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<p>[QUOTE="Legomaster1, post: 3397624, member: 101260"]Not necessarily. I do have shares in Apache corp, but, since silver is relatively cheap right now, I bought some, and am waiting for it to go up in value. It is highly unlikely that silver price will sink below $15, so silver might not be a bad investment.</p><p>About property, prices in my area (Bay Area) are grossly inflated. Back in 2008 people were dumping property, but now, there seems to be a boom in housing prices.</p><p>If buying property, I am personally waiting for prices to go down, and so are many other people I know. Now, because the housing market has already reached the top, speculators realize they will not be able to make as much money. Altogether, in my opinion, it's best to be patient with property purchases. After all, the housing market (like numerous other things) is a bubble. Another problem with property (at least in the CA)- HOA. And in some other places in CA- "mello roos". One of my friends said it best: "HOA and mello-roo=forecloseroo"[/QUOTE]</p><p><br /></p>
[QUOTE="Legomaster1, post: 3397624, member: 101260"]Not necessarily. I do have shares in Apache corp, but, since silver is relatively cheap right now, I bought some, and am waiting for it to go up in value. It is highly unlikely that silver price will sink below $15, so silver might not be a bad investment. About property, prices in my area (Bay Area) are grossly inflated. Back in 2008 people were dumping property, but now, there seems to be a boom in housing prices. If buying property, I am personally waiting for prices to go down, and so are many other people I know. Now, because the housing market has already reached the top, speculators realize they will not be able to make as much money. Altogether, in my opinion, it's best to be patient with property purchases. After all, the housing market (like numerous other things) is a bubble. Another problem with property (at least in the CA)- HOA. And in some other places in CA- "mello roos". One of my friends said it best: "HOA and mello-roo=forecloseroo"[/QUOTE]
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