The dot com and real estate bubble is a good indicator that when things are going well we tend to get euphoric and drift away from reality without trusting our own gut, judgement and experience...This industry is slowing down..better to look for alternatives now than later....
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Well, the point is that the current problem at Qualcomm didn't happen overnight and if people sat around thinking their jobs were secure while executive compensation was surging and the company was engaging in frivolous expenses everyone had a choice to move on and avoid this situation.
Yeah, and amazing that everyone that talks about the real estate bubble never can pinpoint exactly when it happens, and those that try to predict always failed miserably at it, except after it happened (in retrospect). And meanwhile all the ones that thought they were smarter than everyone else kept renting and renting and renting away.
Even when home prices did rebound. But rather than having amazed positive equity and eventually owned something free and clear after maybe 10 years or 15 years, they still...rent....
If you forget the last 3 bubble bust in last 35 years then in socal real estate never goes down
You mean like listening to glen beck and buying gold and silver at peak prices about 1.5 years ago because you thought the markets were going to crash miserably? Or putting all of your eggs into that 1%CD since 2008....How's that working out for you? I thought so.