OfflineThis is an interesting story about one guy's journey of losing his house. A really smart guy in the financial business. It is only important to read this story as a reminder that risk isn't always what is perceivedto be; sometimes it can be a whole lot worse. A lesson learned here could save you from entering the abyss as well.
Read the whole story here:
http://www.msnbc.msn.com/id/45221933/ns/business-us_business/
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Always Looking to Acquire Houses | Always Looking to Amaze Investors
Shows how powerful the pull to follow the crowd is. No matter what a person MUST keep their wits about them, and stick to their investing goals. As soon as a person starts to get emotional like that, the risk goes off the charts.
It's unbelievable that people think the economy can go up forever.
I hope things work out for Mr. Richards.
RENinja
"Remember, success is a journey, not a destination.
Have faith in your ability."
Bruce Lee