REAL ESTATE MARKET NEWS | Blog Video
In February of 2020, the L.A. Loft Blog was among the very first in the world to report on how the virus affects real estate and the economy. At that time, we cautioned readers about how panic and overreaction would be the ultimate culprits. The Loft Blog has repeatedly informed readers of how best to take advantage of an extremely negative economy, which we accurately predicted would go from devastated to worse. This is the Greater Depression of 2020.
The depression is playing out as we said that it would — much worse than most predict. In fact, Bloomberg just yesterday reported that the S&P 500 suffered its fourth down week in a row, sounding an alarm on economic growth. The U.S. September job report shall show the economy entering a weaker phase, further signaling a tenuous recovery, according to MarketWatch. On top of that, October is the month of historic stock market crashes, including The Bank Panic of 1907, Stock Market Crash of 1929 and Black Monday of 1987.
For those who are really looking to panic, fall and winter provide ample opportunity, as respiratory virus illnesses naturally spread more in the colder seasons.
Profit from Pain
Stockholders are big losers when these enormous stock crashes occur. The opposite is true for those who take advantage by turning lemons into lemonade. According to Friedrich Nietsche, “That which is about to fall, deserves to be pushed.” Turn a big crash into huge cash with a short. Get help from a real stock broker who has successful experience in shorting bad stocks. From Douglas Case’s Book “Crisis Investing”, here’s how to pick bad stocks that benefit from a crashing market: Look for bad deals, and short them. This includes companies with bad leadership, losers who have never made a profit; companies with bad income statements, minimal operating history, high cash burn rate, poor value, media hype, marketing puffery to investors, signs of fraud or exaggeration.
Because the Federal Reserve (which is neither federal, nor reserve) has promised massive, radical and unprecedented monetary policy, we now run a huge risk of dollar devaluation and stagflation. Bitcoin and gold are the best hedges against this inflation. Gold has already jumped up quite a bit since February. Bitcoin has outperformed every other investment in the last 10 years, and has thus far been best investment in history. Bitcoin does have substantial risk, so please buy only as much as you can afford to lose. The Oracle of Omaha, billionaire investor Warren Buffett has quietly sold billions in financial company stocks, and he’s made an unprecedented investment in gold mining stocks.
Downtown real estate home buyers and investors have already begun to enjoy big drops in home prices, up to $70,000 in savings. Get a free list of the best deals in Downtown lofts for sale.
Enjoy your growth. Please pay it forward.
Your Referrals Help The Kids! We are on a mission to raise $25,000 to help the extraordinary kids in need at Children’s Hospital Los Angeles. We do this by donating a portion of our income on every home we sell. Help us help Children’s. Who do you know considering making a move that would benefit from the services we provide? Call me at 213-880-9910 with their contact info, or have them contact me. You can also visit http://www.ReferralsHelpKids.com or fill out the online form. Thank you in advance! — Corey Chambers, Publisher, L.A. Loft Blog.
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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.