Logic tells me that most of the fortunes may have already been made here (a hedge fund manager named J??? Paulson made $1.5 billion this summer short selling subprime credit). What do you all think of this? Can it still be done? Should it still be attempted if you know what you're doing and can tolerate the risk and complexity? This whole "meltdown" has me all excited, but all anxious at the same time. The RE sector I focus on is SFH's right now as part of my short term investment strategy. I was originally skeptical of the plausibility of this being as big a disaster as the media describes, but I've already come across my considerable share of for sale signs, defaulted mortgages, tenant vacancies, etc. I'm also affected as a consumer in that I'm trying to rebuild my credit right now so I can acquire the capital to buy all this cheap real estate everywhere. Times like these are an investor's dream, as you all know. Is it a wise move for me to delve into cram sessions on advanced stock investing so that I can take advantage of this window while it's open? It's late for me to be asking, but I need to know if it's TOO late for me to be acting.
What do you all think?
Kimberland, if you're reading this, do you do short selling?
What do you all think?
Kimberland, if you're reading this, do you do short selling?
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