Tue, 7 June 2016
Hilary Clinton recently responded to Trump for wanting to take advantage of a potential housing crisis from an interview in 2006. Hilary thinks buying low and selling high is being selfish and it hurts the poor! Recessions happen to correct malinvestments and those with available cash can take advantage of extremely undervalued assets! The quicker this correction happens than a faster a recovery can begin! Those entrepreneurs with the foresight and the ability to forecast accurately what consumers want are rewarded with huge profits! That’s a good thing! Buying low and selling is a simple concept and yet, most people can’t see to do that! Why is that? People get the most aggressive investing at the peak of a bubble!