Warning Approaching End Of Times
This ad keeps popping up everytime I get online with this site. A very long ad and full of dire warnings with some writing Guru intent on collecting a fair amount of money for his description of the end of our economic system and oh yes how we can save ourselves.
Now I admit I was a fan of Chicken Little, but when the sky did not fall down I lost my faith and returned to card counting nigttime visits to the local ATM's. and the use of others credit cards.
What he writes and it is indeed wordy is the end of times, caused by our Federal Government not playing the game and of course the enormous amount of credit now is use upon which the economy is totaly dependant.
It is an attempt to stamped the troops into paying money for the message that will make it possible for the reader to survive this event. Does not exactly say how but inferes that there is a method.
Can something be done about this? Is there some way to prevent this haringer of doom from intruding into our real estate occasions?
JOel, you are a genius with the digital goodies, do something. or as Alexander Wolcott use to say, your constant reader will throw up.
Lucius bilious and weaving.
Lucius,
I brought this up to Joel also, as I figured that this site was closing down on the 29th of this month. It is a site for real estate investing, correct?
If it is the end, maybe you can get someone to walk Rodeo Drive with a sign saying the end is coming, save TCI from this impending doom. Don't buy Gucci, drop your money in this bucket to save the real estate investors.
What it looks like to me is the stock guys want the money that went into real estate to come back to the stock market, so they predict the end of real estate investing and to by stocks.
So, Lucius it has been a pleasure, if the Rodeo drive people don't save us then I am afraid all is lost.
John $Cash$ Locke
Sorry... are you suggesting/stating that TCI will be closing down at the end of this month?
I think John is just making a tongue in cheek remark.
[ Edited by Samw on Date 06/23/2004 ]
The ad which Lufos and John are referring to,comes on top near the of the TCI. com logo. Its quite funny talking of impeding doom in 2 weeks and how you can subscribe to their newsletter and save your shirt!
TheShortSalePro,
Sam, is correct just like Rodeo drive will save us, if you read the ad it is predicting the real estate bubble is going to burst, everyone will lose all equity in their properties and properties will be all but worthless.
June 29th, is dooms day, so set your watches to midnight, when you awake in the morning if you haven't bought stock or sold your properties, then you are going down the tubes.
Pro, relax you will still be giving excellent advice to the Short investor and I don't mean height wise after the 29th of this month.
John $Cash$ Locke
Dear John of Locke
"The Sky is falling down, The Sky is falling down." Said Chicken Little as he ran thru the village. And all the children smiled and nodded for they knew that Chicken Little had been smoking the funny cigarettes again.
The above I can understand, I defend the rights of Chicken LIttle. What I object to is being told the Sky is Falling down and then refusing to tell me why and how.
Come to think of it John, Chicken Little never told me either. I think I was five at the time. Had hoped that the world would make a more evidenciary improvement. Ah well back to Rodeo Dr.
Cheers, Lucius 8-)
I saw this and just had to put in. I could be wrong but since we are real estate investors then we all get that the market fluctuates. Seems to me that yes, if the bubble did burst then we would lose money on equity and such but me personally, I can't think of a better time to buy more real estate. it would make deals easier if the owners property was worthless. That being said eventually when the market recovered we would all be millionaires. Sounds great to me. So if rodeo doesn't work, and the end does come then we're the luckiest poeple in the world case we will figure out a way to make money for the time being(thus the Creative Part) and then when its over we'll be rich. Keep us updated on the Rodeo thing though
Dave
Lucius,
Please thank the boys and girls with sandwich boards on Rodeo drive for kicking in and saving the real estate industry from impending doom, I see we passed D-Day it being the 30th and all today.
We are still here execpt for Joel tweaking the site today, he must be trying to get rid of that doom banner, all is well.
John $Cash$ Locke
I really got a kick out of reading the stuff this guy had to say....I was like going to the movies and watching an "End of the World" action movie starring Charlton Heston!!!
Tex,
I haven't seen that movie for years, where ole Charlton is fending of the hooded bad guys.
Then again it is better than us creative investors becoming "Soylent Green" by the stock market boys.
John $Cash$ Locke
[addsig]
Right "The Omega Man"
On June 30th a most interesting day, our dear friend Mr. Greenspan announced that interest rate at primary bottom would now be increased by .25% a quarter of a point. In reaction to which nothing happened as it had all been pre discounted. Really the amount is so small that the effects cannot be really noticed even at the most advanced stations of the number crunchers.
I enter it into my little HP 12C calculator and the effect on 30 years, my usual working figure is nothing. This is not news but in view of the Chicken Little Banner I tried.
I also tried another offer with a non interest bearing mortgage to be taken back by the seller over 30 years. This to compensate for the very high offer price. I failed. But he did drop the price. First time I have seen a Real Estate Broker actualy wet his pants in transaction. I always waited until afterwards. Fun day.
Lucius