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SVTPerformance's Chain of Restaurants
Road Side Pub
Thoughts on Real Estate- bubble burst or not?
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<blockquote data-quote="quad" data-source="post: 16705556" data-attributes="member: 17952"><p>The problem is buying a new home will cost just as much. And if you sell now before getting a second home your money will devalue. I doubt the printing presses will stop but we'll see.</p><p></p><p>Holding cash is a losing situation when cash is trash. I am surprised Warren Buffet is siting on so much cash. He cashed out a significant amount last year apparently and all that money has not been working for him. Maybe he thinks the market is going to have a huge correction and he can reenter at a lower price? He did lose out on a lot of potential gains and his cash holdings have lost value since last year.</p><p></p><p>[URL unfurl="true"]https://www.fool.com/investing/2020/10/07/why-isnt-buffett-putting-more-of-his-cash-to-work/[/URL]</p></blockquote><p></p>
[QUOTE="quad, post: 16705556, member: 17952"] The problem is buying a new home will cost just as much. And if you sell now before getting a second home your money will devalue. I doubt the printing presses will stop but we'll see. Holding cash is a losing situation when cash is trash. I am surprised Warren Buffet is siting on so much cash. He cashed out a significant amount last year apparently and all that money has not been working for him. Maybe he thinks the market is going to have a huge correction and he can reenter at a lower price? He did lose out on a lot of potential gains and his cash holdings have lost value since last year. [URL unfurl="true"]https://www.fool.com/investing/2020/10/07/why-isnt-buffett-putting-more-of-his-cash-to-work/[/URL] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Thoughts on Real Estate- bubble burst or not?
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