dealing. fast money is a falsity unless illegal. your house is NOT worth more than it was five years ago. thats the end of the story. anyone who fell for this ‘smoke and mirrors’ BS set up to dupe the idiotic public deserves to feel the burn of its withdrawl. p.t. barnum was right – a fool and his money ARE soon parted. history shows us what happens in times like this – this time will mark the most severe of them all. housing is over – like in holland after the tulip bubble crash real estate never, i repeat NEVER increased again. thats not propoganda, that is REALITY.

didn’t buffett say ‘when the masses get greedy i get scared’?

]]> By: Anonymous http://www.nevblog.com/bubbles-in-history/comment-page-1/#comment-391 Anonymous Sat, 23 Apr 2005 08:54:00 +0000 http://www.nevblog.com/?p=151#comment-391 Actually, Newton made money on the South sea, but when the hype came, he put it all (and more) back in the same company, thereby losing much more. It is said that he'd never allow the South Sea to ever be mentioned in his presence thereafter. Actually, Newton made money on the South sea, but when the hype came, he put it all (and more) back in the same company, thereby losing much more. It is said that he’d never allow the South Sea to ever be mentioned in his presence thereafter.

]]> By: Anonymous http://www.nevblog.com/bubbles-in-history/comment-page-1/#comment-367 Anonymous Mon, 18 Apr 2005 20:01:00 +0000 http://www.nevblog.com/?p=151#comment-367 One of the people who made a lot of money on South Sea Company stock was Isaac Newton. Unfortunately he invested his earnings some investments that made him lose it all. A famous quote of his alluded that he can predict the motion of the cosmos, but not the craziness of the people. One of the people who made a lot of money on South Sea Company stock was Isaac Newton. Unfortunately he invested his earnings some investments that made him lose it all. A famous quote of his alluded that he can predict the motion of the cosmos, but not the craziness of the people.

]]> By: savvy saver http://www.nevblog.com/bubbles-in-history/comment-page-1/#comment-364 savvy saver Mon, 18 Apr 2005 12:21:00 +0000 http://www.nevblog.com/?p=151#comment-364 I can see evidence of a bubble here. Young people are buying housing assuming the value will climb, and they aren't seeking value or something they can afford and live in for the long-term. I have friends and friends of friends buying rental property that doesn't create positive cash flow because they are sure they will get rich on appreciation. Property values are high and rents are depressed. It likely won't be a true bubble because of the difficulty in liquidating real estate, but it's not a good situation. I can see evidence of a bubble here. Young people are buying housing assuming the value will climb, and they aren’t seeking value or something they can afford and live in for the long-term. I have friends and friends of friends buying rental property that doesn’t create positive cash flow because they are sure they will get rich on appreciation. Property values are high and rents are depressed. It likely won’t be a true bubble because of the difficulty in liquidating real estate, but it’s not a good situation.

]]> By: Cap http://www.nevblog.com/bubbles-in-history/comment-page-1/#comment-363 Cap Mon, 18 Apr 2005 07:15:00 +0000 http://www.nevblog.com/?p=151#comment-363 the debate over if there is a real estate bubble or not.. is obviously a heated one, especially if you take a look at the thread that goes on over at fatwallet's forum.<br/><br/>after the information overload via the net and own personal reference, I do have to agree that certain locations do have the symptoms of a nice big fat bubble. the prices some people paying for some properties are just WAY too much in terms of their actual value.<br/><br/>you brought up a very good point.<br/><br/>if I remember right, in rich dad's series, he also mentions that a wise/successful investor will also profit from a crash/burst. I suppose its taking advantage of some people, but if there is a housing bubble and when it does burst; the people that got in too late and bail out too late will be where the cheap bargins come from...<br/><br/>I feel like its a bit overblown here in Southern California. One person to the next is speculating on housing prices, and I see people running around trying to gather up investor to buy properties all the time - with little experience or knowledge in history or the present market condition. <br/><br/>its a bit scary. the debate over if there is a real estate bubble or not.. is obviously a heated one, especially if you take a look at the thread that goes on over at fatwallet’s forum.

after the information overload via the net and own personal reference, I do have to agree that certain locations do have the symptoms of a nice big fat bubble. the prices some people paying for some properties are just WAY too much in terms of their actual value.

you brought up a very good point.

if I remember right, in rich dad’s series, he also mentions that a wise/successful investor will also profit from a crash/burst. I suppose its taking advantage of some people, but if there is a housing bubble and when it does burst; the people that got in too late and bail out too late will be where the cheap bargins come from…

I feel like its a bit overblown here in Southern California. One person to the next is speculating on housing prices, and I see people running around trying to gather up investor to buy properties all the time – with little experience or knowledge in history or the present market condition.

its a bit scary.

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