Investing 101

Everyone knows the mantra: Buy LOW. Sell HIGH.

Which is why this market confuses me a bit. Several years ago, with prices spiralling out of control, and house values rising every day, people were scrambling to buy. The higher the prices went, the faster they bought.

Today, with home prices at levels not seen for many years, it seems only the savvy few are buying. Isn't that backward?

If the age old theorem is correct, BUY LOW. Prices are low. THIS is when people should buy. Prices are still LOW and will go UP eventually. This is sound investment strategy. Investment 101. Many have said that they are "waiting for the recovery to buy". However, by the time a recovery is reported, it will be because enough people have bought LOW, and the prices are RISING again. Don't be fooled, many people ARE already buying. To those who know the rule of investing, they are GLEEFULLY buying.

BUY LOW. SELL HIGH. It's simple, effective and proven strategy. Regina Brassil, REALTOR
All opinions are solely those of the author.