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RichDad/PoorDad author calls R.E. bubble

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Sep 22, 2005 11:00 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 23, 2005 12:59 am

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

Sep 23, 2005 1:53 am

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

now?

Sep 23, 2005 2:01 am

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 23, 2005 2:08 am

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 23, 2005 2:11 am

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 23, 2005 2:16 am

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 1:29 pm

[quote=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.[/quote]

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 7:54 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.