Thursday, October 2, 2008

It's a buyers market

While many, many people are nervous, fearful or just cautious in these uncertain times, the reality is that economic downturns are opportunities for smart buyers. While we understand the simple formula "buy low, sell high" my experience has been that most people would rather "buy high and try to sell higher".

Assets are selling at discounts: real estate, vehicles, businesses etc. Although the credit market is tight, cash is king for getting great deals.

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