I always wonder about the fact that people want out when things are profitable and in when they are not. It works the same way for both real estate and stocks. When people are buying real estate and stocks in the hope that it can only go up and up you have entered the “Greater Fool Game” where you have to find someone more stupid than yourself to buy your overvalued property or stocks. When the “Greater Fool Game” collapses no one wants to be in the game anymore but this is really the time where prices are right and real estate or stocks turn profitable again. I find it very hard to understand the “Lemmings” mentality and I strongly urge you to try to stay clear of following what everyone else does. If you want to make a lot of money you have to break out of this pattern.

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