RichDad/PoorDad author calls R.E. bubble

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Sep 22, 2005 7:00 pm

I just rec. an invitation to attend seminar by Robet Kiyosaki and Donald

Trump. On the invite...he called THE top of the real estate market.

Sep 22, 2005 8:59 pm

What are those morons going to teach anyone? How to declare bankruptcy?

Sep 22, 2005 9:53 pm

Sorry, I didn't notice you of the Forbes list of Billionaires. Who's the moron

now?

Sep 22, 2005 10:01 pm

If it is in fact a bubble, I think it's got some new legs.


Think there'll be any new housing starts along the Gulf Coast over the next couple of years?

Sep 22, 2005 10:08 pm

I thought the same thing..but then all the builders caved in b/c of the Fed.

Too many adjustable rate loans out there.



Which do you think is the better play on hurricane? HOV, LEN, or KBH ?

Sep 22, 2005 10:11 pm

Haliburton.  There's going to have to be some new refinery construction shortly, and I think (given a Republican Congress and White House) that the EPA is going to be told to sit down and shut up.

Sep 22, 2005 10:16 pm

I love that answer I first bot HAL at the height of the Iraq scandal. Let

me add Caterpillar, Vulcan Materials and Building materials Holding Corp.

for the brave at heart.

Sep 23, 2005 9:29 am
skeedaddy:

I just rec. an invitation to attend seminar by Robet Kiyosaki and Donald
Trump. On the invite...he called THE top of the real estate market.


Trump was born into money and thankfully for him he has enough media/market savvy to overcome his criminal level lack of taste. Kiyosaki is a flat out fraud, read a bit about this guy....

Sep 23, 2005 3:54 pm

Skeedaddy- Trump was born into wealth and has managed to go into bankruptcy twice. Kiyosaki I agree with Mikebutler on. The fact that someone has some wealth doesn't impute intelligence or common sense to them.