Leverage is Everywhere Right Now!!

Many are cowering in a corner as the economy does it "thing".

Not the people who understand the right time to move i.e. Warren Buffet.

His famous quote is - "Be fearful when others are greedy, and be greedy when others are fearful."

So are you getting greedy or are you fearful? I am noticing people are starting to "snatch up" properties again. Is the housing market recovering yet? I don't think so but when it is known that the housing market is recovering - it will be too late (Warren Buffet will have made his move).

Another great quote - "observe the masses and do the opposite".

If you are on the bandwagon you better be sure you get off in a hurry. This keeps repeating itself and not everyone is catching the warning signs.

2 examples:

1. Stocks (particularly tech stocks in the late 90's) - everyone had a "tip", everyone was investing, daytrading became a wikipedia entry. Even your mom was daytrading......Clue #1 when everyone becomes an expert and has a tip and training courses are popping up everywhere - GET OUT!!

2. Housing Market in mid-2000's - everyone became a broker, agent, flipper, investor in real estate. Even your mom was flipping houses.....Clue #2 Just GET OUT!!

What's happening right now. People are sitting at home licking their wounds wondering what happened.

Folks the time is now. If you are going to do something do it when everyone else is sitting on the sidelines. But be sure of one major point - leverage, leverage, leverage either your time or money and preferably both.

SOme may say but I don't have any money or equity. That is irrelevant there are creative ways to get out there and hustle (with integrity) to make it happen.