Marc Faber-put half in Gold & Real Estate

That means that most New Yorkers would have to trim their real estate holdings (or get more realistic about its value).

yea.. I doubt he means buying RE at inflated prices like Manhattan and China

Very interesting report
thanx

Dead on Eric69!
99% bubblers have $
10x their net worth in re.
-how does one have 10x net worth W67?-
It's called mortgage leverage. To follow through with the thoughtful asset allocation model, one should be able to put down 20% on commodities, bonds and stocks. Which no brokerage would ever do.

And once again Riversider should stick to eating cream cheeses

I would differentiate between owner occupied real estate and an investor property. For primary residents one should not over-buy and stick to what they need(at least from a portfolio management standpoint). Once we're talking investor property, you have rental growth to make the equation work, which makes real estate more comparable to stocks and bonds.

Flmaozz. Oh you mean if you had enough money to own your 'home' outright. Oh you mean you are mr moneyballbags.

Then I assume most ppl on SE are piss poor mortgage humpers.

I admit to being poor, but I'm ONLY poor bc tulips are selling for $50k apiece. I'd like to buy my wife a tulip. But her pussy don't menstrate gold bars.

So I can laugh my fking azz off while you the price of tulips come in line with roses. When you can buy 50k roses for the price of one tulip, well you buy your wife 15k roses and and the rest and buy yourself a used perpetual patek Phillipe for $60k from TOURneau. Flamozz

>I admit to being poor, but I'm ONLY poor bc tulips are selling for $50k apiece. I'd like to buy my wife a tulip. But her pussy don't menstrate gold bars.

Is that because of the "thousands of people who touched [your] wife"?

Mrs. w67th may have to put w67th to sleep tonight with both the Michael Jackson milk and hitting him on the head with a mallet.

I'm not a proponent of violence, even the Loony Tunes type.

My personal recommendation is to sit in Gold and non-financial high quality corporate credit and blue-chip big cap non-financial global equities. Bond and Currency markets are now so rigged by policy makers that I have no meaningful insights to offer, other than my bubble fears. Real assets are relatively attractive.

http://www.zerohedge.com/news/bob-janjuah-markets-are-so-rigged-policy-makers-i-have-no-meaningful-insights-offer

> I would differentiate between owner occupied real estate and an investor property

From a value as a investment perspective, sure. Problem is, if you have 200% of your net worth tied into your apartment, you should be hedging it if anything.

http://www.netcastdaily.com/broadcast/fsn2012-0213-1.ram

http://www.youtube.com/watch?v=ybvsZ7YjBL0

Riversider:

1. your assumption that rents will continue to rise might not be correct
2. perhaps in NYC, or Manhattan, but not everywhere in the US
3. according to the WSJ median inflation-adjusted income is now down to 1996 levels

4. that collapse is likely to work its way into rents sooner of later if conditions
re employment and inflation-adjudted income do not improve

Not sure about the advice about sitting in gold. Its price is inversely proportional to the health of the stock market (more or less, and with some lag). As the economy heats up, it will drop. There were huge periods in recent history where this was the case, and where gold significantly underperformed the market.

Just because it did well recently, does not mean it will continue to do so. In fact, it is probably the opposite (barring major world-wide economical catastrophes). The very definition of a bubble is rapid growth fueled by speculation. Helloooo Gold!

Too many posts. You gave it away.