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<p>[QUOTE=&quot;chascat, post: 2628070, member: 76792&quot;]You made the right choice, do nothing.&nbsp; I made the same choice and recovered also.&nbsp; I also had plenty of equity to survive the hard times in both of the prior recessions.&nbsp; Things look good for the present, so I won,t make any fast moves if the economy sinks or swims.&nbsp; The point I try to make for the young ones is only to not over extend in any of their investments, and have a little savings set aside for the tough times ahead.&nbsp; I lost a lot of equity in the last downturn, but it was all on paper anyway and didn,t really matter.&nbsp; The ones who got slammed the hardest were mostly young families, average blue collar jobs, and little savings.&nbsp; A rough situation to be in when they loose their jobs and can,t keep up mortgage payments on a home with a negative equity.&nbsp; I hope it never happens again like in 1994 or 2008, but weve just gone thru some fair times and the tention seems a bit strong for a downturn of some sort.&nbsp; I hope I,m dead wrong about that and Trump actually has a fabulous cure for the next few years. As for the PMs, I don,t have the slightest clue as to how they tick, and don,t think anyone else really understands them either, but I do think that real estate, stocks, and reasonable interest rates are the makers or breakers of the economy.[/QUOTE]</p><p><br /></p>

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