new to the game, page-2

Why not wait and see which way the market is headed before you comit so much money investing in something?

Considering housing requires you to put all your eggs in one basket, where as stocks are very cheap, and you can spread your risk accross several.

So many safe stocks trading at PE ratio's of 2 or 3 housing cant even come close to offering that kind of value.


For example, look at PPP, $80mil cash in bank, $50mil net P.A in revenue.. oilers trade at PE ratio's of around 12 in a healthy market.. its currently trading at $120mil! thats a potential to make 300% when the market bounces back. (lots of stocks like this out there)

Housing has reached its upper limits of what people can afford, the potential to make any growth in the next couple of years in property is minimal.

buy cheap, sell when its not.. why invest in expensive stock/property/etc when there are better options