If You Have A Good Idea…
…then so does everybody else.
Doesn’t this remind you when people you knew quit their day jobs to become day traders. It was easy to make money as a day trader in 1998 and 1999, because the market went up 3 out of 4 days. Every tick was an up-tick it seemed. The preponderance of new real estate agents reminds me of those day trading days. What is even more idiotic about this crop of people thinking hat they will get rich selling real estate is that the day trading days only ended 5 years ago. The memories of “get rich quick” schemes should still be pretty lucid stll.
Snip…
“Everyone, it seems, wants to get into the real-estate business. According to the Department of State, as of June, there are 27,081 licensed agents and brokers in Manhattan, up 1,491 from 2004 and 4,268 from ’03. “We’re graduating well over 100 students a week,” says NYREI’s president, Richard Levine. “You could hire a new person almost every second,” confirms Halstead president Diane Ramirez. And brokers and customers are starting to say the system is flooded with neophytes.”
Continue…
Doesn’t this remind you when people you knew quit their day jobs to become day traders. It was easy to make money as a day trader in 1998 and 1999, because the market went up 3 out of 4 days. Every tick was an up-tick it seemed. The preponderance of new real estate agents reminds me of those day trading days. What is even more idiotic about this crop of people thinking hat they will get rich selling real estate is that the day trading days only ended 5 years ago. The memories of “get rich quick” schemes should still be pretty lucid stll.
Snip…
“Everyone, it seems, wants to get into the real-estate business. According to the Department of State, as of June, there are 27,081 licensed agents and brokers in Manhattan, up 1,491 from 2004 and 4,268 from ’03. “We’re graduating well over 100 students a week,” says NYREI’s president, Richard Levine. “You could hire a new person almost every second,” confirms Halstead president Diane Ramirez. And brokers and customers are starting to say the system is flooded with neophytes.”
Continue…
posted by Little_Silvered at 8:50 PM
4 Comments:
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I have been following a site now for almost 2 years and I have found it to be both
reliable and profitable. They post daily and their stock trades have been beating
the indexes easily.
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RickJ
I have been following a site now for almost 2 years and I have found it to be both reliable and profitable. They post daily and their stock trades have been beating
the indexes easily.
Take a look at Wallstreetwinnersonline.com
RickJ
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